Can a buyer back out during escrow?

A buyer can back out during escrow only if a contingency allows it—such as inspection, appraisal, or financing. These clauses give buyers a chance to investigate the property and secure their loan without risk. Once contingencies are removed, backing out becomes much harder and may result in the buyer forfeiting their earnest money. A strong, well-written contract protects you from unexpected cancellations.

Arthur Yoon

Vice President

EIT, SRS

Redpoint Realty

4221 Wilshire Blvd #130,
Los Angeles, CA 90010, United States

2138002969