Fidelity National Financial, Inc Bank Account Or Service Complaint

Fidelity National Financial, Inc Bank account or service department,

Other bank product/service Account opening, closing, or management Washington

I am a first time home buyer attempting to purchase a home in Washington State. - - has refused to release my earnest money in Escrow after seller relisted property while still under contract. Rather than follow the law and purchase of sale agreement and releasing my earnest money in a timely manner - - - reached out to - - - 's Attorney. On - -, 2016, I entered a purchase and sale agreement as a buyer to purchase from - and - - property located at - - - in -, Washington. As required by the purchase and sale agreement, I paid $10000.00 in earnest money which has been held in trust by - - 's escrow department. Both the - and I agreed that I would have a financing contingency in this transaction when they signed a Form - Financing Addendum. My financing contingency period was preserved until - - when I gave notice of termination due to being unable to


Under Section - of the Financing Addendum, - things were required under this contingency for refund of the earnest money : 1 ) written confirmation from the lender and 2 ) notice from the buyer. Both of those requirements were satisfied by - - Pursuant to the terms of Section -, on - - and - -, I again sent out a written notice demanding return of the earnest money. On - -, - bank my lender provided a written confirmation explaining why I was unable to obtain financing. According to RCW 64.04.220 ( 2 ), - - had 15 days from - - - the day it received my written notice - to 1 ) notify the parties of my demand, 2 ) release the money, or 3 ) commence an interpleader action. When my legal counsel called - - on - -, 2016, she said - - did not send out any notices to the parties in regard to my demand and that it was - - 's policy to simply wait in these situations for a rescission agreement to be signed. This policy is not consistent with the purchase and sale agreement or RCW 64.04.220. In fact, it is my opinion that - - is out of compliance with RCW 64.04.220 ( 2 ) and the terms of both the Form - Financing Addendum and the purchase and sale agreement. I just want my $10000.00 earnest money returned to me as I have sent significant time, energy, and resources traveling between coast to try and buy a home. I believe - - is not acting on good faith as a neutral party and they have wrongfully held onto my earnest money for 3 days shy of a month now. Please help me.