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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated -- Ignore unavailable to you. Want to Upgrade?


To: Bluestryp who wrote (8902)2/26/2011 3:33:19 PM
From: BWAC  Read Replies (1) | Respond to of 119362
 
Enforce the contract, amend the contract, or walk away.



To: Bluestryp who wrote (8902)2/26/2011 3:43:48 PM
From: saveslivesbyday  Respond to of 119362
 
I have been strong-armed at closings before - with crap you couldn't even imagine.

If you don't want to pay any more, just walk away.

Or, you could pay for the inspection and make them responsible for any repairs needed.



To: Bluestryp who wrote (8902)2/26/2011 5:36:28 PM
From: Jim McMannis  Respond to of 119362
 
We deal with this all the time.

1. You can force the contract but it may be that the seller has no money. And if he does he's maybe POed about losing the house and not willing to give any more. It's my experience that in short sales, sellers can get mad because you're getting a good deal on their house. Most short sales are "as is" anyway.

2. You can get the termite inspection (shouldn't be too much)
yourself and get an estimate of the repairs if any and determine whether it's worth it for you to go ahead with the purchase.

3. You can walk.