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Can You Back Out of Buying a House?

Can you, as a buyer, back out of buying a house after getting the offer accepted? The answer is yes, however there are contingencies put in place to protect you if someone did need to back out. Your offer, inspections, and deposit will determine how much money you may or may not loose if you decide to back out. It’s important to talk to your realtor in depth when making an offer so you understand all your options.


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