Do you get good faith money back?

Answer by  patti (29325)

In a real estate transaction, the conditions of "good faith" or earnest money is detailed in the contract. If the buyer meets the terms of the contract (efforts to secure financing, e. g. ), the earnest money is returned if the sale cannot be completed.

Answer by  withluck (1745)

The contract for sale should have clearly outlined the conditions under which you can get the good faith money back. Refer back to the original contract.