Before deciding to sign any type of agreement, from real estate agreements to the agreement you sign when you purchase that brand new car, you should ask what your options are for canceling. In order to cancel a purchase contract, you need to make sure you examine every detail of the cancellation process outlined in writing on your purchase contract before you sign the agreement. Most agreements
. are binding once you sign them. Hire an attorney if you cannot understand the exceptions for cancelling the agreement. If for any reason you need to cancel your purchase contract due to the fault of the seller, hiring an attorney should be because you are unable to handle the situation on your own. Visit this website for more information: http://homebuying.about.com/od/offersnegotiations/qt/cancelcontract.htm/.