Asked by k_bear, Traverse City, MI • Thu Apr 24, 2014
I had an accepted offer to purchase a home via a 30 year mortgage. I paid the mortgage app fee, and proceeded with the inspection and bank appraisal, which is when it was discovered that the abandoned home had never been winterized by the seller, resulting in a non-functioning plumbing condition. My mortgage bank, as most would, declined to move forward with the mortgage. The seller is asking to cancel the purchase agreement since they cannot fix the issues at this time due to weather. Now I'm out nearly $2000.00 for services, travel, etc., and no home to buy. I want to recover these expenses in addition to my earnest money (which is not an issue).
Real Estate in Whitmore Lake
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