Wanting a credit after the sale.

Desert33July 18, 2014

A sale went thru on a house in California over 6 months ago now the new buyer wants a credit for the house he bought. Can the new buyer get a credit for a house he already bought. He bought the house AS IS.

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Gretchen Wood

The best person is to talk to a real estate broker or a tax consultant.

    Bookmark   July 18, 2014 at 6:19PM
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If the seller stated explicitly that there were no known defects, and it's obvious that s/he knew. What did the contract say?
A tax consultant is no help here.

    Bookmark   July 18, 2014 at 6:25PM
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Need more details to be of any help.

    Bookmark   July 18, 2014 at 9:01PM
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Is this a situation you are in? Or a hypothetical? Or you are just trying to validate something you read on the internet?

    Bookmark   July 18, 2014 at 10:03PM
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"As is" ,if that was written into the contract, means just that. You are accepting the house as it is. Good or bad. Using my best "Judge Judy" reasoning, who knows what the buyer may have done to the house in a 6 month time frame. So I would say no. They couldn't come back at a later date and get a credit. They can always ask for a credit but the previous owner doesn't have to comply. But it is always a good idea to talk to a lawyer about it. NancyLouise

    Bookmark   July 19, 2014 at 12:42AM
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    Bookmark   July 19, 2014 at 1:56AM
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Sophie Wheeler

Pound sand unless fraud was involved. Which would be extremely difficult to prove without a lot of lawyer time and money spent. Which would be better spent on whatever the issue might be.

    Bookmark   July 19, 2014 at 12:51PM
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Details needed, not enough facts here.

    Bookmark   July 19, 2014 at 12:57PM
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