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Laura Karambelas

"Downers Grove & Oak Brook Specialist"
Current:
Previous:
Realtor Associate for Baird & Warner March 2008—present
Sales Assistant for Drexel Burnham, Kemper Securities April 1985—February 1992
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Specialties:
-Marketing Specialist
-1st Time Home Buyer
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Certifications
& Awards:
Relocation Certified
RCC (Residential Construction Certified)
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About:
I have been a licensed Illinois Realtor since 1996. I specialize in the buying and selling of Residential Real Estate. I work in the West & Northwest ... show more
Testimonials:
"“Laura is very knowledgably of the industry, dependable and resourceful. She understands what it takes to produce a positive outcome and is creative ... show more

can a buyer back out of a signed cotract to buy?

Laura Karambelas answered:
The answer is YES. In the Chicagoland area our common contingencies are: financing, inspection, attorney review, home sale and home close. If contract specifications weren't met or inspection issues weren't resolved a buyer can back out of a contract.

We use attorneys in our transactions and since this is a legal question I would recommend that you give your real estate attorney a call to find out why the buyer backed out.

Good Luck! - Wed Oct 21 2009, 04:31

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