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4 answers

Only if what you signed allows for backing out due to an unsatisfactory inspection. You shoud have had an attorney look over the documents before you signed them. Realtors are good at getting buyers to sign the offer without benefit of counsel; they now put all the oppressive stuff **** in the offer, certainly never telling the offeror that the Offer to Purchase can be as binding as a formal Purchase and Sale Agreement, in many places. Massachusetts, for one

****Like relieving the broker and seller of liability for any defects in the premises because the buyer had a right of inspection and cancellation. The trouble is that even the ideal inspection may not find certain defects if they only happen at certain times. e.g. problems that occur only in high winds, or rain, or storms, or overhead aircraft , or other nuisances, if the realtor knew about them and said nothing. You NEVER want to give up your right to sue in advance of having all the facts.

2006-06-23 03:57:11 · answer #1 · answered by dderat 4 · 1 0

Most make it so the sale is contingent upon a satisfactory inspection. You have to check with your attorney or Realtor.

2006-06-23 09:17:06 · answer #2 · answered by KathyS 7 · 0 0

It all depends on if you put in the offer that it is contingent upon a satisfactory inspection.

2006-06-23 09:18:29 · answer #3 · answered by Loo 3 · 0 0

not necessarily you should have an inspection before the bid. check with the contract you signed on the bid.

2006-06-23 09:17:44 · answer #4 · answered by benny619 3 · 0 0

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