Talk of The Villages Florida - View Single Post - Question about resolution of home inspections
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Old 08-20-2019, 08:00 AM
retiredguy123 retiredguy123 is online now
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I think, typically, the sales contract requires the seller to repair the defects up to 3 percent of the contract price. If they exceed 3 percent, then the seller can refuse and the buyer has the option to cancel the sale, or they can renegotiate the price. But, if the seller agrees to repair the defects, then I don't think the buyer can cancel the sale. I don't really see the difference between a routine maintenance item and other issues. If the seller has failed to maintain the property, shouldn't that be a valid inspection issue?