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  1. Sorry, I did not make it clear to you. I want to change the way to ask this question, in what kind of situations will I lose my deposit after opening escrow? I’m the buyer. Thank you very much!
  2. Could I get my deposit back? Any penalties? i’m in California and plan to purchase a condo, the normal closing escrow time is 45days, but for some reason my agent want to to shorten it to 30days because of the requirements from the seller, the loan contingency date and inspection date are both shortened. If I can’t get my loan in time and the seller decided to cancel the contract, could I get my 3% deposit back? Any penalties on me? Thank you.
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