Can a buyer back out of a signed real estate contract in North Charleston?

A buyer can back out of a signed contract on a North Charleston home when a contingency in the contract, such as inspection, financing, or appraisal, gives them that right within its specific deadline. Backing out outside those protections can put the earnest money deposit at risk depending on the contract's default terms. Brian and the closing attorney review the specific contract language before advising either side on a dispute.