Q: I made an offer on a house in Gilbert and the Seller accepted. During the inspection period, property line....
irregularities were discovered. I cancelled the offer. The seller's agent texted my agent stating they want to work through the irregularities. I submitted the inspection report and listed corrections to be made. The seller relisted the property as available but did not instruct the title company to release my escrow deposit to me. I feel the seller is holding on to my inspection report (still in the 5 day response period) while advertising the property in hopes of finding a less detailed buyer. When instructed to list the property as pending, the seller declines and notes he is considering another offer. Are we still under contract and does the seller have to list the property as pending?
A:
Depends on the paperwork signed and exchanged. A real estate lawyer can review the documents and advise.
Please Take Notice: I am not your lawyer unless we enter into an engagement agreement in writing. This is only general information. It is NOT legal advice, and it may not work for your specific situation. It is impossible to evaluate a legal problem without a comprehensive consultation and review of all the relevant facts and documents. I strongly encourage you to consult with a local lawyer to get legal advice and help with your specific situation at your earliest convenience. I am licensed to practice law in Arizona.
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