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Buying or Selling in Oklahoma City, Emond, Moore, Yukon, Piedmont

By Josh Barnett | Broker in Oklahoma City, OK

Seller Question on Buyer Inspection Results


Seller Question: Contract Dilemma

 

Scenario: Seller and buyer enter into contract agreement.(both have real estate agents) Buyer has a home inspector come inspect the house. Inspector says the roof is "defective." Roof was inspected 1 year ago and the roof was in "good serviceable condition." Buyer goes behind seller's back and states that a roofer came out too without seller being there and inspected the roof and agreed with home inspector. Buyer now wants to back out of contract and return of earnest money. Seller wants a copy of the inspection report and the name of the inspection company. The buyer will not provide a copy. Is the seller entitled to receive a copy of the inspection report? The buyer gave no time for the seller to address the issue. It's all word of mouth. Seller has not received any documents stating what the problem is with the roof.

 

My Answer:

 

The OREC purchase contract has timeline and guidelines to follow, review the purchase agreement that both parties agreed to.

 

On the OREC purchase contract, the buyer can exercise clause, 7. C. 2. a. to be released from the purchase contract and receive full re-imbursement of the earnest money if this clause is exercised within the agreed time period. 

 

In disputes, the purchase, as the consumer, is move favorably looked upon typically.  When dealing with real estate everything has to be in writing, only what is in writing can be argued.

 

OREC’s purchase agreement: http://www.ok.gov/orec

 

Hope this helps,

 

Josh Barnett, Realtor | Josh’s The 1% Listing Fee Service | Metro First Realty | Oklahoma City, OK | Nichols Hills, OK | Edmond, OK | Moore, OK | Mustang, OK | Piedmont, OK | Yukon, OK | Bethany, OK | War Acres, OK | Jones, OK | Midwest City, OK | Del City, OK | Choctaw, OK | Guthrie, OK | Norman, OK | El Reno, OK | Oklahoma’s Realtor | Home Buying | Home Selling | Oklahoma’s Realtor | 405-315-7965 | Josh@JoshBarnettOKC.com | www.1ListingFee.com

 

 
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