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Updated over 7 years ago,

User Stats

495
Posts
391
Votes
Ricardo R.
Pro Member
  • Property Manager
  • Michigan Ctr, MI
391
Votes |
495
Posts

Can Sellers back-out after Inspection???

Ricardo R.
Pro Member
  • Property Manager
  • Michigan Ctr, MI
Posted

Hi all, I have a question regarding home inspections:

1) After placing a property under contract with a signed accepted offer with an inspection contingency. Can the Seller back out the offer if the Buyer asks for an inspection credit? Essentially, can the Seller back out of the offer merely at the request of the Buyer asking for an inspection credit a walk away without countering; even though the Buyer may still buy the property as is? or......

Is more that that the Seller can only say no, and then it is up to the Buyer to accept or walk away?

Is just asking for an inspection credit reason enough for a Seller not to sell?

Alex

  • Ricardo R.
  • 810-844-1104
  • Loading replies...