Maybe. It depends if the reason you want out is stated as a contingency. If you want out, say it now and LOUD. I have never held a buyer in a contract that wanted out. You can still lie and tie it to the inspection contingency, or mess up your money with the lender so you donu2019t get loan approval, another contingency, unless you have already waived this contingency. Be upfront with your agent and tell them you do not want to buy this property . . . period. Worse case scenario, you may lose some or all of your deposit. It is not necessarily automatic to lose a deposit and sometimes, can be a factor to release the deposit in full back to you IF THERE IS ANOTHER BUYER. By not releasing your deposit, or at least negotiating it may or can prevent another buyer from closing the transaction.