I recently put a contract on a house to be used as a business. The contract was contingent upon 1) Getting a loan, 2) The house passing a home inspection, and 3) The property's ability to be zoned as I needed. I put $1000 dwn as earnest money.

I now learn that my realtor cashed the check before the home inspection was performed. It later failed and I do not intend to buy this property. I have not informed realtor yet. (I want to find out more about the check being cashed first.)

Was the realtor within his rights to cash this check? I have never had this happen before. Typically, I get the check back at closing.

Thanks

Jayson
Nashville, TN