You've probably heard of contingencies a buyer can write into their contract that lets them get out/cancel the contract, but what about the seller? Can they back out of a contract once it is ratified? This video tells you how directly and indirectly a seller can get out of a contract.
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▬ Contents of this video ▬▬▬▬▬▬▬▬▬▬
0:00 Can a Seller Back Out?
0:29 Brand Intro
0:39 A buyer can back out with a contingency
0:53 But can a seller back out?
1:20 There are two answers
1:40 Direct
2:45 Indirect
5:07 Can a seller just get out?
5:39 I just saw it happen
8:37 Cancel it? As a seller you may still have to pay your broker
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If you'd like to speak with me about real estate in Washington, DC or Northern Virginia, please reach out at sherri@sherriannegreen.com, text/call me (202) 798-1288 or find my calendar here: https://calendly.com/sherri_anne/consult. I am a licensed REALTOR® at Coldwell Banker Realty in Washington, DC.
Not in DC or Northern Virginia and looking for a great agent and don't know where to start? Let me help! I have an extensive world-wide referral network, and can put you in touch with a great agent who is not only a top agent in their market, but someone that I hand-select just for you.
Sherri Anne Green
Coldwell Banker Realty
1617 14th St NW
WDC 20009
Cell: (202) 798-1288
Brokerage: (202) 387-6180
www.sherriannegreen.com
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