The status "withdrawn" on the MLS means that a seller has removed a home from the MLS and decided that it is not for sale, at least for the moment. As an escrow agent you are not allowed to release funds without both parties signatures.There are two main offer forms used in Massachusetts. The short answer is yes, a seller can cancel a contract — but only under particular circumstances. Yes, earnest money can be refunded in Massachusetts under specific conditions. Likewise, a seller can also benefit from escrow. " The check is made payable to an escrow company, not to the seller. Sellers may not wish to or cannot attend the closing and will ask that you attend in the seller's place. In Massachusetts, most contracts state that upon buyer default their escrow deposit money is the sole remedy to the seller. It is usually held in the broker's or title company's trust or escrow account until closing.
