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can you back out of a purchase agreement once both parties have signed it well Im gonna answer that question for you today so stay tuned [Music] hey everybody David Calhoun with Keller Williams Im a realtor here in the Twin Cities and Im answering the question today it can i back out of a purchase agreement once both parties buyer and seller have signed it and agreed to all the terms I wanted to preface this video by saying I am NOT an attorney so this is not intended for legal advice so if you feel you need legal advice certainly docHub out to a qualified real estate attorney but I want to answer the question because it seems to come up now with Cova 19 and the coronavirus that buyers are getting cold feet and trying to back out of their contract so can you back out of a contract as a buyer well it kind of depends on where youre at the transaction so a lot of purchase agreements will all purchase agreements are have built in contingencies in the contract to protect you as a buyer s
