He finally persuades them to sign a waiver of the inspection contingency after getting the sellers to verbally agree to pay for a few more repair items. Just before the end of the inspection period, the Haus-Hunters are still concerned and call Art to tell him that they still want to back out. Art tells them that they are going to owe him his commission one way or the other and might as well go through with the deal. This is the only such entry. Cowed and somewhat overwhelmed by these events and the pace at which things have unfolded, the Haus-Hunters allow the inspection period to lapse without invoking the contingency and sign escrow instructions which provide, among other things, for funds to be left in escrow by the seller after close of escrow in order to fund the work that the sellers have agreed to perform.
Documents are signed, a loan is funded and the deal records.
A standard coverage owners title insurance policy is issued to the Haus-Hunters. Three days later, Art talks the escrow agent into giving him the money left in escrow by the sellers to perform their share of the repair work. It is never seen again. Further investigation reveals that the crack runs up the foundation and wall behind a moveable bookcase. Advise them as fully as you can in the time allotted about their rights, remedies, risks, claims and obstacles.