Can I cancel a short sale purchase agreement prior to 3rd party approvalI made an offer on a house on May 1st. We have not heard anything back from the bank. In the meantime, the property has deteriorated and I sent a cancellation to the agent. A week has passed and I have not received the seller's signature.Is this contract legally binding without 3rd party approval?July 27 2010 - Farmington00YesReport 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.