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re: Backing out of Purchase Agreement
Posted on 5/26/15 at 10:42 pm to KJason
Posted on 5/26/15 at 10:42 pm to KJason
They wouldn't even let me see the inspection report.
One side of me says I should be lenient. The other side says that my job is to provide for my family and put us in the best possible position financially, feeling of others be damned.
One side of me says I should be lenient. The other side says that my job is to provide for my family and put us in the best possible position financially, feeling of others be damned.
Posted on 5/27/15 at 7:45 am to blueboxer1119
Did you miss out on another sale because of these guys?
edit: to me it sounds like they gave notice in the appropriate window albeit not in writing. If you want to attempt to stick it to them over a technicality because you are disappointed in the sale not going through I think it's a mistake.
edit: to me it sounds like they gave notice in the appropriate window albeit not in writing. If you want to attempt to stick it to them over a technicality because you are disappointed in the sale not going through I think it's a mistake.
This post was edited on 5/27/15 at 7:54 am
Posted on 5/28/15 at 8:05 am to blueboxer1119
quote:
They wouldn't even let me see the inspection report.
I'd at least use the leverage you have to get a copy of the inspection report.
I had a similar situation recently. The buyer wanted an inspection and get agreed the PA wasn't binding if something came up in the inspection. The guy tried to weasel me out of a few thousand more dollars over some tedious crap, so I asked him for a copy of the report. I was already below my lowest number, so I just told him that the price is [what we agreed to] and if he didn't accept that, I am assuming he is backing out of the PA based on the clause about the property passing inspection. I haven't heard back from him.
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