Can a Seller Cancel a Real Estate Contract in New Mexico?

This question is about New Mexico Real Estate Purchase Agreement

Can a Seller Cancel a Real Estate Contract in New Mexico?

In New Mexico, a seller can get out of a real estate contract if the buyer’s contingencies are not met—these include financial, appraisal, inspection, insurance, or home sale contingencies agreed to in the contract. Sellers might have additional exit opportunities with unique situations also such as an estate sale.

The information for this answer was found on our New Mexico Real Estate Purchase Agreement answers.