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Updated over 4 years ago,

User Stats

18
Posts
8
Votes
Scott Weston
8
Votes |
18
Posts

Buyer Trying to Back Out of Sale After Inspection Response

Scott Weston
Posted

Ok interesting question. There is a property I am trying to buy out of town (2nd home). It was under contract when I found it - but the realtor reached out to me to tell me that the seller had refused a repair request from the first buyer. This agents position is that the request for repair is essentially a new contract and gave the seller an out to accept my more attractive offer. Original buyer has brought in an attorney to see if the seller actually has the right to do so (as opposed to simply saying no to the repair request and moving forward with the original terms of the agreement). Anyone have any experience with this?

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