Real Estate Law
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You really need to look at your contract and see if there is any cancellation provision. however, you can walk away but it would be a breach of the agreement and the court could award damages and even force you to go through the sale. your only bet is that the buyer would rather not waste any more money on attorney fees in a court battle.
Did Buyer remove the contingency that you asked them to remove?
That may be an out. Also, if the escrow issues continued then you could say they breached the contract and you want to walk away.
Well you asked them to remove the contingency and if they refuse then you can walk away too.
You could try walking away now since they have failed to put the money in escrow at the onset of the contract. At least it gives them the impression that they breached it.
I know it is not the most optimal situation, but it is my job to tell you the most accurate information not what you would like to hear. Let me know if you have any other questions.