When does the cooling off period run out?

The cooling off period runs out three clear business days after the purchaser signs the Contract. So if you sign on a Saturday, you have until the close of business the following Wednesday to pull out of the Contract. It is very important that you advise the vendor’s solicitor or the real estate agent in writing that you are pulling out.
Also be aware that properties bought at auction do not have a cooling off period and the vendor does not get to cool off.