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Updated about 5 years ago on . Most recent reply

James O.'s profile image
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James O.
  • Real Estate Agent
  • from Chicago, IL
  • Member since Oct 13, 2016
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James O.'s profile image
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James O.
  • Real Estate Agent
  • from Chicago, IL
  • Member since Oct 13, 2016
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James O.
  • Real Estate Agent
  • Chicago, IL
11
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Buying & Selling Real Estate

When can I back out of a deal?

James O.
  • Real Estate Agent
  • Chicago, IL
Posted

Hi BP members,

I am currently in contract with a property. I already had inspections and had the seller make some repairs to be acceptable. With less than 10 days to closing, I just realized that the master bedroom is barely over 100 sqft. The other two are 99 sqft and 77 sqft. Those seem TINY. Is it possible to back out of a deal because of this?

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Russell Brazil
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Russell Brazil's profile image
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Russell Brazil
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Russell Brazil
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  • Washington, D.C.
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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
ModeratorReplied

Your job title says real estate agent. Presumably you should understand the contract you wrote up. 

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