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If you've had your offer accepted, opened escrow, and completed inspections but wish to cancel, you're typically protected. The residential purchase agreement allows buyers to back out for almost any reason during the inspection due diligence period. This includes discovering issues you're unwilling to accept or personal circumstances like job loss. Many buyers worry about losing their deposit, but as long as you're within the due diligence period—such as a typical 15-day inspection—you can cancel escrow and retain your deposit. Remember, it's common for buyers to change their minds during this process.
