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Re: acceptance of offer



 > From: http://www.accenture.com/~keith.g.fengler
 > Date: Wed, 13 Aug 2003 08:09:32 -0400
 >
 > Robert,
 > 
 > The home inspection, as the buyer, did not render satisfactory results and
 > under #2 of the addendum to my offer to purchase your house I am
 > withdrawing my offer.

Okey-dokey.  See below for other comments.

 > ADDENDUM TO OFFER TO PURCHASE REAL ESTATE
 > 
 > 2.    The Buyer's satisfactory home and pest inspection (including but not
 > limited to lead paint, radon, asbestos, U.F.F.I. investigations) by the
 > date set for the execution of the Purchase and Sale Agreement.  Should the
 > results of said inspection be negative in any way, this Agreement, at the
 > sole option of the Buyer, shall be immediately cancelled and all deposits
 > made hereunder shall be immediately returned to the Buyer.
 > 
 > I truly wanted this to work out but the inspection uncovered several
 > notable issues that I was not previously aware, most notably the
 > construction of the master bedroom addition without a building permit.  The
 > addition would have to be legalized.

I'm not certain of this.  If you still have any interest, you might talk
with a lawyer about this.  (There are certain statutes-of-limitations
regarding this kind of stuff.)

 > In your pervious e-mail you mentioned paying for the inspection yourself.
 > If you would be willing to split the cost of the inspection I would supply
 > you with a copy of the inspection report for your use.

Do you know if he has Errors and Omissions Insurance?

 > Regards,
 > 
 > Keith









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