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Updated over 7 years ago on . Most recent reply

User Stats

174
Posts
69
Votes
Peter K.
  • Real Estate Broker
  • Raleigh, NC
69
Votes |
174
Posts

VA Appraisal came in- issues!

Peter K.
  • Real Estate Broker
  • Raleigh, NC
Posted
Appraisal came in today, and I'm closing in 4 days! I know, they came in VERY LATE. So I'll have to delay my closing. AND on top of that, the VA Appraisal requires the sellers to fix a bunch of minor things- my question is, is the seller obligated to fix all of those issues? If he doesn't want to, can he break the contract and refuse to sell? What would be his repuccussions if he does? Just a thought because he's putting a lot of capital into a property he is selling and I doubt he's happy about it. Just wondering.

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