Plumbing Problems after Home Purchase

Generally, when you purchase a home, you are on the hook for all future repairs. However, exceptions do apply. Do determine the liability, if any at all, of the seller for plumbing problem, for example, courts will look to the purchase agreement for the home, the nature of the problem, whether you had a home inspection, and any specific misrepresentations by the seller.

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Contract Options Available When One Spouse Dies Before Completing a Home Sale

If both members of the couple signed the real estate contract, then the contract would still be enforceable against the survivor, even after his or her spouse passed away. The house would (in almost all cases) pass to the survivor without having to go through probate since real estate is normally owned by married couples as a joint tenancy with right of survivorship—so when one passes, the other instantly, by law, gets the home. If, however, only one of the couple had actually signed the contract, then it’s not clear that it could be enforced against the survivor—contracts are only enforceable against those who are parties or signatories to them.

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In a Real Estate Sale, Can a Home Buyer’s Agent Bypass the Listing Agent and Go Directly to the Seller?

From a contractual point of view, a buyer’s agent could bypass the seller’s agent and approach the seller directly, such as to present an offer that the seller’s agent has refused to pass on. And since there are no laws requiring a third party, like a prospective buyer, to go through the seller’s agent rather than directly to the seller, this is a viable and perfectly legal tactic.

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Important Provisions for a Home Buyer in a Home Purchase Agreement

Normally the most important provision in a real estate contract for the home buyer (as well as the seller) is the selling price of the property. The contract should also include a standard clause that enables the buyer to have an inspection made of the property within a certain period of time by third parties, to make sure there are no hidden problems affecting the integrity of the home. Another important provision is a loan contingency clause (purchase is conditioned on the buyer getting financing) to buy the property.

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