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"We are past our 10 days but have not signed the contract yet?" If you have not signed the 1-4 Family Residential Contract, you are not legally bound to purchase the house and you should be able to get a refund on your earnest money. The Termination Option period doesn't begin until there is a fully executed contract. If you are purchasing a foreclosure and your offer has been acknowledged by the seller, your earnest money may be at risk if you terminate past your 10 day inspection period. However, you don't typically receive that acknowledgement without submitting a signed 1-4 Family Residential Contract and signing the seller's addendum. I would be interested to know how your Realtor is suggesting you proceed.Good luck,Gina NylandPrudential Texas Realty
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For Sale: $389,900
For Sale: $70
For Sale: $310,000