Escrow in Tennessee?

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Your real estate agent is a toad. (And I say that with sadness because I also am a real estate agent) If your offer to purchase contained an appropriate contingency clause covering you in the event of failure to get loan approval, you should have the escrow/earnest money returned to YOU. If the real estate agent persists, contact his/her managing broker and have a heart to heart talk with the managing broker. Do not sign anything, and make that call to the broker first thing tomorrow morning.

Escrow in Tennessee?

You only lose your money if you were able to receive financing and then backed out. You need to look at a copy of your sales contract and make sure it stated your offer was contingent upon financing. You need to have your lender give you a turn down letter and go to the managing broker to get your money back. It sounds like your realtor is not being ethical.

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Escrow in Tennessee?

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