Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago,

User Stats

231
Posts
124
Votes
Derek Luttrell
  • Chicago, IL
124
Votes |
231
Posts

Seller Misses Inspection Response Deadline

Derek Luttrell
  • Chicago, IL
Posted

Hi All,

I am under contract on what would be 8th rental, but have run into something new. After going under contract, I had my usual inspection done, and then submitted formal repair requests to the seller. The response deadline I set was 6/24, and on 6/24 they submitted an extension request to 6/26 (yesterday) to decide what repairs they do or do not agree to do. My requests demand that a licensed electrician and licensed plumber do some work that the inspector said needed to be done, with receipts provided to show who performed said repairs.

My buyer's agent has told me that he "believes" the repairs have been worked on, but he does not know who did them. Also, it is now 6/27 (past the extension deadline), and I have not received any actual response from the seller regarding my requests. I also told my agent multiple times that I wasn't going to order the appraisal until the repairs were done (or we at least received the seller's response), yet yesterday he e-mailed my lender to "go ahead and schedule the appraisal" without notifying me first. We have done 5 deals together in 15 months, and he had earned my trust, but it really felt like he was trying to pull a fast one by talking to my lender behind my back.

My question is--since the response deadline has past, and I have nothing in writing that says the seller has actually agreed to the repair requests, am I free to walk with my $1,000 earnest money deposit returned to me? My loan has been approved pending nothing more than the appraisal.

Loading replies...