re: Backing out of Purchase Agreement

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Sounds like you need to pay for your own inspection...Why would they give you information that THEY paid for?

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I was offering that as a potential negotiation point. If the buyers followed everything to the "t", then no, I would not give it to them since the buyer paid for it. But that's not what happened, so... was trying to think of something to make everyone happy.

I can't recall the purchase price. do we know it? This is comical if a sub $150K home.

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But that's not what happened, so... was trying to think of something to make everyone happy.

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They did what they needed to do. If he wants an inspection of HIS home, then HE should pay for it. I would personally just forget the whole thing and move on. One thing I've learned....no matter how many "connections" or "high tier Lawyers" you think you have...the other person most likely has just as many.

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blueboxer1119

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I'm obviously not a realtor. I've used the same purchase agreement and broker for every deal I've ever done.

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If you're an RE investor its strange that you wouldn't take the class and get your license. Most folks who get serious about it do just that. It's not unheard of, but most folks who are going to tie up their money into RE deals as an investment do this so they aren't as ignorant as you come off here.

Also, every deal is different and its obvious that both the PA and the realtor were weak and allowed the buyer outs in the contract from preventing you from having access to things you're now annoyed because you can't have. Things that could've been provided within the terms of a decently written contract.

That's your fault as you chose a weak realtor that uses cookie cutter PA's and/or written contracts. Your butt-hurt is with the buyers for using means readily available to them to back out, and then reneg on your counter. That's your fault. Not theirs. Work smarter next time.

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Contract? Contractually obligated? I've operated by the terms of the contract since day 1.

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You're annoyed that you can't get something that you aren't legally obligated to be provided per the terms of the contract/PA that you use by your own admission every time. Why are you aggravated with them? You should be aggravated at yourself and/or your realtor. Why are you asking for something they aren't legally required to give you? Why is it okay for them to say no and you be unhappy with it? Sour grapes, Aesop...

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They are absolutely able to use the inspection to withdraw from the sale (as stated in the contract), as long as the guidelines set forth in the contract are followed, which they weren't, so they aren't.

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They notified you of their problems, and you communicated back and forth with them about your willingness to accept the issues and mitigate them via repair/replacement via a counter. Your My-Cousin-Vinny-esque "Legal Dream Team" while impressive would still be laughed out of any courtroom around. If you didn't like the way they notified you, then you should have never bothered countering if they were in breach of the contract. Again, your fault for not understanding your own contract and using a weak one and/or realtor.

Your ignorance and arrogance in how you structured the deal and then arbitrarily want to accept communication using it will again get you laughed at both here and in any court.

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No inexperience or ineptitude. Pretty simple. See if you can keep up, I'll make it simple: 1. Sign contract 2. Honor contract Crazy concept, I know.

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I think we've already covered how dumb you are. I do agree that you've made it really simple for us to point it out repeatedly to you.

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As for the Hamlet stuff, get out of here with that crap. Go read poetry to someone else. Maybe y'all can have a nice cry together.

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Ahh. The old ad hominem. What a cockle-warmer those always are for me.

Well, that didn't take long.

Buyers offered inspection report and forfeited deposit to prevent a lawsuit. They were scared.

I got what I wanted. So sorry to disappoint.


They read the contract and came to the conclusion they made a mistake.

*fwiw, the inspection report basically said I needed to have my coils cleaned and replace a drip pan.

I was also missing a switch plate on a light switch.

Glad I got what I wanted. I figured I'd have to threaten a lawsuit to get it though.

I've enjoyed reading the internet tough guys call me names for 8 pages though.

I didn't realize so many kids were on here.

Have a nice day.

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I got what I wanted. So sorry to disappoint.

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The contract says I can sue for 10% of the sales price, which in this case would be about 30K.

Would it be a bad move to look like I'm going forward with the suit to "persuade" them to go forward?

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And:

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but this has caused a huge dilemma for me.

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Huge dilemmas for me aren't resolved in 2 days.

What do you do for a living?

I'm curious.

Call out assholes when i see them.

Are you mad? Do you need a tissue? Everything is going to be ok. Maybe you and the other guy can read poetry to each other for comfort.