Post a new topic
    1 Reply Latest reply on Mar 12, 2008 9:46 PM by LUCKIEST

    Earnest money deposit

    Boss24 Wayfarer

      I'm in the process of purchasing a business. I recently realized that the current Owner and the Broker on the deal are really great friends and it seems that now there is alot of info that they are neglecting to tell us about or present us with and they're trying to rush the close of the deal now. I put down an Earnest Money Deposit of $50,000. My question is...if the owner and broker continue to be shady with the info on the business,and If I decide that I want to pull out of this deal, Can I get my entire $ 50,000 back and if so how should I go about doing so aside from walking in and just saying Give my my money??? Thanks