I really want to back out of our escrow contract. Sold our house bc it's too small for our family but after seeing the lack of inventory on the market and with COVID cases rising I'm scared we won't find another house. I have major regrets and asked my agent to see if we could back out 11 days after we signed papers but she refused to even ask.
Stupidly I was thinking that we could buy our "forever" home next but with so little inventory out there and also the fierce competition Im getting horribly discouraged.
At this point I just want to cancel escrow. I don't know what else to do. I know legally I can get sued. Buyer is obtaining financing and did not disclose to their lender that we are staying 90 days past COE so they could get a better interest rate.
I regret selling so much and could use some advice.
Stats: Southern California. Agent did not include contingecy for me to find another home. As part of the offer buyer agreed to 90 free after COE.
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source https://www.reddit.com/r/RealEstate/comments/hiy78a/sellers_remorse_on_home_sale_southerb_california/
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