What would we be responsible for?

Question

ok, so i agreed to a contract for deed, with a clause that says if at any point during the contract i wish to get out of it, then i will repair the house and replace to livable conditions.

ok, i have no problem replacing the carpets or repainting the rooms all white.

yet there were problems with the house that were not disclosed to us by the previous owners and that upon inspection (i'm curious if he was a friend of theirs just keeping his mouth shut) that were not brought to our attention, are we responsible for those too? or just returning the home to the condition in which we bought it?

Answer 1

Well hun, Im sorry to say this but, this will be one of life's great lessons.

The term "livable Condition" refers to any and ALL issues in the house that is considered a necessity. AC/Heat, structural damage, animal waste in the carpet, things that could pose a threat. Now, heres the lesson part: during an inspection, the inspector is a buyers best friend and a sellers worst nightmare. For no reason should the inspector be chosen by anyone but you. Period! You might be able to fight the inspector but you would have to prove that the conditions were missed in the report which will be next to impossible. And you might spend more money in legal fees than you would fixing the house. If you can prove it you might be able to get out of the contract with the house in its "original" condition.   (original is a little hint for you for next time)

Answer 2

Unless you paid for a professional inspection (YOU get to choose that inspector), you have no way of showing in what condition the house was when you opted to purchase. It will be their word against yours.