From: trip@uab.edu (TripFarmer)
Newsgroups: misc.invest.real-estate misc.consumers.house
Subject: Re: Buyers change loan type and requires amendment to contract
Date: 29 Aug 2003 18:50:59 GMT



>So far we have not paid any repairs. The only minor repair that has
>been done was paid by the seller. I saw some discussions on google
>regarding FHA requiring repairs and is the reason I am concerned. By
>signing the amendment, are we obligated to do some repairs ? Will
>there be a second or third round
>home inspection ? 

Are you sure they paid for the repairs?  Don't let a sub place a lein on your 
house if the deal falls through.  

To me it sounds like you need to do one of 2 things:

1)  Pay a good attorney to look at what is transpiring according to the laws 
in your state.  It'll be worth the $$$

or

2)  Back out of the deal and relist your house for $10-20K more.  It sounds 
like you haven't had a problem getting decent offers.  I'd go for the original 
$279K.  



Trip