Good morning, Sassymama!
My question to you is did you make the offer in writing? Has the offer been accepted by the seller? If it has, then you are obligated to follow through because it is a binding contract. If not, then you may ask your real estate agent to withdraw the offer.
May I ask why you are considering withdrawing your offer?
If you wish to withdraw the offer once it has been accepted for whatever reason, the seller must release you from the agreement in writing and you will certainly lose your earnest deposit money. For any further questions, consult a real estate attorney to help you out.
Brigita McKelvie, REALTOR, e-PRO, GRI
Keller Williams Real Estate, Bethlehem, PA
Office: 610-867-8888 Direct: 610-393-9424
E-mail: brigita@brigitamklv.com
Web: http://www.brigitamklv.com
If the offer was accepted and signed by the seller then you are bound by the contract. If the seller has not signed yet, you may ask your Realtor to recind your offer. There should be a time limit for the seller to respond, so I would check that. Lots of luck to you. Deb Fusco
If the seller signed the offer then yes you are. If they did not sign it then no.
Sea LaSalle
Weichert Realtors
610 737 5369
If by a bid you mean a signed purchase agreement with earnest money - it will depend on where you are at in that transaction. If it has been accepted ,you could still get out but will be forfeiting your earnest money and that if certainly fair. You wanted it and now you want something different - they may well be thinking that you are buying and they are preparing to move.
If you made an offer and the seller hasn't yet signed/accepted it, you can generally ask your agent about rescinding or withdrawing your offer in writing prior to the seller's acceptance.
If the seller has signed/accepted your offer? You need to consult an attorney for legal advice about attempting to void or cancel a contract.
Did you write up an agreement of sale and is it in writing?
Sean Dawes
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