Yes. Essentially, they've broken the contract. It's now voidable (meaning you have the power to void the contract if you choose). Talk to your realtor and to title, but you should be safe. At least that's how it works in Texas.... more
I have been in such situation. The attorney can hold portion of settlement amount to seller until the agreed repairs are done. Or if buyer is agreed (which in most cases seller will love too), seller will pay estimated amount to the buyer to get the repairs done.... more
If the work to be done was specified in the P&S and there is language in there that allows you to back out based on a walk through / re-inspection then you should be ok. You definitely want to have a lawyer look at the paperwork. Here in Needham, Scott Taylor at Kriss Law is excellent. Good luck!... more
Did the attorney's come to an agreement prior to close? A hold back? Something in writing?
If none of the above your leverage/rights might be limited but certainly worth a call to your attorney for some guidance.
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