Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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 almost 4 years ago on . Most recent reply

User Stats

9
Posts
5
Votes
Darien Terrell
5
Votes |
9
Posts

Mutual Release While Closing

Darien Terrell
Posted

I currently have a property under contract and am moving through the closing process. I had a general home inspection done prior to my FHA appraisal and there was nothing too alarming that popped up. My agent and I sent the sellers an ROC to repair a couple of minor things that would have popped up on the appraisal.

The seller's agent comes back and says they aren't fixing anything and would like to be released from the contract. I offered to fix anything that may pop up on the FHA appraisal and the seller still refused and requested a mutual release to be executed.

Is there anything I can do to get this deal to the closing table or is signing the mutual release my only option?

Loading replies...