Q: Arbitration - Buyer (Real estate)
sold a property two months ago.. the property was inspected thoroughly and signed off by the community inspector 2 days before the sale deed was closed. I also replaced any/all damaged items and got the property cleaned. Additionally, I also informed the buyer (before the sale deed closed) via email that there was flooding in the basement during severe rains.
After buying the property the buyer noticed some water in the basement and contacted my real estate agent.
My real estate agent updated me that the buyer is going to look into arbitration paper work and decide how to move forward.. how would you recommend I handle this situation?
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