Seller signed off on repairs now refusing to make the repairs

[Homebuyer18201]

What is the name of your state (only U.S. law)? PA

I am in the process of purchasing a town-home. The unit is part of a 4 unit town-home. There are no associations. I had an inspection done and several leaks were detected. One of these leaks was on the main water line into the unit and is also the main supply to all the other untis. I completed the reply to inspection report and the seller agreed to repair all of the leaks. He fixed all the other leaks and when I contacted the selling agent about the progress it was stated to me that they was waiting to get a plumber and contact the water company to have the water shut off to make the repairs on the main water line leak. Now 3 days later the seller is stating since it is the main water line and it supplies all of the units he does not want to fix it. I had the mortgage company complete the appraisal and a closing date as been set only because the seller signed off on the repairs. What can I do?

 

[HomeGuru]

What is the name of your state (only U.S. law)? PA

I am in the process of purchasing a town-home. The unit is part of a 4 unit town-home. There are no associations. I had an inspection done and several leaks were detected. One of these leaks was on the main water line into the unit and is also the main supply to all the other untis. I completed the reply to inspection report and the seller agreed to repair all of the leaks. He fixed all the other leaks and when I contacted the selling agent about the progress it was stated to me that they was waiting to get a plumber and contact the water company to have the water shut off to make the repairs on the main water line leak. Now 3 days later the seller is stating since it is the main water line and it supplies all of the units he does not want to fix it. I had the mortgage company complete the appraisal and a closing date as been set only because the seller signed off on the repairs. What can I do?

**A: where is your real estate agent and why is there no HOA? Are there CCR"s recorded on title?

 

[JETX]

What can I do?

You can"
1) Walk away (due to failure to repair as agreed) or
2) Force the repair to be completed BEFORE closing or
3) Have the seller escrow sufficient funds ($5000?) so that you can have the repair done after closing.

 

[Homebuyer18201]

The loan has already been approved and the appraisal and closing date set. If I walk away can I receive funds back from the seller to cover my possible costs owed to the mortgage company?

 

[JETX]

If I walk away can I receive funds back from the seller to cover my possible costs owed to the mortgage company?

Can you?? Of course you can.
Will you?? Depends on the EXACT terms of the contract... and whether you are willing to spend the time and money pursuing those funds, in court if necessary.