Foreclosure closing delayed due to title issues?We found this awesome house as a REO property. The seller(bank) and us agreed to the price and closing date. One day before closing the closing agent informed us of title issues(another unfulfilled lien) on the property that will cause delays. We have put current our house on rent and need to vacate soon. I would like to know what options are available if the seller cannot close by the contract expiration date? Do I get my deposit back? What about the appraisal and home inspection costs I incurred, are those sunk costs? Please advise. Thanks!July 18 2014 - Reston00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.