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    Purchase Contracts: Re: Earnest Money Release from Seller in Florida

    After researching my options this is what I ended up doing:

    1. Filed an affidavit with the county records office where the deed is recorded stating a "notice of contract" between buyer and...
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    Purchase Contracts: Re: Earnest Money Release from Seller in Florida

    Thanks for the feedback.
    Yes. It looks like accepting the extensions was a mistake. I can't see how I am the one in breach of contract by the language in the agreement but if after a few attorney...
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    Purchase Contracts: Re: Earnest Money Release from Seller in Florida

    Thank you for pointing it out. However, there is no such thing as an obligation to secure financing anywhere in that section. It's certainly the case that the buyer needs to "use diligent effort" to...
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    Purchase Contracts: Re: Earnest Money Release from Seller in Florida

    I believe you are concluding that obtaining a loan is an obligation of the buyer. Therefore, if the buyer fails, neglects or refuses to obtain a loan that the buyer is in breach of contract.
    Can...
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    Purchase Contracts: Re: Earnest Money Release from Seller in Florida

    We did not.
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    Purchase Contracts: Earnest Money Release from Seller in Florida

    My question involves real estate located in the State of: Florida

    I made an offer on a house and deposited $10K as earnest money with the title company.
    The offer was submitted via a standard...
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