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Usually, when you decide to buy a condo/house, you must put a 10% deposit in an escrow account. Once you give this money, you are obligated to complete the purchase. At closing, you pay the rest of 90%.
So if you have not put down the 10% deposit, you loose nothing. If you gave the deposit, you will loose the deposit. If you already paid 100% and signed the closing paper, then there is nothing you can do.
Usually, when you decide to buy a condo/house, you must put a 10% deposit in an escrow account. Once you give this money, you are obligated to complete the purchase. At closing, you pay the rest of 90%.
So if you have not put down the 10% deposit, you loose nothing. If you gave the deposit, you will loose the deposit. If you already paid 100% and signed the closing paper, then there is nothing you can do.
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