California residential purchase agreement 2017 pdfCalifornia Residential Purchase Agreement • June 10th, 2023
Contract Type FiledJune 10th, 2023Can a home seller back out of a contract to sell their property? The short answer is yes – under certain circumstances. In fact, it’s not uncommon for homeowners to get cold feet and want out of a real estate contract. However, the choice to back out of a purchase agreement may come with added expense and potential legal consequences. Sellers who want out of an existing real estate contract are advised to do their homework up-front and recognize that time is of the essence if they wish to save on steep legal fees. As the home buyer in this stressful situation, there are steps you’re able to take to make the offer more enticing which may help reduce the chances of the seller backing out. It’s not uncommon for many homeowners who are privy to a real estate contract to wonder if a seller will back out of a purchase agreement. For example, some property owners may wish to backtrack for sentimental reasons. Others may sign a real estate contract only to determine in short order that deal te