The buyer's agent submitted a 23-page repair request on day 48 of a 60-day close, and the sellers accepted the house as-is three weeks ago.
The case I want the room to think through: a 2.6M flip under contract with a 45-day inspection period and a signed as-is addendum. On day 48, the buyer's agent delivers a formal repair request citing items the buyer's own inspector flagged during the inspection period, including a 14k HVAC zoning deficiency and 38k in what the request calls "deferred exterior maintenance." The as-is addendum in this jurisdiction reads that the buyer accepts the property in its current condition and waives the right to request repairs, but the buyer's agent is arguing the document only waives the right to demand repairs, not the right to ask for a price reduction in lieu of repairs, and that the two are legally distinct. The seller's attorney says the addendum language is airtight. The buyer's attorney says it has a gap. Close is in 12 days. The seller has 340k in carry and holding costs already in the ground, the next showing in the pipeline fell apart two weeks ago, and the buyer is not in default yet because they have not formally terminated, they are just waiting. What I keep turning over is the distinction between a repair request and a credit request under an as-is addendum, because if that gap is real and jurisdiction-specific, the as-is addendum on every luxury flip in that market is softer than sellers think it is. Has anyone had an attorney successfully hold the line on a credit request under as-is language, and did the clause language matter or did it come down to how hard you were willing to push 12 days from close?