Found 2 blog entries tagged as seller.

Who Should Come to a Home Inspection?

It is generally a good idea for the buyer to attend the home inspection. It is a great opportunity for the buyer to get a better understanding of the property and to identify any potential issues that may need to be addressed. In B.C., it's generally a buyer-beware scenario when buying a property. 

If the buyer is unable to attend the inspection, it is still important for them to have a representative present, such as a real estate agent or a trusted friend or family member. It is important for someone to be present at the inspection to ask questions and take notes on the condition of the home. 

It is also a good idea for the seller's agent to attend the inspection so that they can be aware of any issues that…

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Can the Seller Back Out of the Sale?

It is generally possible for a seller to back out of a real estate sale, but whether they are able to do so will depend on the specific circumstances of the sale and the terms of the contract that was signed.

If the seller wants to back out of the sale before the contract has been completed, they may be able to do so by negotiating a release with the buyer or by paying a penalty, such as a termination fee. The terms of the release or termination fee will depend on the terms of the contract and any applicable laws.

If the seller wants to back out of the sale after the contract has been completed, they may be in breach of contract and could face legal consequences, such as being required to pay damages to…

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