Can a buyer back out of a buying a house before closing? What are some of the potential consequences of breaking a real estate contract? This video covers some of the ways a buyer can legally and ethically end a purchase agreement without losing earnest money, as well as some of the consequences if the buyer backs out after all contingencies have been released. Want to know more about the home buying process? Download my Free Home Buyers Guide here: https://homeiowacity.com/free-home-buyer-guide
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If you want to talk with me about real estate in the greater Iowa City area, feel free to email me at Emily@RightMoveIowa.com or call (319) 594-4455.
I am a Realtor® at Lepic-Kroeger, Realtors, located at 2346 Mormon Trek Blvd., Iowa City, IA 52245. I am licensed to sell real estate in the state of Iowa.