Updated almost 6 years ago on . Most recent reply
FHA Buyers Worth The Trouble?
Just a general question if anyone is familiar...
If a FHA buyer reaches an agreement with a seller and makes the offer contingent on multiple repairs, the seller agrees and makes the repairs based on that agreement, and then on final walkthrough the day before closing the buyer pulls from the deal on reasoning that they are not pleased with the aesthetic of a minor repair, but does not allow the seller A chance to rectify... Does the seller have no recourse?
I’m being told no but it seems like it completely voids the purpose of earnest money. Just curious to see if anyone has direct experience or knowledge.
This is in Ohio btw