Real Estate Law
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Hi and welcome to JA. Ray here to help you tonight.
You may want to argue that they breached the contract by trying to amend it with a corrected disclosure.I agree with you that this argument holds water that seller breached and buyer has right to terminate based on breach.You may want to have local lawyer sending termination letter on this basis.You have great facts that they attempted to deceive you and then tried to correct it all.You would have lawyer send your demand letter for the $10 k and sue here if you have too.
It is important to have the lawyer point out the seller's breach of contract and that but for sellers breach here---the false statement you would not have bought it.It amounts to fraudulent inducement.
The cancellation letter here demanding refund based on the material misrepresentations in the sales contract here would be your next step and then sue if you have too .
I appreciate the chance to help you tonight.
You can have lawyer here locally terminate the contract based on the sellers breach of contract based on material nondisclosure in the sales contract..lawyer referral
You have great facts to terminate the contract based on seller.