The Super Official Homeowners Thread

[Kaan]

Won't lose earnest money, will lose due diligence money.  NC due diligence is basically the buyer paying the seller to take the house off the market for 14-30 days for the buyer to do their due diligence.

Wow thats awful,  especially given the severity of the problem.   It makes sense to protect the seller from buyers backing out for frivolous reasons but it creates a shitty situation where when its a severe problem,  the seller can just refuse to fix it and you're in a position where you have to accept major repairs or flush a ton of money down the drain.

if the seller does this enough times and collects enough due diligence money... they can fix the water issue and stay in the house.