If you have an inspection contingency in the contract (which you should), then you can definitely cancel the sale. You don’t need a reason, actually. Just “the inspection turned up matters that were not acceptable to us.”
Why did the sellers want this inspection right before the sale? Get your agent to start jumping for you. You should have the right to back seeing as they promised something that didn’t happen. Tell your agent that you are not going to close on the house till you have a proper inspection.
Next time (so that you have more legal backing), get the inspection right after you put in the offer and make the offer contigiant to the sale.
Have your agent fax an addendum to the selling agent,It should state escrow will no;t close on time due to improper inspection re: no power- buyer is requesting temporary power to complete inspection before escrow can close…. The selling agent cannot dictate any ting to you neither can the buying agent.
If you have an inspection contingency in the contract (which you should), then you can definitely cancel the sale. You don’t need a reason, actually. Just “the inspection turned up matters that were not acceptable to us.”
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Why did the sellers want this inspection right before the sale? Get your agent to start jumping for you. You should have the right to back seeing as they promised something that didn’t happen. Tell your agent that you are not going to close on the house till you have a proper inspection.
Next time (so that you have more legal backing), get the inspection right after you put in the offer and make the offer contigiant to the sale.
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Have your agent fax an addendum to the selling agent,It should state escrow will no;t close on time due to improper inspection re: no power- buyer is requesting temporary power to complete inspection before escrow can close…. The selling agent cannot dictate any ting to you neither can the buying agent.
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