jcman311
Distinguished Member
- Joined
- Feb 11, 2015
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I'm calling this. These buyers will find a way to back out. One can nudge inspections in any general direction and then stuff has to be disclosed. They will find anything they can to try and get a discount based on "condition"/inspection. "Oh the roof is at the end of its life" or "Hmm, the electrical needs an upgrade" or "The insulation isn't up to code". Whatever they can find they will in order to back out.Hmmmm, not a bad take. So a little more info, while I was prep sanding doors the call came in from my RE agent with the bad news. by the time I took a break and called her back the buyers had apologized and other agent says they really want this house, somehow she thinks we should really stick with them.
I asked and it was all verbal, they never sent the written request for release.
Earnest money is pretty low. Meanwhile I was unsure if the verbal was enough to allow me to formalize the breach of contract, or worth the potential headache. Will check w an atty for advice on that point.
Worst case I can kick them out this week if they ask for anything based on inspections.
Edit: I guess that is not worst case... worst case is we get close to close and they bail. Sigh...