Buyers may worry that they made a wrong choice, paid too much, or failed to see a major flaw.
Sellers also can have second thoughts.
They may decide they really don't want to move, or that they should have held out for a better price, or that the buyer is too unsavory to inflict upon neighbors. Paul Star Tribune . It is possible to get out of a purchase agreement. But it can be quite unpleasant. The prudent buyer or seller should do enough homework to avoid getting into such a mess.