Real Estate question. Bank accepted our offer on house. now we don't want it.....we didn't sign contract .... (short sale)
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Was this a short sale or foreclosure purchase? You can pull out of the deal for any reason during the 3 day attorney review period. Weird your agent wrote up an offer and faxed it over without you signing it.....
of course you can, anything before attorney review are finalized is meaningless. If you paid some deposite money might lose that, otherwise just walk away.
As long as you didn't initial or sign the final draft of the contract and you're not out of attorney review you should be able to walk away no problem as there is no legal and binding contract.
I'm surprised the agent didn't make you sign a contract - was it the seller's agent you were working with or did you have a Buyers Agent representing you?
~Joey
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