From: "Kendall P. Bullen" 
Newsgroups: misc.consumers.house
Mail-Copies-To: nobody
Subject: Re: Inspection Period. What Inspection Period?
Date: Wed, 11 May 2005 11:16:28 -0400

In article <1115775739.786793.270640@g49g2000cwa.googlegroups.com>,
 "tdirodis"  wrote:

> The only thing I've signed to date is a counter-offer where the an
> entry exists that say "ernest deposit to become non-refundable after
> inspection period and all contingencies are removed,

The inspection period *sounds* like the ten days you had to get the 
inspection done, which you did.

IANAL, but the key phrase is clearly, "and all contingencies are 
removed."  The inspection contingency isn't removed till you and the 
seller sign something saying it's removed.  We signed something that 
said the seller would give us a $500 credit at closing and the 
inspection contingency was removed.

> Since (according to my realtor), the second I deliver the
> inspection report with my requests to the seller my deposit is lost

Your realtor is on crack, since the phrase you quote clearly states "and 
all contingencies are removed"...and they're NOT removed until you & the 
seller say they are.

IMHO, as a non-lawyer, but this sounds similar to what I signed and 
that's how mine worked....

Kendall

-- 
Kendall P. Bullen                         http://www.his.com/~kendall/
                                          kendall@---^^^^^^^

Never e-mail me copies of Usenet postings, please.
I do read the groups to which I post!