How Do I Back Out of This Purchase Contract?

Your financing terms end up terrible; the repairs end up being way more than feasible for this project; you discover they're building 12 new construction freestanding condos right next door; you discover something unsettling about the property history; and, you think to yourself, how do I back out of this purchase contract?!In this episode, you'll learn:The contingencies in a standard contractHow wholesalers' contracts and documents may varyThe typical outs to a contract that you can use as an investor or retail buyerThe potential consequences of backing out The potential consequences of NOT backing out...and I'm sure there's much more. Tune in!GOODIES1. THE book on women flipping houses is here! Click here to grab the digital download of my new book for just $4.99! Just as everything else we do is different, so is FLIPPED: Lessons and Stories of Women Flipping Houses and Facing Their Fears.  2. Sick of sitting on the sideline watching other people do the thing you want to be doing? Are you FINALLY ready to do what it takes to flip your first house and want incredible step-by-step training and support to get you there faster? Click here to see if we may be a fit to work together.3. Follow That Flip! Follow this 8-part video series as we flip a house! 4. Our goal is to inspire 1,000 new women each month and we've been achieving it with help from loyal listeners like you! If you are getting value out of this podcast will you kindly leave us a rating and review and help us spread our message?5. Are you a real estate agent tired of chasing the same potential clients as everyone else? Sick of the roller coaster commission? Get the REI Agent Pro Certification! Click here for info and to join the waitlist.The FlipsistersLeaving people and places better than we find them.