Posts Tagged ‘waiver’
Buyer Can Waive If Seller Refuses Home Inspection
Question: We signed a purchase contract with the seller to buy a Glendale home for $450,000, and then deposited $10,000 earnest money with the escrow company. We were very excited, because not only were we having difficulty purchasing any home, this home was probably worth at least $500,000. Three days later our Realtor tried to…
Read MoreHOA Retains Authority Even if it has Been Lax on Enforcement
Question: We live in a gated community in Chandler. There are covenants, conditions, and restrictions (“CC&Rs”) that should be enforced by our homeowners association. Due to the economy and numerous foreclosures in our gated community, there has been a shortage of funds in the bank account of our homeowners association. The result is that…
Read MoreIf Sale is “as is,” Seller Must Reveal Known Problems
Question: We purchased a home “as is.” We failed to discover until after close of escrow that tree roots had partially obstructed our sewer line. The cost to repair the sewer line will be at least $2,500. The contractor that we are hiring to do the repairs said that the seller had to know…
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