After home inspection, can I cancel my contract and keep my depositI am in new jersey and my contract says "in the event parties can not agree on any repair issue, buyer has right to cancel the contract" We put down 18k as deposit.....Inspector found mold on the wall in the furnace room and many other issues. Seller only agrees to remove the mold and did not mention whether they are going to hire professionals or do it herself (we ask seller to hire a certified contractor to remove). And also, seller only offer $500 credit (which is obviously not enough).Our attorney told us we can not get our deposit back unless seller agrees to cancel the contract..... But to my understanding, we can cancel the contract by home inspection contingency..... My question is can we walk away and get our deposit back June 13 2014 - Princeton Township11YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.