Avoid disputes with a seller by retaining a buyer's agent
Avoid disputes with a seller by retaining a buyer's agent: "On a recent flight from Washington, D.C., to Denver, my seatmate was an attorney specializing in dispute mediation. Without revealing any confidential information, he told me about a mediation involving home buyers who backed out of a home purchase. The mediation dispute was over the refund of the buyer's good-faith deposit.
The seller ordered the customary local inspections, including a pest-control termite inspection, which wasn't entirely clear. The buyers decided to cancel their purchase, but the seller thought that was an over-reaction and refused to refund the buyers' substantial deposit. "
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