Quote:
Originally Posted by frayedends
This doesn’t sound like crime. It sounds like the buyer entered a transaction without any representation and didn’t understand the contract she signed. It sounds as if the contract allows the seller time to fix any issues found in the inspection. The seller should have to show sufficient proof of such repair (this can be tricky and debatable).
If they are asking for an extension there is the possibility they can’t get repairs done in time. Don’t sign an extension and on the day it expires request they sign a release.
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It could be a crime if it rises to the level of elder abuse. A licensed real estate agent has a fiduciary duty to treat both parties in a fair manner regardless of who they represent. It is not correct to tell a buyer that they will lose their deposit when the agent does not know that to be true.