I'm trying to asses what financial impact this change will have.

Something like this, just off the top of my head....you can probably find some cancellation notices/addendum online.As per the contract dated____, between xxxx and xxx for the property at xxxxxx, I am hereby terminating the contract as per the inspection clause, paragraph xxxxxxx.Both parties hereby agree to terminate the contract, relieving the other party from any further obligation, and the earnest money of $xxxx shall be immediately returned to buyer xxxxx.By:   Buyer xxxxxx____________________________.  

Are there any legal obligations?

Selling may  be his best financial decision at this time.

We read the book in a few days and we were hooked on the idea of financial freedom, the network marketing, not so much.

I buy and sell 3-5 homes in Pittsburgh a month and all the deals we buy are not home runs but in the long run if you are smart and patient you can find a few good deals that will net you a better return plus as I stated remember all the other financial benefits.  

Good mornin' folks,I am currently a financial planner in the DFW area researching the financial needs of real estate professionals.

Unfortunately her being my sister I also know that in august/beginning of september she went on 2 vacations out of state, the state fair, a concert and the county fair...so she is NOT struggling financially she is just putting rent as her LAST priority!

@Alexander Nason  I send clients to:Jeff Pilon, Radius Financial, Norwell. 

Reach out to @Justin Cooper at Pine Financial.