In today\'s real estate faq\'s video you\'ll learn about buying a house and knowing when to walk away! Of course, you should absolutely be committed to following through and committed to the house you write an offer on. That being said, sometimes things pop up unexpectedly with a house during the closing process. (i.e. home inspection, low appraisal, etc...) So a great question to answer beforehand is how to know when to walk away from buying a house. Know when to walk from a house negotiation now will actually help you look a bit closer at the homes you like best are considering making an offer on. By knowing what to look for and questions to consider prior to making an offer you\'ll be able to know the answer to the question, \"can you get out of a home purchase agreement.\" Again, I\'ll stress the importance of being committed to the offer and not looking for ways to get out of purchase agreement simply because someone becomes wishy washy. In many of the videos I\'ve made for buyers from how to make an offer to what is escrow, etc... I share it IS NOT prudent to remove contingencies when buying a home. (i.e. home inspection, appraisal, financing, etc...) Here\'s why... What happens if you need the inspection contingency walk away clause to get out of the contract if the home inspection uncovers nightmarish issues with the roof, foundation, or other major issues. We\'re not talking about the obvious little things which normally comprises the majority of a home inspection report like: crack in stucco, needs paint, socket not working, leaky faucet, etc... All of that stuff is simply normal home maintenance issues and doesn\'t cost a lot to fix. We\'re talking when something really isn\'t right and you may not be able to fix it even if you wanted to after closing. Know when to walk away from a house after inspection will save you much drama later on in the closing process. We\'re also talking about a low appraisal situation when you may want to come to the price or meet in the middle but simply may not have the financial wherewithal to do so if the seller either does not have the range to sell for the appraised value or is foolishly greedy and doesn\'t budge off the price. Then what? Both cases highlight the importance of having an appraisal contingency in place. To get the most of this video, watch it start to finish and share your questions & comments, about when to walk a way from a home purchase with our community below. Thank you. To get honest information the next time you\'re buying a home or selling a house contact a great local trusted real estate advisor. If you want help finding one of the best real estate agents in the nation, a CRS please let me know. I\'m here to help! If you want to know more about Las Vegas real estate, please let me know. I\'m happy to help! Thank you for watching! =) Enjoy an amazing day! -Your Real Estate Geek, Andrew Finney Contact info: Andrew Finney USMC Combat Veteran/ Real Estate Consultant License #S.0173260 Call/ Text: 702-710-0287 Email: Andrew@AndrewFinneyTeam.com https://www.andrewfinneyteam.com/ BHHS, Nevada Properties 7475 W. Sahara Ave. Suite 100 Las Vegas, NV 89117 Designations- Certified Residential Specialist (CRS) Accredited Buyer\'s Representative (ABR) Sellers Representative Specialist (SRS) Certifications- Military Relocation Professional (MRP) Awesome Music Courtesy of: Song: Syn Cole - Feel Good [NCS Release] Music provided by NoCopyRightSounds. Video Link: https://www.youtube.com/watch?v=q1ULJ92aldE Download this track for FREE: http://bit.ly/SynColeFeelGoodDL