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Old 06-03-2005, 03:25 PM
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Join Date: Jun 2005
Posts: 2

family emergency - getting out of a contract


What is the name of your state? LA

I've made an offer on a house that was accepted by the seller who is currently working with a relocation company. The offer was accepted verbally and via e-mail to realtor who forward the message to me. I have received the contract which has additional addendums to the the purchase agreement. I have not seen these addendums before until now.

Due to unexpected circumstances that came up which could very possibly impact my financial state, I am wonder if it's possible to back out of the contract or am I bound to go through with the purchasing process? I have not signed the contract nor have I given a deposit.

Thank you.
  #2  
Old 06-03-2005, 10:14 PM
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Join Date: May 2000
Location: Catatonic State
Posts: 75,781
Quote:
Originally Posted by uptomyneck
What is the name of your state? LA

I've made an offer on a house that was accepted by the seller who is currently working with a relocation company. The offer was accepted verbally and via e-mail to realtor who forward the message to me. I have received the contract which has additional addendums to the the purchase agreement. I have not seen these addendums before until now.

Due to unexpected circumstances that came up which could very possibly impact my financial state, I am wonder if it's possible to back out of the contract or am I bound to go through with the purchasing process? I have not signed the contract nor have I given a deposit.

Thank you.
**A: if you have not signed a contract, then you have no contract.
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