I own a home in Texas. I am selling my home. I explained to the buyer that I would need about $20.000 up front so I could put it with the funds already in my procession. He ask me how much I wanted for my home. I was asking 32,000, I took his offer for 30,000. I agreed to take his offer, but please remember that I will need the 20,000 before I can move. He said that he would contract his back and get me the money. I agreed, we shook hands on the agreement. This was before a contract was written. I have never sold a house myself before. I always in the past used a realtor and my ex husband took care of the buying and selling of all homes we bought in the past. I had found a house in Oklahoma and they needed proof of funds, due to it being a REO. I called Jerry and ask him if I could get some proof that he is buying my home. He said he had never heard of any one needing proof of funds to buy a house. I had my realtor from Oklahoma talk to my Jerry on the phone to see if he could explain why the proof of funds is needed. After the phone call Jerry still continued to say he never has heard of such a thing. I told Jerry that he promised he would give me money upfront, but now he is backing away from his promise. He then brought a blank contract to me to fill out. My realtor and myself were hoping that we could use the contract for proof of funds. I filled it out, keep in mind that I had never filled one of this before, all the realtors in the past had done this for me. In the field where it ask the purchase price, I put $30,000. It then ask how much money the buyer was paying at closing, I also put, 30,000. I told Jerry I still need that 20,000, he said we already shook on it so it is done. We both signed the contract on July 19, 2014, closing date August 31, 2014. I scanned it to my realtor. Jerry had told me that he needed the contract in hand by July 23, 2014 to take it to the bank to get the loan processed and get appraisal started. On Monday July 23, 2014. I called Jerry and he ask if I would take the contract to Premier Flooring and give it to Jennifer. I ask him again about he $20,000, he said he would take take of it. I ask him if it needed the Warranty Deed, he at first said no, the said sure I would like to have. I took the Warranty Deed and the contract to Premier Flooring and as I gave it to Jennifer, I ask Jennifer to Please remind Jerry that I was really in need of the 20,000 he promised me so I can purchase another house. I ask Jennifer to have him call me. I never heard back from Jerry . I called and left him a message to call me, still Jerry never returned my call. On July 26, 2014, I called Premier Flooring to see if Jerry was there, and was told by Jennifer that he was on vacation in Colorado, but would be returning on July 27, 2014. I ask Jennifer if she had been asking Jerry to call me because I need that 20,000. he would have to get a Title Commitment to make sure the house was clear of any lien's. I ask her if he had started that process yet? She wasn't sure. I then told her that I would call Edith at the title company and check to see, if he hadn't started it yet then I would do it for him. Well I called the Title company and was told by Beth that she herself was unsure of what was going on. She told me that she had started the process and then was told by AIM Bank that everything was put on hold until further notice. I am now not sure myself of what is going on. I called Jerry again and left him a message letting him know that it is so vital that he call me. At this point I am not sure if the bank is going to give him money or what. Here it is now August 3, 2014, and I have yet to hear from Jerry. Since he is not contacting me I am ready to just pull out and not sell him my house. I know for a fact that the house appraised for an amount much higher the offer. Can I back out of the sale due to breach of promise and no communication from the buyer?