Return to the Buying and Selling Homes Forum | Post a Follow-Up

 o
Wanting a credit after the sale.

Posted by Desert33 (My Page) on
Fri, Jul 18, 14 at 18:12

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.


Follow-Up Postings:

 o
RE: Wanting a credit after the sale.

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


 o
RE: Wanting a credit after the sale.

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.


 o
RE: Wanting a credit after the sale.

Need more details to be of any help.


 o
RE: Wanting a credit after the sale.

Is this a situation you are in? Or a hypothetical? Or you are just trying to validate something you read on the internet?


 o
RE: Wanting a credit after the sale.

"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


 o
RE: Wanting a credit after the sale.

Disclosure?


 o
RE: Wanting a credit after the sale.

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.


 o
RE: Wanting a credit after the sale.

Details needed, not enough facts here.


 o Post a Follow-Up

Please Note: Only registered members are able to post messages to this forum.

    If you are a member, please log in.

    If you aren't yet a member, join now!


Return to the Buying and Selling Homes Forum

Information about Posting

  • You must be logged in to post a message. Once you are logged in, a posting window will appear at the bottom of the messages. If you are not a member, please register for an account.
  • Posting is a two-step process. Once you have composed your message, you will be taken to the preview page. You will then have a chance to review your post, make changes and upload photos.
  • After posting your message, you may need to refresh the forum page in order to see it.
  • Before posting copyrighted material, please read about Copyright and Fair Use.
  • We have a strict no-advertising policy!
  • If you would like to practice posting or uploading photos, please visit our Test forum.
  • If you need assistance, please Contact Us and we will be happy to help.


Learn more about in-text links on this page here