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In this video tutorial, realtor David Calhoun addresses the question of whether a buyer can back out of a purchase agreement once both parties have signed it. He emphasizes that he is not a lawyer and advises viewers to seek legal advice if needed. With the current situation of COVID-19 causing buyers to reconsider their decisions, Calhoun explains that the ability to back out of a contract depends on the specific contingencies outlined in the agreement. The video aims to clarify the process for buyers in such situations.
