My question involves real estate located in the State of: North Carolina
To summarize, we signed a contract to buy a mobile home for a total of X for monthly payments of X amount. Basically, a rent-to-own contract even though the contract does not state that we are renting to own it, it only states that we are going to pay payments up until we own it. The owner, through email stated that the only repairs the home needed were the bath tub in the master bedroom to be hooked up and the plumbing was already intact and ready. Also, the house needed trim on the inside.
After signing and getting a contractor and plumber to inspect it we were told that the bathroom needed a complete reconstruction because everything was done improperly and it was all unsafe. The walls were all done with the incorrect size drywall so the walls did not meet correctly. The home also turned out to be infested with fleas and ticks. Before you say it, I know we should've gotten a professional inspection before signing but obviously we know that now and shouldn't have taken their word for it.
We decided to get out and stay with family, our dog was getting sick from all the bugs and with a baby on the way in a month.. there'd be no way we could afford the repairs to make it a safe place for our child. Now they want to sue us for breaking contract. What will happen if they do win? Will we be forced to abide by the contract and buy the property? Will they get the money and still get to keep the property? We technically still have 8 days to pay the down payment as stated in the contract but they've already changed the locks and reclaimed ownership, does that mean they broke the contract?
Sorry for the length, I tried to summarize.