Am I obligated to honor the buyer's request to put the money in escrow for

JRocka

New member
an "as is" home sale? I am currently in the process of selling my home. The contract terms state that I am selling it in an "as is" condition. The contract was signed by both parties but we have not closed on the sale yet. What is holding up the deal is the crazy demands of the buyer/buyer's attorney. They claim that there is an unreported extension on the house. The house was built in the late 40's and I assume the work (if at all) was done sometime pre-1973. I checked with the building dept. and there is no blueprint earlier than 1973. (the original microfilm is unreadable) and no reported violations or actions. I have a 1973 survey that does show the extension. The buyers attorney wants me to pay an architect to do a new blueprint or have me put 10k in escrow for what they claim is an illegal extension. I did have an engineers report that stated the condition of the house and nothing came up structurally wrong. Who is responsible for this? Can I still sell my home? AND Am I obligated to honor the buyer's request to put the money in escrow for an "as is" sale?
 
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