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Updated almost 8 years ago on . Most recent reply

User Stats

73
Posts
49
Votes
Petra M.
  • Investor
  • Los Angeles, CA
49
Votes |
73
Posts

[CA] Seller wants terms changed right before close?

Petra M.
  • Investor
  • Los Angeles, CA
Posted

Purchasing a $1MM vacation condo and the Seller noticed that we're splitting the hefty $15,000 HOA Transfer Tax 50:50. He wants us to pay for all of it.

He just caught this right before the loan docs are being drawn up and after we've waived all our contingencies.  We've been in escrow for almost a month.

What are my options here?  Does the purchase contact dictate that we split the transfer tax?  I still want the property, but I've pretty much given into all the seller demands, so it'd be nice to at least split the Transfer Tax.

Most Popular Reply

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9,934
Posts
10,788
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Chris Mason
  • Lender
  • California
10,788
Votes |
9,934
Posts
Chris Mason
  • Lender
  • California
ModeratorReplied

You tell the seller to F off & remind them that a contract is a contract.

Don't overthink this one... :)

  • Chris Mason
  • Loading replies...