Canceling Purchase Contract After Inspection Period

cancel contract

Question: We signed the standard AAR Purchase Contract (“Purchase Contract”) for the purchase of a Gold Canyon home near the Superstition Mountains. During the 10-day inspection period the seller agreed to make the minor repairs that our home inspector had recommended. We then flew back to Canada. Three days later our real estate agent called…

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Listing Agent’s Representations Can Be Purchase Contract

Question: We made a full listing price offer of $480,000 with $20,000 earnest money for a home in Casa Grande. Our real estate agent emailed our $480,000 offer to the listing agent who emailed our real estate agent back the next day “Sounds good. Let’s open escrow. Seller signing the purchase contract. Will send tomorrow.”…

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Who Can Answer Purchase Contract Questions?

Question: We signed the AAR Purchase Contract to buy a lovely Tempe home close to Arizona State University where my husband will be working. Every time we ask our real estate agent a question about something in the AAR Purchase Contract, however, he doesn’t answer specifically, and says that we should talk to a lawyer…

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