And to also read the paragraph in the contract about canceling and liquidated damages .

You can also expect the buyer to sue you for specific performance (court order to complete the sale) along with any damages like alternative housing, storage of his household goods, additional moving costs, etc.Unless there's something you're not telling us, it sounds like the broker did his job and got you an offer you accepted. 

If you replace it in 5 years, you'll be repairing any damage done on the inside, and you'll be coming out of pocket for all of it...plus interest if the source is a loan. 

The duplex next door burnt down, so because of smoke damage, this duplex was completely gutted and redone.

I have seen some potential properties, however most of them would need some form of repair ranging from installing new flooring to repairing water damage and potentially more.I'm wondering how a recession will impact construction costs?

Hello, I'm seeking recommendations for great contractors who service Little Village, Chicago 60623 to assist with the following needs:- roofers for a pitched roof- replace floorboards in attic- fix ceiling with water damage- minor wall repair and painting- tuck pointing- junk removal- a reliable handyman!

You can also take advantage of this time and be able to BUY real estate at a low with all of this turmoil in the air!

Then they begged me to take this pile of slight edge damaged culled fireproof drywall.

Like I said above, let's just pause, do what we can do for damage control. 

I'm just over in Huntersville- I actually was just under contract on a house in Concord too but the inspection turned out more foundation damage than I wanted to deal with.