I gave $1,500 of earnest money unknowingly… can I get it back? (unsigned contract) : RealEstate


Location: Texas

I gave a home builder (new construction) $1,500 (out of 2,000) of earnest money without even knowing what it was. I was told that the $2,000 was just to place the house on hold and that if I changed my mind, they would return it. Well… later on in the sales office I was presented with a Purchase and Sale Agreement which I asked to take home to look over. As it stands, the contract is still unsigned and I have not agreed to anything. After pre-approval with a bank… the house is too high of a financial stress for me right now. I plan on going back in two days to pick up my $1,500. Can I run into any issues with this?



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