Asked by colin, Chicago, IL • Tue Apr 29, 2014
I was selling a house to a buyer with a VA loan (last time I will ever do that), and I was required to make some repairs, including one involving a beam in the garage for $750. Repairs were made and paid for.
The buyer did not do a walk-through until the day of the closing and showed up to the closing demanding that this repair be done a second time (he didn't like the way it looked or something to that end). He also demanded some additional cosmetic nonsense like the removal of leaves form the front lawn, etc. My attorney was not present (decided he wanted to do it over the phone).
My initial response was to refuse these demands, but i was then told by my attorney that because there was a mandatory arbitration clause in the purchase contract, if I refused to close, the house would be taken off the market for months while the whole thing went to arbitration (that I would have to pay for). I was therefore forced to fork over $1000 in repairs at the closing table. Is this right?
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