However how hard it might sound, not all home selling deals close as expected. In some cases, the sellers cancel the contracts, and in other instances, the buyers willingly walk away. That explains why selling a house is not as simple as compared to most of other selling processes.
There are so many reasons that can lead to the falling through of a house selling process. Buyers are however legally allowed to back out before the house buying deal closes, under certain circumstances. This might occur if the seller fails to comply with the conditions contained in the contract. The other reason that might push a buyer to back out is when they have found another deal that is much better – but they would still need a LEGAL reason to get out of the contract.
real estate deal goes bad