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How to back-out of a Real Estate contract?

Can you back out of a contract to buy a house even after you put your offer in writing? Watch this video to learn how to protect yourself while making offers no matter what the market is like. While going through the process to buy a home, it is important to understand the conditions that would give you the right to terminate the contract without losing your earnest money deposit in the Philadelphia metro area. In this video, I cover the top 3 contingencies where I advise my clients to read the fine print before signing an offer.

[1:00] Overview of buyer contingencies in PA
[2:45] Inspection contingency
[3:45] Mortgage contingency
[5:55] Appraisal contingency
[6:47] Contingency timelines
[8:53] Seller obligations

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