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hooray you got your offer accepted you opened escrow you did your inspections and now you want to cancel what should you do well here's my two cents [Music] all right so believe it or not this happens pretty often but the good news is the residential purchase agreement really does protect the buyer to back out for almost any reason within their inspection due diligence so if you get under contract and you do your inspections and you find something that you're not even willing to take a credit on you don't care if the seller fixes it you got cold feet you changed your mind you lost your job i don't know something happened that makes you want to change your mind you can get out and you can keep your deposit so many buyers have said to me oh my gosh i don't want the seller to keep my deposit i want to cancel escrow well guess what if you want to cancel escrow and you're within your due diligence period let's just say you had a 15 day inspection period and within that 15 days you decide t...