Can we get out of this contract?My wife and I were in the process of buying a house in Phoenix, AZ. Offer and counter-offer had been made and a contract accepted. Then came the inspection and our realtor sent the seller a things-we-want-and-need-done form (I don't know for sure what it's called). While we waited for a response from the seller, an out-of-state transfer with my job that I had given up on ever happening finally and suddenly materialized. So now we can finally take our kids back home to be near family and friends, but after I got that news, the realtor reported to us that the seller has agreed to do all the repairs, etc. So he says we have an accepted contract and cannot just walk away, that in order to get out of the deal it is going to cost us. We haven't even finished all the loan application papers so there is no mortgage yet, so doesn't that mean there isn't a sale? And aside from the $1,000 earnest money (is that lost now?), are we liable for some other funds? Are we unable to back out of this?March 25 2012 - Phoenix00YesReport 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.