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Tilted Cat Head
Administrator
Location: Manhattan, NY
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I don't know this for fact, but since it is zero down they should give you back your earnest money deposit in full once you've closed escrow. The money is held as "damages" if you default in any way on completing the closing. There are of course "outs" you have such as if there are and CC&R (convenants, conditions, and restrictions) these are by laws for homeowners associations and the like, and after inspection where if you find out that the house isn't worth buying at the original accepted offer price because there are needed repairs like roof repair, mold, HVAC issues, etc.
Ask your broker to be sure.
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