Quote:
Originally Posted by Maker
I recall something about 1.5% of selling price is held back for a period of time where buyer can submit a claim for correcting an issue that should not have been present at closing. I did not need that, so my memory is not too clear about it. Worth asking. You could fix a bunch of stuff that was not right using seller's money.
|
Not true. There is no money held back, unless it is a private agreement between the buyer and seller. And, I am sure that the broker would never allow any of their commission to be held back.