Q: Signed a purchase & sale stating the sellers would remove shed.
The shed was falling down & would not have passed the inspection for a usda loan. Our loan was denied due to my husband getting 5 less hours a week at work. Now the sellers said they will not give back the deposit because they removed the shed & that it's my husbands fault we didn't get approved. I read the contract & it says they can only keep it if we backed out, but says if we can't get the loan it would be refunded. We don't know what to do. I think our realtor is siding with them & doesn't seem to care.
A: Sue them for your money back if you are confident that this is how the contract reads.
John Espinosa agrees with this answer
A: You should have a real estate attorney read the purchase and sale agreement to make sure first. Then decide how to best proceed.
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