We are selling my father-in-laws house, he passed in July.
We listed at 99,500, hired a painter, and an electrician to update the house.
In the mean time, a realtor we had spoken to, new of a buyer possibility and offered to sell for 3% (unlisted).
We got an AS IS offer of 97,000.
We agreed, he put $1000. in escrow we signed contract.
He asked that we stopped painting, as he would take care of it.
The electrical was completed.
Skip ahead..everything is ok till he pays for inspection 2 and a half weeks later.
They find plumbing issue, which we resolved at our expense.
4 days before close, he cancels deal claims inspection as reason.
We are asked to sign release of contract and his $1000.
We can not get a legitimate reason for his cancellation, (he bought it "as is")
We are out abstract update fees as they are time sensitive,
and have lost 3 weeks of potential listing.
My question is this...how can I fu*k with this jerkweed....
I am thinking his $1000, can rot in escrow.....any thoughts?
We listed at 99,500, hired a painter, and an electrician to update the house.
In the mean time, a realtor we had spoken to, new of a buyer possibility and offered to sell for 3% (unlisted).
We got an AS IS offer of 97,000.
We agreed, he put $1000. in escrow we signed contract.
He asked that we stopped painting, as he would take care of it.
The electrical was completed.
Skip ahead..everything is ok till he pays for inspection 2 and a half weeks later.
They find plumbing issue, which we resolved at our expense.
4 days before close, he cancels deal claims inspection as reason.
We are asked to sign release of contract and his $1000.
We can not get a legitimate reason for his cancellation, (he bought it "as is")
We are out abstract update fees as they are time sensitive,
and have lost 3 weeks of potential listing.
My question is this...how can I fu*k with this jerkweed....
I am thinking his $1000, can rot in escrow.....any thoughts?
