Posts Tagged ‘aar purchase contract’
Arizona home seller repair obligations after inspection period
Question: We signed the standard Arizona Association of Realtors purchase contract to sell our Queen Creek home. The buyer had a 10-day inspection period to request any repairs. On day 14 our listing broker received the buyer’s request to fix the swimming pool motor. Our listing broker says that we must fix the swimming pool…
Read MoreSeller Not Required to Repair Sprinkler System
Question: After we signed a purchase contract for a home in Chandler, we had a home inspection. This home inspection showed that several underground pipes in the sprinkler system were broken. The seller refuses to repair the sprinkler system, but is willing to return our $25,000 earnest money. Can we make the seller fix the…
Read MoreListing Commission Owed When “Ready, Willing, and Able” Buyer Produced
Question: In a recent column you discussed whether a listing broker was entitled to a real estate commission when, the day before close of escrow, the seller agreed with the buyer to cancel the sale of the home. You then said that the listing broker was still entitled to a commission because a ready, willing,…
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