We purchased a condo two weeks ago. We do not have an real estate agent and we end up dealing with the seller's real estate agent directly.
We're told by the seller agent that there are multiple bidders bidding at the same time. We're under the impression that in order to have a shot at the condo we have to waive the following condition.
Which is we can choose to withdrawal the offer after lawyer viewing of the status certificate.
We were hesitate to waive the conditions but the agent says condos are usually fine and he said he checked with the seller and there is nothing to worry about.
After we win the bid our real estate lawyer examined the status certificate and says there's something called Kitec plumbing in the status certificate, which usually costs condo owners 20k to fix this issue.
We're wondering if there's something that I can do from my side? If the seller do not agree to lower the price for 20k is there something that I can do? Thanks.