Buying A Home
zoieglow
member
Dear Community,
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
Backing out of buying
We are having second thoughts. We have $5,000 in escrow and are supposed to do the inspection of the property were are under contract with on Monday night. The contract stated that the sellers would do no repairs. We don't want to lose the money in escrow but for various reasons we had a change of heart. Is there any way to back out without losing our money? We feel really awful about it.
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Re: Backing out of buying
BFP #3 2.15.11 EDD 10.27.11. DD born 10.29.11
Betas @9dpo = 23 Betas @12dpo= 128.5 Betas @17dpo= 1075 Betas @21dpo =5800s
@6w hb 114 bpm! @8w4d hb 178 bpm! @12w hb 169 bpm! @18w hb 150 bpm!
It may be early enough in the process to back out but do it NOW not later. You may not get all your escrow back but hopefully they will not keep entire $5000. Really depends on how your contract is written. Do you have contingencies that give you an out? Suggest you call your agent ASAP so she can let sellers know.
Are your reasons for backing out valid or cold feet? Definitely think things through a lot more carefully before you place another offer on a home so you don't run into this issue again.
Ask your attorney and/or your lawyer.
We were told that in our state (New Jersey), we could walk away without financial penalty if we did it before the final papers were submitted.