Q: I am in contract as buyer using a VA loan, and have done the appraisal and inspection. The seller then sent termination
The issue with the deal is the appraiser wants a structural engineer look at a leak and the pour has, but seller refuses to pay. Is it legal for the seller send me the buyer a termination notice, and is there any actions I should take upon receiving this.
A: It depends on the exact wording of the inspection contingency in your purchase contract. Typically, the seller is not required to pay for inspections or make any repairs, and it is the buyer who then has the option to terminate or proceed. So it could be a breach by seller - to go with a higher purchase offer. Use the Find a Lawyer tab to have a local attorney where the property is located review the contract and advise you.
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