backing out of house????What is needed to be able to back out from a contract on a house due to not getting the funding needed and not being able to get the loan? Do i need something in writing from my lender? can i just tell the agent i wasn't approved?? how does this work? any info would be great!October 20 2011 - US00YesReport 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.