In a real estate purchase agreement you are protected by a number of contingencies.  Some contingencies are investigative contingencies that provide you with a way to cancel a contract if there is something about a property that you can not accept. There is also an appraisal contingency and a loan contingency.  Be sure that you are familiar with these contingencies and what effect they have when you release them. When you release all of your contingencies you are basically giving up your right to cancel the contract. Be sure that you understand the contingencies and the timeframes in the contract when they must be released.