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backing out of a contract


Michael, thanks for the advice...yes the seller signed but it was on one of the offer my brother had brother didnt give any deposit yet...

backing out of a contract

my brother signed a contract for a home but is having concerns about appraisal on the house as he is assuming it will be less than expected. The seller had a no-contingency clause, but my brother didnt put any deposit money yet. So can he backout of the deal or are there any repurcussions. Thanks