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During the period to waive conditions can a buyer back out of sales agreement with a new home builder for ANY reason?

Wife and I are contemplating signing a sales agreement/purchase contract to build a home through a new home builder.

The agreement explicitly lists 1 condition, that I am copy/pasting here

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THIS AGREEMENT IS SUBJECT TO THE FOLLOWING CONDITIONS and the parties agree that the *builder* may cancel this Agreement if, on or before the dates respectively noted for the fulfillment or waiver of each such condition, the Builder has not been notified in writing signed by the purchasers of such fulfillment or waiver:

Subject to purchasers providing a bank statement showing availability of down payment funds on or before Sept 9, 2023

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While it is unlikely that we will change our mind about moving forward with this purchase, my question is, do we (the buyers) have until Sept 09 to back out of this purchase contract regardless of the reason and even once this agreement is signed?

Excuse the newb question as this is our first time purchasing from a builder and the part in this clause that states that the *builder may cancel this agreement* makes me feel uncertain if we as the buyers are also within our rights to cancel or walk away from this agreement or not?

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submitted by /u/garysn53
[link] [comments]

source https://www.reddit.com/r/RealEstate/comments/164b1ky/during_the_period_to_waive_conditions_can_a_buyer/
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