Based on your financial expertise, provide your response or viewpoint on the given financial question or topic. The response format is open.

Buying a home - brokerage fee
Every situation is possible, it depends on what the contract states. According to Nolo:  Your ability to withdraw from a home purchase depends on two things: 1) the exact point at which you are "in contract" to buy the house,   and  2) after you're in contract, what the contract says about terminating   the transaction. Therefore, you need to be 100% ready for anything to happen. After you sign the contract, it is binding and you must adhere to what the contract states. Buying a home is a big purchase - arguably the biggest of your life - you need to be comfortable with every aspect of this experience.