A buyer says he paid for a home inspection and his attorney shared the results with the seller's lawyer. The buyer can no longer afford to buy the home and wants to be reimbursed for the home inspection. He paid for the home inspection as part of his due diligence and the next potential buyer will likely want to hire new inspectors.
Mortgage requirements have become stricter for first time home buyers. Lenders have tightened credit requirements for first time home buyers, making it more difficult to qualify for a mortgage loan. To qualify for a mortgage loan, first time home buyers need a credit score of at least 660 unless they try for an FHA loan.
When you give someone a share of your property's ownership using a quit claim deed it is irreversible. Even if you change your mind later, the quit claim deed remains in effect. To sort out a situation like this about a quit claim deed you should contact a real estate attorney.
As with any industry, the professionals who work in real estate are both good and bad. And each customer's experience will differ depending on the real estate agent or broker he or she uses. Each real estate agent or broker will also have different expectations and boundaries with their clients.
