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Supposed to close on 7/31, but...

We are supposed to close this Friday, July 31st.

Initial home inspection turned up a few issues. Report came back on July 6th. Seller agreed to address all issues (exact wording).

A week later we notice no work is being done. The next week we reach out. We're told they are not making any fixes until they receive the loan guarantee. We get it the same day. This is on or about July 15th. Still no work was started until this past Saturday and finished just today.

We get the inspector back out tonight. He let's us know the main issue (cloth wires in the basement) is still not fixed. We asked to have this upgraded as suggested in the home inspection report. They agreed to address and NOTHING was done.

I'm waiting to hear back from my lawyer, but wondering if anyone else has dealt with this. What would you do? I know cloth wiring is not illegal, but it is hazardous and they agreed to address, but did not.

submitted by /u/JasminOMG
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source https://www.reddit.com/r/RealEstate/comments/hzriaq/supposed_to_close_on_731_but/

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