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Updated over 7 years ago,
Need advice on cancellation of contract
Hi all
I need advice if we can cancel below contract as buyer ??
Basically we came in contract of one condo 20 days ago, seller never sent us condo rider & we were keep asking for all HOA & condo docs from day 1st but agent never provided us until last week when we already passed our inspection & financing contingencies. At early stage agent only shared HOA phone number but not docs
Now since we got rules docs, came to know it has rental restrictions which we did not know before. We, as buyer want to cancel contract. My lender has advised me that I can still do as seller never shared condo rider with us which they must do it. I want to double check with you experts. please advice if I am at strong position?? As I have significant amount in escrow.
Need urgent advice
Thanks in advance