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Updated about 8 years ago,
Contingencies and Earnest Money
Say I find what seems to be a very good deal and I do not have the time to visit before putting in an offer. In this case, once the offer is made and an inspection contingency is established, would I be able to back out and recover my earnest money deposit if the inspection found things that were not explained in the listing? What kind of things have do be found during an inspection to back out?(Does it have to be costly rehab items, such as foundation, mold. Or would a bunch of minor $ repairs qualify as well?)