Thursday, September 16, 2010

Escrow Problem. HELP!?

I'm about 2 weeks from closing escrow. All the paperwork is done except for final 5 day walk through.



I discoverd MAJOR counter-top damage that was hidden (hard to explain). Now MY agent is telling me there is nothing I can do. That I don't want to reopen the contract because there is a second offer pending if we back out.



But, I agreed to buy a house with a kitchen counter at a certain price. Now I will have to totally pull it out and redo it. How can I pay the same price for a house with a counter when I've discovered it's essentially a house without a counter. What happened to disclosure etc? My real estate agent is saying, ';Since the owner used this as an investment property and never lived in it, she's not responsible to disclose this counter damage because she was unaware of it.';



I feel like I'm really getting screwed. ANY SUGGESTIONS? ADVICE? LEGAL AVENUES? HELP!