Ok, I called my credit card company and they told me I have 30 days from when the title company informed me the sale did not go through. So I'm able to wait the ten business days they told me the check would be mailed to me. This company has until this problem with Marriott been very professional from all I could see. I'm just hoping they send my $1000 back.
I think you were given bad information by your credit card rep. I would verify this information thoroughly, although it cannot possibly be correct. I have never heard of an issuing bank that will allow a dispute based on the the eventual action of a merchant. I think more than likely you were given their merchant policy on how long the Merchant has to refund your money, but this would have nothing to do with your protection on a dispute.
The governing law provides you with a 60 day window
from the statement date that contains the charge. This could be a little over 60 days or almost 90 days, depending on the timing of your charge.
Your protected reason for filing a dispute is not receiving the goods or services. It really doesn't have anything to do with being informed by the closing company that the sale fell through. The two may seem like one in the same in your case, but the credit protection for a dispute doesn't need to concern anything except not receiving what was agreed upon.
If in doubt, file a dispute. I filed one on a reputable broker because they were taking too long and making excuses. I received the credit for the dispute and then another credit from the processing. Once everything was reconciled, with no input from me, I received another charge which balanced everything out. If you pass your 60 window you may not have any recourse except a lawsuit.
Some issuing banks may have a longer dispute window for good customer service purposes but most have the default.
