If the inspector finds something – like foundation issues, septic problems, or needed roof repairs – you have the “option” to back out of buying the home. Anytime after – or outside – of option period

If the inspector finds something – like foundation issues, septic problems, or needed roof repairs – you have the “option” to back out of buying the home.

Anytime after – or outside – of option period, you cannot back out of the contract. If you do, you will lose your earnest money – which can be thousands of dollars.

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