Home
About Us
Testimonials
Resources
FAQs
Library
Audio/Video
Firm Cases
Case Results
Contact Us

Practice Areas

If a buyer can't get a mortgage can I keep the contract deposit?

A: Not if the contract has a mortgage contingency clause and the reason for the buyer not getting a mortgage is reasonable. Unless the buyer fails to diligently apply for the mortgage or does something to purposely get denied the buyer should be able to get their deposit back.

Begin your case review by filling out the form below:

Name *

Phone *

Email *

Tell us more *

Decker, Decker, Dito & Internicola
1610 Richmond Road
Staten Island, NY 10304
Phone: 718.979.4300
Fax: (718) 351-3514
Toll Free: 800.310.5520
Get Directions

FAQs

Home Sale

What are some inexpensive ways to raise my property value before having my house appraised for the sales process?
I currently own a home in the Staten Island area and am looking to sell my home, what do I need to prepare a sales contract?
If a buyer can't get a mortgage can I keep the contract deposit?