Auction.com seller (bank) backs out of signed contract.

[Adam Craig]

Ive done dozens of Auction.com deals but this was a first.

After being under contract for 50+ days with no contingencies I received and email that the seller for the property I was ready to close on has now backed. Auction.com said they didn't give a reason. EM deposits were in everything was set to close. Do I have any recourse to make them close?

I spent a lot of time prepping this deal and passed on other deals while this was under contract so it was a bummer.

[Adam Craig]

The bank actually relisted the house on xome and I won it for the same price just closed last week...