Does the buyer in a real estate transaction have the right to cancel after having a home inspection?
95502
Yea.. I'm pretty sure.. but have the contracts been signed? if so what does it say in the contracts.. you need to review that first.
669929
Are you looking to buy or are you the owner of the foreclosed property? If you are the owner, it may be too late since the sale has been scheduled unless youi can get your bank to cancel the sale by coming to some financial arrangement with them. The alternative maybe you try and get a family member/friend to buy the property at the Sherrif sale and allow you to rent it back from them.
202098
Real Estate Agent here!  Dont worry about if your agent knows!  Go directly to the broker...this is the person who is in charge of your agent!  Demand to know at what stage of the sale your agent is!  Your agent is required to give you proof of any transaction that is going on with your own house!  Your agent can not withhold any information at all.  this can be considered breach of contract!  Please contact the Broker immediately.  Something could very well possibly be going on behind your back.  Did you sign your agreement papers?  typically it takes 4 weeks for a closing to happen depending upon the circumstances!  Now stop reading this and contact the Broker...NOW!\n\nBest of Luck!
1110096
I doubt the lien would be enforceable since he had no ownership interest in the house when judgement was entered, but I recommend consulting a lawyer, things things vary from state to state.
1171900
If I'm correct, until all contingencies have been taken care of, they can and should entertain other offers.  If your financing falls through, or you find another home you like better, the inspections don't come out like you want, etc.  There are a hundred different reasons why YOU would back out, so he's covering his behind.  It's not unusual at all. \n\nIf all of your things are in order, I wouldn't worry about it  :)\n\nGood luck  :)
212326
You will have to read your contract very carefully.  In many pre-printed contracts the seller has the right to cancel if the need for repairs exceeds a certain dollar amount.\n\nAs for whether the seller can claim that the conditions could not be repaired, you could counter this by bringing in a contractor who can prepare a detailed estimate listing the work that is required.\n\nIf you are represented by an attorney, speak to them about this immediately.  If you are not represented by an attorney then this would be a good time to find one.
930217
The buyer CAN sue for performance.\n\nYou really messed up!\n\nGood Luck!  You are gonna need it!!!  Maybe something will happen along the way and the buyer will not want it.\n\nHere's a tip:  Depending on your state, if termites are a problem then if you can get them to get a termite inspection then the results have to be reported to the state and if it is deemed necessary that repairs are made before the buyer can get financing and you refuse to pay for repairs then you may just get yourself out of this deal.  But note that once the inspection is done the results are kept on file so when you want to refi or sell the repairs will have to be made.\n\nOh, and this wasn't a nice thing that you just did to your agent.  You probably signed something with them that stated that if you did this then they would still be due a commission.  At this point it might not be worth it to not sell.  Change is good.
675676
Notice.\n\nNotice statute\nA later buyer who pays fair value for the property and does not have notice that there were any other earlier conflicting interests, wins and will have priority over any later recordings.\n\nStates that follow the Notice statute: Alabama, Arizona, Connecticut, Florida, Illinois, Iowa, Kansas, Kentucky, Maine, Massachusetts, Missouri, New Hampshire, New Mexico, Oklahoma, Rhode Island, South Carolina, Tennessee, Vermont, and West Virginia.
488070
The fact of the matter is that you did not do your research about the area. You didn't ask your agent the right questions either. You should have asked or found out for yourself what is the area zoned for. Your agent's responsibility ends at the curb, any information about "off the property" issues such as rezoning or major works of redevelopment is not their responsibility to disclose to you unless it has an impact on  your property. And even if they did know about the project, you would have to prove in court, that you did not know and that the agent willfully withheld that information in order to steer you into the purchase and now you have real damages because of it.  Good luck...
638680
Unless you are the buyer or the seller, it's really none of your business. If you try to approach potential buyers, and you do not word things in exactly the correct way, you could get sued when they decide not to buy. The buyers will be having a home inspection prior to closing; hopefully they've selected a good home inspector who will catch these things. But you should stay out of it unless you have a financial interest in the sale of the home, or unless you like getting sued.
932704
Tricky question because there are a lot of "depends". IF you are passed due beyond the contract termination date specified then yes - it's larceny. IF you are passed due but only delinuent, then no as long as the property is returned before the contract termination date. DEPENDS greatly on the state you reside in as well as the attitude of the local prosecuting attorney and law enforcement. DEPENDS on the manager of the branch servicing your contract (you will find most just want the property back and their money - so they will settle fairly quick).
1067146
Not really, reading the contract before signing is key.   If you didn't sign anything than just return it.  \n\nThis is very common, a salesman will straight out lie to get the sale knowing there is nothing that can be done after the fact, if the customer catches it before hand he can go oops, if they don't then he gets the sale and moves on....\n\njust another reason why the buyer always needs to keep their eye open
561266
Yes, it is binding.  If you try to evict them, and they show the judge a valid lease document, they will not be evicted, regardless of who owns the property now, so long as the person who signed it had the authority to enter into the lease when it was signed.\n\nA lease cannot be unilaterally cancelled by either party.  Just as the tenant moving into another property doesn't cancel the lease, the landlord selling does not cancel the lease.\n\nIf you didn't know it was leased when you bought it, then you may have a case for damages against the seller, but you won't  be able to get the tenant out.
307330
If the contract allows you to fire the agent/brokerage and you can prove you did so before the sale of the property, you shouldn't be responsible for the commision.  If the contract outlines what the brokerage/agent will do and you can prove they didn't keep their end of the bargain you may be entitled to be released from the listing contract.  Pursue arbitration with the local Board of Realtors.
192000
This is going to cause lots of problems for so many reasons.\n\nIf you listed your house on FSBO but have a realtor's sign in your front yard - how will you explain that to prospective buyers without coming across as shady?\n\nAnd if that buyer has an agent? That agent is required to work with your listing agent.\n\nShort answer: Pay the commission out of your proceeds which are split between listing and buying agent but make the listing agent earn every penny.\n- Make sure the buyer is qualified\n- Handle the inspection\n- Manage the negotiation\n- Manage the contract process\n- Make sure the closing goes smoothly\n\nGood luck - I think you're going to need it.
576307
The sale of the house has NO affect on your lease.  The buyer takes the house subject to the lease.\n\nThe lease should say something about the landlord's right to enter the premises.  While a showing is a valid purpose most states require advanced notice of intent to enter in writing.  There are also legal restrictions on the time of day i.e. not too early in the morning of after dinner at night.  The landlord's entry without advance notice is a lease violation.  You may be entitled to stop paying rent or terminate your tenancy as a result.\n\nThe bottom line is that you two are going to have to work it out.  If you are hostile during the showings the house will never sell, and thus the showings will never stop.
233483
Call him and point out his mistake.  If you've already sold it but havent closed you can cancel it, and in most states you have 3 business days after closing.