Can I cancel an offer that has inspection contingencies for something minor on inspection? We made an offer on a house quickly to try to beat competition because we are desperate and have a baby on the way. Now that we are looking over the layout of the house again, I genuinely hate the use of space in the house. There isn’t a single room out of 3 that would fit our bed and walking space on both sides. The idea of having a bassinet next to my bed is a pipe dream. The two upstairs bedrooms have angled ceilings and my husband and I are tall so if we try to squeeze into one of them we will be smacking our heads every day.
We put in inspection contingencies and the house was built over 100 years ago. I feel pretty confident something will come up in inspection next week, but my question is if it’s extremely minor, can I still back out of this offer? I’m not worried that I’m overpaying at this point and don’t care to nickel and dime them down, I’m worried that the house isn’t functionally livable for us and I couldn’t see that without any furniture when I viewed it. Please don’t hate on me for jumping in too soon, we are fthb desperate to get into something we can afford before the baby arrives so we got ahead of ourselves.
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source https://www.reddit.com/r/RealEstate/comments/195n1bd/can_i_back_out_for_any_minor_thing_with/
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