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Tribune News Service
Tribune News Service
Business
Gary M. Singer

Real estate Q&A: How can we get an extension on inspection period set in sale contract?

Q: We are under contract to buy a home. We are trying to set up the inspection during the time the contract allows, but the seller did not allow access until the last minute. Now we are up against the deadline, and the seller is not responding to our requests for an extension for the problem they caused. What can we do? — Sharon

A: Almost every real estate contract states, “time is of the essence.” This clause means that the dates and deadlines must be strictly followed, with no excuse or reason for a delay, unless that reason is specifically allowed in the written agreement.

While it is frustrating that your seller is pushing you past the deadline, that fact will not automatically extend your inspection period.

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