Inspection related requests

Buyers in a sellers market – asking for a fix post inspection…

You have won a house in multiple offers and are now moving forward with the inspection. You know a used home won’t be “perfect” but you have a good idea of the home condition. Let’s say you find a significant issue during inspection that causes you concern. In 2016, the rules on how post inspection items get addressed changed. Prior to 2016, opening this dialogue could result in the seller pushing for a cancelation and perhaps signing a different PA. Today buyers can write an amendment proposing a seller concession and not risk the PA. Useful Q&A summary from our legal hotline resources.

Relator Legal Hot Line Q&A


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Blog at WordPress.com.

Up ↑

%d bloggers like this: