Real Estate

A prospective client called last week. He bought a house and had it inspected. Turned out the air conditioning system needed to be replaced. The sellers said they would take care of it. At the settlement table, the sellers said they decided not to replace it but offered to place $2500 in escrow. The Buyer accepted the escrow amount. When the Buyer went to get it replaced, the cheapest he could find was $3158. He asked me if he could get the $658 difference from the Seller. The terms of the escrow agreement precluded the…Read More