Additionally this agent may not want you to look at too much more stuff because you may come down with a form of "pre-buyer's remorse" so to speak and decide you have changed your mind and don't want to buy the property you have under contract.
I suggest that if the house has way more work than you expected, then back out of the deal. Your contract does have contingency for this right? Then keep looking.
Illegal for them to show you more? Absolutely not.
It's difficult for any agent to give pointed advice without knowing the specifics of your situation. However, in general I would recommend reading your contract very carefully so you know what your responsibilities are as well as the seller's. For example, typical contracts have a home inspection contingency. If you are within the contingency date and something came up in the inspection that you don't like and the sellers will not remedy it, you can terminate the contract and get your security deposit back, plain and simple. If you waived the home inspection contingency or are beyond that or all contingency dates, you may have to walk away from your deposit. To answer your original question, you don't have to close on a property if you don't want to, but depending on the terms of the contract you may or may not lose your deposit.
There are a bunch of good answers provided before my response but there's a few points that I think are worth sharing.
Responses below are by not an intent to interfere with your current relationship with your agent, nor are they solicitations or suggestions that you should work with anyone other than the agent you have an agreement with.
First, you've indicated that you have a Buyer's agent working for you and you have a signed contract to purchase a property. If your agent is a REALTORÂ®, they are required to work with you in an honest and fair manner putting your interests first (reasons to work with REALTORSÂ® are here: http://tinyurl.com/624omlz not all agents are REALTORSÂ®). Your agent should recognize that there is a line that he or she can't cross and that is when you as a Buyer have a legal question which is best answered by the Attorney you intend on working with when you close the property.
Second, depending on what form of contract you agreement is on, there are often provisions and contingencies in your current purchase agreement that allow you to NOT proceed with the closing and for your deposit to be refunded in full if your agreement provided you with inspection rights and you are not happy with the results. There are limited windows of time for you to complete inspections and most agreements require that YOU notify the Seller's of problems found during inspections. If you let such a written notification deadline pass, then the inspection contingency is gone.
Finally, as others have said, looking at other properties is your prerogative and your current agent should support your looking at other properties if that's in your best interest. It may not be in their best interest, but it's your needs and interests that trump all. Having an honest and open discussion with your current agent and attorney should help you come understand what options you have.
Best of luck with your new home purchase.
Greg Hanner, REALTORÂ®, Broker Associate & e-PRO
Garden Realty, Uncasville, CT
Email: Greg@GardenRealty.com Web: http://www.GardenRealty.com
Voice â€“ 860.608.8659 Fax â€“ 860.889.5379
It's not illegal to look at other homes while you're working on resolving this, but it's better for you to know where you stand before you get involved with another property. Sounds to me like your agent is trying to protect you from legal problems, and a minor misunderstanding has gotten blown up out of proportion.
If your agent is confused about the legality, consider getting another agent. Now if they don't want to be bothered, decide how you feel about this and go from there.
Now, before you plan your next home tour make certain you are within the contractual timeframe to get out of that deal. Inspection issues are usually connected to a set date to respond. If you miss that date, your earnest money could be at risk.
If this agent isn't certain or helpful, ask for the managing broker.