Can a buyer back out of a signed real estate contract in Alpharetta?

Georgia real estate contracts, including those used in Alpharetta, typically include contingencies for financing, inspection and appraisal that give a buyer a defined way to exit the deal under specific conditions. Backing out for a reason outside those contingencies risks the buyer's earnest money deposit, since the seller may be entitled to keep it as damages. Joel Boss reviews contract contingencies with buyers before they sign so they understand exactly what circumstances allow a clean exit from an Alpharetta contract.