This excerpt taken from the PCG 10-K filed Feb 24, 2009.
inaccessible areas, funds will be withheld in the event that repairs are required.
You may order the work done at your expense and submit the re inspection reports directly to the home purchase firm. Re inspection reports are required before final equity can be released.
Twice the amount of the estimate, except for termite repairs, will be withheld for he cost of repairs not completed prior to you vacating your home. Any refund will be forwarded to you with a revised closing statement after the work has been completed.
All repairs to correct any local code violations as well as damage, dry rot, etc., must be completed prior to you vacating your home. Permits required by the local government agencies must be on file.
Disclosure laws mandate PG&E and the home purchase firm to provide copies of all reports to potential buyers. The cost of repairs is not disclosed.
Employees are responsible for making