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Diana Margala
"A Real Difference in Real Estate"
- 40 Helpful Answers
- 207 Answers
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While buying and selling real estate can be a fun, exciting and rewarding experience, it is important to develop a broad knowledge of the real estate market
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Diana Margala answered:
Hi Jane:
As all of the agents have stated you are within your rights to cancel without any penalties as long as you have not removed your contingencies, if you have removed your contingencies then there could be consequences., it's all in your contract. Check with your agent! Your agent can do your cancelation instructions or you can contact your escrow company and they can also write up cancelation instructions. If you have removed your contingencies they you can still cancel, however the seller might be entitled to your good faith deposit or up to 3% of the purchase price. The terms are all in your contract.
Good Luck!
Diana 909-945-5763
As all of the agents have stated you are within your rights to cancel without any penalties as long as you have not removed your contingencies, if you have removed your contingencies then there could be consequences., it's all in your contract. Check with your agent! Your agent can do your cancelation instructions or you can contact your escrow company and they can also write up cancelation instructions. If you have removed your contingencies they you can still cancel, however the seller might be entitled to your good faith deposit or up to 3% of the purchase price. The terms are all in your contract.
Good Luck!
Diana 909-945-5763
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