Quote:
Originally Posted by Inspector Mark
The seller does not have to fix anything! The inspection is so you can learn about the condition of the house. Of course you have he right to back out of the deal for ANY REASON you find unsatisfactory.
In most real estate transactions there is give and take. In my experience, as a 30 year Home Inspection business owner, most sellers will make some concessions to keep the deal moving forward.
As a buyer, you had X amount of days for your inspection contingency period. If you are outside of the period you have excepted the house as is. if you back out now you could loose your earnest money deposit.
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Well that's BS. Yes, you have the right to back out of the contract, if you're willing to give up your $10,000 deposit. Which is the same thing as saying, "Tough luck, Buddy, we hold all the cards, and, unless you're willing to spend $10K on a lawyer we don't own -- suck it up".