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If you are having second thoughts after getting your offer accepted and opening escrow, you can cancel your purchase for almost any reason during the inspection due diligence period. The Residential Purchase Agreement protects buyers, allowing them to back out and keep their deposit. Even if you find something you are unwilling to accept, or your situation changes, you can cancel escrow within the due diligence period without losing your deposit. It is a common occurrence, and buyers should not worry about losing their deposit if they change their mind during this time.
