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Can I back out of buying a house after the inspection?
Short answer
Usually, if your contract has an inspection contingency and you cancel in writing before its deadline.
See every step in 1 minuteCan you back out after the home inspection?
People also ask
Do I have to give a reason to cancel under the inspection contingency?›Can the seller keep my earnest money?›What is an inspection contingency?›Will I lose my earnest money if I back out?›How long is the inspection period?›What can I ask for after a home inspection?›What if the seller refuses to make repairs?›
Official sources
- CFPB: buying a houseconsumerfinance.gov
- HUD: buying a homehud.gov