The VLS brokers are sales agents not a real estate broker. The VLS contracts are written so there is no way of backing out. The inspection period is not defined in a VLS contract as the case with an MLS contract. Meaning if you don't like the findings of the inspection, you can't withdraw your offer as the case with MLS contracts. Any issues that are found in the inspection have to be fixed by the seller up to 1.5% of the purchase price. So, I would highly recommend you read the VLS contract in detail and add any contingencies to protect yourself.
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