This is a sample Real Estate Purchase Agreement. If you buy a home without an agent, you'll have to negotiate and decide how much to offer on your own. The form may be customized to suit your needs.
Absolutely! Common ones include financing, inspection, and appraisal contingencies, which can give you an out if things don’t pan out.
If the seller goes back on their word, you might be able to seek legal remedies like specific performance, which means making them go through with the sale.
Backing out isn't as easy as pie, but there are contingencies that might allow you to do so—like if your financing falls through.