Sometimes it becomes necessary for the buyer or seller to cancel a real estate contract. Depending on the stage of negotiations, this can be a mildly difficult task, or a more serious matter which triggers significant penalties for the party cancelling.
In my latest article, I discuss circumstances which may lead to canceling a real estate purchase contract, and the possible consequences for doing so. Before you enter into a contract, it’s important to understand what may happen if things don’t go as planned. So click here to read How to Cancel a Real Estate Contract.