Can I back out of a short sale after seller accepts offer?I put an offer in on a townhome that was a short sale on February 9th (not an approved short sale) with a closing date of June 30, 2014. From the get go, this was a nightmare. The house listed on the market January 18th, and my realtor tried making several appointments to see it but we were told they werent accepting showings yet. Two weeks later we were finally able to see the home, and we find out we were delayed due to the home owners wanting to "clean". The home was filthy, and looked the same as the pictures. We put an offer in the next day and it took the listing agent about another week to get all the paperwork signed and submitted by her seller. Last week I recently found out an ex-partner of mine that has harassed me in the past lives directly across the street. I spoke to my realtor about rescinding the offer, but she is telling me we cannot do that because we are in a legally binding contract and can only rescind our offer if we forfeit our earnest money deposit, and also risk being taken to court for "further damages". She said another option would be wait it out until June 30th and hope the bank doesnt accept, or try to find something wrong in the home inspection. (which will be highly unlikely, this home is only 5 or 6 years old) Ive done some research online and have found that we are able to rescind our offer and can keep our deposit, but my realtor is telling me otherwise. Can someone please help? At this point, I'm willing to lose the $1,000 deposit, but im not sure why they would take us to court for damages. This seems like it happens all the time. I dont want to be forced to purchase a home where i wont feel comfortable living, but it seems like that is what will happen.Thank you for your time!April 09 2014 - Smyrna00YesReport 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.