If you have a signed purchase agreement, it should at least say what you agreed to, (XXXX RV in exchange for $$$$ with and conditioned on successful financing @ X%...
A clause stating what if anything happens to the deposit/ down payment… usually something like this…
The Seller will return the Buyer’s deposit in full within three (3) days should the conditions of this agreement not be met or waived by the Buyer within a given time frame…
Although I have seen sales agreements that are completely designed to protect the dealers rights only, and is the reason these things need to be researched and read before signing anything that can be claimed to be agreement…
What does your agreement say???
