Asked by Gita, Vernon Hills, IL • Tue Mar 23, 2010
Contract was signed & home inspection was completed. Seller agreed to credit little amount for the repair which we are not comfortable with, as it is related to roof leakage.
So can we cancel the contract?
Our contract has clause - If within 10 business days after date of acceptance written agreement is not reached by the parties with respect to the resolution of all inspection issues, then either party may terminate this contract by serving notice to the other party, whereupon this contract shall be null and void.
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