3 Ways a Buyer Can Back Out of a Contract

There are 13 ways that a buyer can legally walk away from a contract, and it behooves both buyers and sellers to know what those are. Why both? Well even though it’s a seller’s market, it doesn’t mean the buyer doesn’t still have control over their portion of a transaction. A buyer needs to be able to walk away if the home or the terms of the contract aren’t right for them. On the other hand, a seller needs to know the routes out of a contract as well so that they can make sure that their side of the transaction is contractually spotless. To learn three of the most common ways to legally exit a real estate contract, watch my latest video.