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Reply to "How much money do I lose if I make an offer but pull out after inspection?"
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[quote=Anonymous]I made an offer with an inspection contingency and then backed out because the inspection brought up some really serious issues that I thought were unfixable or would at least be horrendously expensive. The house was already priced high, so I was concerned it would be a money pit that I would regret buying. The only money I lost was the inspection fee, about $450. Best $450 I ever spent. I felt horribly guilty for backing out, but luckily they sold it to another interested party almost as soon as I backed out, for about $10K less. i guess their inspection didn't scare them so much.[/quote]
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