Expert, localized Los Angeles answers provided by Heather Roy

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Changed His MInd

  I have pd. earnest money on a new duplex. I have
changed my mind about buying. Do I have to buy
this property? I don't care about getting the
earnest money back. I just don't want this house.
 
  You signed a legal promise to buy when you signed that contract, so they could probably hold you to it.  But if you're willing to forfeit your deposit, and if it's a large enough one, many sellers would agree to cancel the contract.  Some wouldn't.  At any rate, take your contract to your own lawyer for advice before you do anything.
    Edith
Originally published on July 23, 2008
 
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