Loss of brake pedal: This condition is usually a result of brake fluid leakage due to failure of a brake hose or a rusted metal brake line, a worn wheel cylinder or brake caliper, or a worn master cylinder. A simple once over of the system will reveal what's going on.
If you have questions about a specific purchase, it would be best to speak to an attorney who could inform you of your legal options. While there are laws that allow for a 3-day right to cancel certain purchases, these laws are very specific and do not apply in a majority of consumer purchases.
NE OH printed contacts used by Realtors do not give you a grace period to change your mind. You didn't mention a Realtor, so I assume you did not have a Buyer's Agent to assist you. If you bought directly from the Seller (FSBO), an AttorneyÃ¢â¬â¢s contract would not have a grace period to change your mind. You did not mention what prompted you to change your mind. If you have a compelling reason for cancelling your contact, that can help a lot.