Posted by BTI on July 18, 2007 at 07:47:26:
You will need to find some clause in the contract you can use to pull out, and because we don’t have a copy we cannot make suggestions except on speculation.
Did you use a standard Realtors contract for your area, in that case a poster here might be able to help you that is familiar with that contract, I’m not.
Best chance to find a poster from your area is to post again on the main forum on this site.
As for the earnest money, that is what the deposit you make with your contract is usually called, and in a lot of contracts you can back out and only lose your deposit money which is much better than going through with some deals.