San Antonio, TX asked in Real Estate Law and Arbitration / Mediation Law for Texas

Q: Can I get my earnest money back in Texas?

On Feb 27, we went to see some home and we stop on Perry Homes. The seller told us the prices where going to change soon. She ask us if we had an agent and since we didn't she told her friend who is an agent an was there. He said we could sell our home and get more 100k and we where pressure to sign a contract to lock the price.

A week later, the seller call us that we need to talk. She told us that the model home we wanted priced increased and that we needed to sign an ademdum with the new price which total over 13k more. We told her that was not what we agreed and that we will not sign the price increase. Then she said that if we wanted to cancel we could. But now, she said Perry Homes will not return our earnest money.

1 Lawyer Answer
Teri A. Walter
Teri A. Walter
Answered
  • Consumer Law Lawyer
  • Houston, TX
  • Licensed in Texas

A: Whether you can get the earnest money depends on the terms of the contract you signed. Take it to a lawyer for review.

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