Today we’re talking about something very common in my experience in the industry, and that is square footage discrepancies. Especially, discrepancies regarding the square footage that is input into an MLS listing.
I had an interesting scenario occur this week with one of my agents who was representing the buyers on a transaction.
They had gone under contract, they had negotiated an option period of seven days, and as they drew closer to the end of that option period, it became clear that some issues were going to need to be reexamined.
Is A Seller Obliged To Disclose A Previous Buyer’s Inspection Report To Subsequent Buyers? The previous buyers had the house under contract, for whatever reason. That contract fell off.
Today we’re talking about an issue that I’ve seen come up quite frequently lately with agents regarding offers that are contingent upon the sale of the buyer’s other property, contingency offers, and backup contracts.