Episode 094: Good Reasons To Cancel Your Real Estate Contract


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Nov 02 2023 10 mins  

Buyers are cancelling escrows lately, but is it a good idea? On this week’s episode we discuss the good reasons to cancel a real estate contract and the impact it will make. Check out the full episode and if you have questions about how to get started with Homeowner Prep, be sure to reach out to us or drop your question in the comments.






// SHOW NOTES


00:00 How Much You Need To Earn To Buy A Home


00:15 Intro


00:37 Welcome To The Homeowner Prep Podcast


00:48 Before We Dive In…


01:08 The Contingency Period


01:48 What Is An Earnest Money Deposit


02:31 Good Reason No. 1: Inspection Issues


04:00 Good Reason No. 2: Appraisal Gap


05:09 Good Reason No. 3: If You No Longer Qualify


07:02 What Happens When You Cancel Your Contract?


08:11 If You Cancel, Can You Still Buy Another Home?


09:16 Getting Started With Homeowner Prep


09:36 Connect With Us On Social Media


10:06 Outro






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// ABOUT HOMEOWNER PREP


Homeowner Prep helps aspiring first time homeowners through real-world advice and accountability. This podcast was created for those who dream of owning their first home - and are willing to do whatever it takes to make their dream a reality!




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#buyingahome #homebuyingadvice #homeownership



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