Buying or Selling a Home/Purchasing

Advertisement


Question
Signed a purchase agreement to buy in the state of KY. Upon inspection several items came to my attention. Requested seller fix some issues, were willing to fix all but two, one of them was a major issue for me. Said i need to get another inspection and if so he would fix. Really how many inspections do i need to do, next he might ask for a third. I think he should ask and see if it needs to be fixed because technically i had only 7 days to do inspection. Anyway after his response those issues weren't meet so i declared the contract null and void. Is this legal for me to do.

Answer
Hi Brad,

If you had a qualified, licensed home inspector do your inspection, you should not have to have another inspection done to satisfy this Seller.

The language in your Contract of Sale should answer your question as to whether or not you can declare the Contract null and void after Seller refused (or made an unreasonable request) to make corrections you asked for.

Check your Contract’s home inspection paragraph(s).  Most contracts I am familiar with give the Purchaser the right to terminate or declare the Contract null and void if Seller refuses to make corrections requested by Purchaser as a result of Purchaser’s home inspection.

Good luck to you, and feel free to write again with additional questions.

Regards,
Elizabeth

Buying or Selling a Home

All Answers


Answers by Expert:


Ask Experts

Volunteer


liznarr

Expertise

I can answer questions relating to the purchase and/or sale of residential homes and land, including what a really good agent should be expected to do and/or not do; where to turn when problems occur; and questions regarding disclosure. I`m a Licensed Realtor in the Southeast since 1984 with designations of Broker, GRI, CRS, and CBR (Certified Buyer Representative). Current active and Life Member of Million Dollar Club, Certified by State Real Estate Commission to teach Pre-Licensing and Continuing Education courses, specializing in Agency. Currently serving on Grievance and Professional Standards Committees, and Education Committee in past.

©2012 About.com, a part of The New York Times Company. All rights reserved.