Q: As a buyer, if I make a deal to buy a house contingent on the sale of my house, but my house doesn't sell, do I get my deposit back?
A: Rarely do I get the chance to give a short, yet accurate, answer to a real estate question, so thanks for the chance! And that short answer is yes. more...
If you made your purchase contract contingent on the sale of your home, and you are unable to sell your home, you have the right to back out of the sale and recoup your deposit.