We made an offer on a townhouse, seller counter offered, we counter offered theirs and then they accepted it. The only thing that we signed is the original offer, we haven't singed/initialed any of the counter offers. If we change our minds at this moment - will we loose our earnest money? Also, our realtor has lied to us - told us that the property was an investment property and rented out....the seller is tired of renting and wants to sell it. We looked up on line and found out that it was bought as a foreclosure 6 months ago, remodeled and put back on the market. Will this information effect the status of the house title (meaning that it was a foreclosure at one point of time)? Is it legal for a realtor to lie to his clients? Can we get another realtor and make an offer on the same property, would that make any conflict of interest?

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 Tags: house offer, earnest money, changing realtors

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