Talk of The Villages Florida - View Single Post - Real estate question
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Old 04-19-2024, 07:04 PM
retiredguy123 retiredguy123 is online now
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Quote:
Originally Posted by frayedends View Post
Yeah generally if you have an inspection there is a contingency in the offer to get your deposit back if the inspection finds issues. Sometimes there is very specific language such as "Buyer won't cancel transaction for repairs needed under $15000 or whatever". But usually you can get out with the inspection.

No idea what an inspection extension would do for you if you already found an issue.
The OP has said that they want to get their deposit back. Signing an inspection extension can only prevent them from getting it back. The agent is trying to force the sale to go through by keeping the sale alive and to get a commission.