If your contract was terminated and releases signed, you might be able to write another offer contingent on conventional financing as long as you qualify through the mortgage company.You should not have more than 1 contract at a time on a property.Donna Wisniewski,Champion Realty @email@example.com
The tough part will be getting the listing agent and the seller to understand how you can switch to a Conventional loan at this point -- and you need to find out if that is even feasible for you?
For the FHA appraisal -- were there structural issues that the seller refused to repair? Or was the appraised amount too low? The answers to those questions help to determine whether the seller may consider another contract from you.
The first step is to call your REALTOR (R) and your mortgage person to find out if going to a conventional loan is a possibility for you. Then have your REALTOR (R) call the other agent to discuss a contract.
Good luck to you!
Keller Williams Excellence Realty