I purchased a home in Mahtomedi, MN. The seller did not include 5 items on the disclosure statement, that are line items on the disclosure statement - in effect, denying any issue exists. In each of the five issues, there is clear knowledge by the seller that the problems existed. He signed an arbitration agreement but is not willing to offer a compromise solution to the offer I sent him. He only sites that they had the home pre-inspected. I toldhim that does not offer a veil of immunity, only an impartial opinion. Again citing that it is in knowledge and disclosure that we are talking about. Is there an opportunity to compell him to come to resolution,as in if he does not choose to act in good faith to come up with a compromise, I can claim a breach in the arbitration agreement and take him to court? I would like to know what my options are regarding the outcome and what we would be able to go after him for - loss of equity etc...

Optional Information:
Mahtomedi, Minnesota

Already Tried:
I have offered a detailed list of the five issues, estimates for their repair and an offer of 75% of the total value of the issues, as a incentive for him to compromise out of additional proceedings. We are talking ab out $10,000 in damages, but triple that if we are talking about lost equity since we will have to disclose all of these issues when we go to sell.