Buyer puts into the accepted purchasing contract “home inspections for information purposes only” with a 7 day contingency. Buyer now asking for repairs that are not related to appraisal required or well/septic and we already have a clear certificate for moisture and termite done days before the inspection. These are the 3 things that would justify, per our contract, having to pay up to a percentage of the price for repairs? Is the buyer able to walk away with their earnest deposit if we say no to the repairs? Also when does the 7 day window close - at time of ratification, end of business day, or before midnight on day 7? Just curious because the asking for repairs wasn’t the only thing the buyer is now asking us to fork over.
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source https://www.reddit.com/r/RealEstate/comments/1cck5z5/requesting_repairs_with_inspection_for/
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