What does your agent or broker say?
My guess is yes, but obviously we have not seen your contract.
If I understand correctly you now have a "counteroffer" from the bank and you have decided not to accept or will reject their counteroffer.

Good luck.

It depends on what state you are in and the rules in your state. In California the answer is simply yes.

What Jackie said:

Did you have a buyer's rep?

Totally agree with both Rick and Jackie, however, you should ask your REALTOR@ first about your chances, if you didn't hire one to represent you in this transaction, consult with a real estate attorney.
I have noticed an increase on legal related questions from consumers on this forum, to what I deduct that the number of consumers acting "solo", without the help of a professional, is growing accordingly. Most of the problems a consumer face, like the one you are facing now Nmusgrave, can be easily prevented with a simple phone call to a REALTOR® before an offer to buy a property is presented.
Hope you'll find the help you need.

People often think we REALTOR®s duck these kinds of questions with double speak, but the reality is we must be very careful not to be percieved as practicing law without a license. As Jackie said there are just way to many possibilities here to give you an answer using the information given. Your best bet would be to contact a real estate attorney. Good Luck

There are to many variables to answer this one without knowing all the details of the contract and the addendums. What does your Realtor say?


Jackie