Seller & Agent not honoring inspection agreement

[Shalabh Jain]

Hi All,

i am in escrow for a condo purchase. I had an inspection contingency in my contract. I hired a licensed inspector to conduct the inspection and he prepared me a list of items that needed to be fixed. I sent that list to seller in Form35R.

My agent informed me via email that the seller agreed to do all the items. Now, i have only 2 days left to closing and so i conducted a walk-through to check on inspection items.

To my surprise, many of the items are not done. The seller has been reluctant to fix the items and even my agent is pushing me to accept it as is. My agent tells me "its my only choice to accept it as is". I am shocked to hear this from my own agent and i dont feel this is right.

If the seller did not wish to fix things, they could have declined my inspection report and request to fix everything.

What option do i have now ? 

Would i lose my escrow money in this case, if i chose not to sign the closing papers ?

Should i go consult a real estate attorney ?

Shalabh