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Update: Inspector looked at property, work not being done properly and cannot be completed by closing. Seller is belligerent and doesn't care about losing the sale. Looks like we're going to get out of the contract without more of a fight. Depending upon how you look at it I probably pissed away $2K in inspections and legal fees. I guess I'm more inclined to consider what those fees saved me in the long haul.
I'm pretty sour on Florida real estate right now, but there is a similar residence that just came on the market which is actually a little nicer. I'll probably give it a look while I'm in town for a golf trip.
Thanks for your help and comments.
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While I understand your feelings based on this deal, don't give up on Florida real estate. I am not an attorney or a real estate agent - just someone very familiar with the process. I have yet to see a contract that did not allow the buyer to walk away, with all of his money, if the property did not pass inspection. I'm not saying that such contracts don't exist, nor am I saying they should not exist. I'm just stating that a standard contract should have an escape clause regarding inspection.
You will have to pay for the inspection, win - lose - draw, but your representatives (I use a board certified real estate attorney) should have ensured that was present. I have no clue how other states do this, but a clause for inspection is the norm in Florida.
For example, we had agreed to a price and signed a contract on a house 6 months ago. Standard inspection clause present. Less than a week before the inspection, a freak tornado damaged a dozen homes in that neighborhood. Obviously the home would not pass inspection (I actually stopped in an hour after the storm and helped them clean up) so we wished them well and moved on. No lawsuit, no angry phone calls. Simple here in Florida - if your representatives are even halfway competent.