Re: Cancelling Realestate Contract - Posted by Edward illiam Steiglemann
Posted by Edward illiam Steiglemann on June 19, 2007 at 11:49:03:
My wife and i signed realestate contract,my realestate agent spelled out in the contract that contract was contingent on condtitions,1 inspection of said property by lic. inspector and sellers disclosures to our acceptance. we were unhappy with the inspection report,ties on gable end of the house were never strapted down and nailed in place,fire place damper was frozen,electrical panal had circut brakers that were known not to trip off under over load conditions both main panel and panel in garage,plumbing was plumed with pex and 90% of polybutyaline,A/C did not cool propertly unit was 20 years old an i suspect that coil in the air handler was restricted, as inspector had thought because it was sealed he said, minor leaks at both bathrooms,tap-cons were never installed at bottom of new sliding patio door,The seller replaced theromstat and air filter at the return thinking that would cure the A/C problem but did not,we had signed a contract and written a check to title escrow acct. in the sum of $2.000.00 when we wanted out of the contract because inspection report was unaccaptable in our judgement . The seller wanted us to proceed to closing ,and would not sign a cancellation of contract or be willing to return our $2.000.00 .we have sinced signed a another contract to buy another home in another city.so we are waiting for sellers next move mind you they are twisted off because we will not be buying their house, and they cant sell it to another buyer until they resolve this matter of us not wanting to buy their home because house was in such disrepair now they know the real condition of the house dont they. will we split the money who knows we wind up court a question unanswerable at this time so we just wait. inaddition seller states we wavied our right to contingent in contract because listing agent subposeley stated we did not want an inspection and that is an untrue statement on seller part we would never purchace a home without haveing it inspected in the first place so we wait for sellers next move.