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Seller lied about sqft and wouldn’t release ED

I went under contract on a house a few weeks ago, after appraisal it was confirmed that the house was more than 2000sqft less than claimed on MLS. I asked to cancel the contract and seller is refusing to sign. This was all under an LLC and I did some digging and found that seller went to prison for mortgage fraud, has a lot of lawsuits . So it doesn’t appear to me that he’s the kind of seller that would pay if there was a court order from small claims . I’m still within financing contingency but I’m afraid it’s a state that requires both to sign . To make matters worse the listing agent has relisted the home for sale while my EMD has not been released.

So I’m trying to figure out what my options are here. Both agents said they will contact title.

submitted by /u/offmychestties
[link] [comments]

source https://www.reddit.com/r/RealEstate/comments/1giiain/seller_lied_about_sqft_and_wouldnt_release_ed/
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