First American Financial Corporation Money Transfers Complaint

First American Financial Corporation Money transfers department,

Domestic (US) money transfer Other transaction issues Indiana

I had a contract to purchase a home in - 2015. The morning of what would have been closing, I wired nearly $270000.00 to - - - -. The afternoon of 'closing day, ' my real estate agent and I did a final walk through of the home only to find that the seller had defaulted on the terms of the contract by not having inspection repairs made and habitability standards met. Upon learning of the seller 's contractual default, I cancelled closing that day. I later approached - - - to request my wired funds be returned to me due to our failure to close. - - - - has refused for multiple days to return my wired funds. My real estate agent and I formally gave notice to - - -, - - ( regional manager ), and - - ( escrow coordinator ) that I expected my funds to be wired back to my account within 24 hours. We are well beyond that timeframe and my funds are still being held against my will by - - - -. - - seems to be afraid of losing repeat business from the seller 's Realtor, and therefore refuses to return my monies. My monies are being held against my will by - - - - in hopes that I will succumb to their bullying and close on a home that does not pass inspection so that they can maintain a business relationship and profit from their acts of coercion.