Home Buying in Cartersville>Question Details

chellf1, Home Buyer in Tunnel Hill, GA

We are in a home that we were going to rent to own, the home was listed as having Hardwood floors thru out it does not they are laminate! Would that?

Asked by chellf1, Tunnel Hill, GA Mon Jul 15, 2013

allow our contract to become null and void? Also it states that our deposit is non-refundable if the sale does not go thru, but they falsely advertised..would that change the circumstances?

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A rent to own deal is very risky for the renter/buyer as well as the seller. Oftentimes the buyer changes their mind about the property or they are unable to qualify for a mortgage loan in the allotted time period or the home cannot appraise for the agreed upon price. Thus the seller requires a higher non--refundable deposit if the sale does not occur.

You could try negotiating with the current seller to see if they will either replace the floors or refund your deposit. You could also contact an attorney to see if they can provide any guidance in this situation.

LaShonda Solomon
Associate Broker
Keller Williams Realty Signature Partners
(678) 477-5226
LaShondaSolomon@kw.com
http://www.AtlantasPremierProperties.com
1 vote Thank Flag Link Fri Aug 23, 2013
If the home was listed on FMLS, each listing states that "the accuracy of all information, regardless of source, including but not limited to square footage, is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with the appropriate professionals."

Within standard GAR contracts, the type of flooring would only be relative to the terms of your contract (1) if specifically stipulated within the contract, exhibits or amendments, or (2) if there was an unauthorized change made between the time you viewed/contracted to purchase the property and when you closed or upon occupancy.

Did you see the home prior to signing the contract?

Consult with an attorney and let her/him review your contract to be sure!!!
0 votes Thank Flag Link Mon Jul 15, 2013
**** I am not an attorney, and I am not giving legal advice!
Flag Mon Jul 15, 2013
The best advise I can give you is to consult an attorney.
0 votes Thank Flag Link Mon Jul 15, 2013
are you serious? Or are you kidding?
0 votes Thank Flag Link Mon Jul 15, 2013
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