San Diego Home Buyers Deposit Refundable

George Lorimer

Sunday, October 1, 2023

San Diego Home Buyers Deposit Refundable

You'll Be Happy With Your Home Purchase GUARANTEED, or I'll Buy It Back!*
Call George Lorimer at 619-846-1244 and Start Packing.

Let's say you're looking to buy a San Diego home. You put in an offer, and it gets accepted, and you think, "OH SH!%." what happens if I don't buy the home?

Am I stuck like Chuck, or is there an out?

99% of the time, there's an out.

There are things called contingencies which means if they are not satisfactory to you, you can cancel and get your deposit refunded.

Here are examples of contingencies I include to protect our buyers.

Home inspection
Loan
Appraisal
Seller disclosure
Title Report
Insurability
Neighborhood investigation - Megan's law.

You usually get a few weeks to make sure things are cool. If they are not, you cancel and get your deposit refunded. If it looks good, then you will sign a contingency removal form. That is the point where if you sign the contingency removal form and don't close escrow, your deposit becomes non-refundable.

I do this every day with 1000+ successful San Diego-sold homes. Call/text me with any questions or specifics, George Lorimer at 619-846-1244.

*conditions apply up to 24 months after purchase with George as your buyer's agent. George will buy the home back at a price agreed upon by the owner and George or sell it on the open market for no listing commission.

We would like to hear from you! If you have any questions, please do not hesitate to contact us. We are always looking forward to hearing from you! We will do our best to reply to you within 24 hours !