Buyer backing out, what are our options.on 5/2/13 an offer was placed on our house we accepted, and signed the contract on 5/3/13. We received a call today 5/8/13 that the buyers agent called our agent that the buyer is backing out. The buyers agent cannot get the buyer to return his calls and the contract has been approved as of today by the buyers attorney (I am not sure the status at this point from my attorney) We have cancelled an open house and have observed many interested onlookers passing buy as our open house cancelled sign has been out. This looks bad having a cancelled sign out. What are my options?May 08 2013 - Cheektowaga00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.