Terminating a Contract

[Lashinda Winters]

Hello All,

My first wholesale deal is not going as expected. I've asked the homeowners to go down on our original price of $93K to $85K because I have a buyer. This amount is actually the payoff amount and not the $90K that the told me. they are pretty upset about me asking them to lower the price.

The contract I got from my then mentor is a odder to purchase real property agreement. It just states that I have the option to buy at said price within a period of 45 days. Offer is further subject to foundation and other inspection. Closing date on or before Sept 12th.

Anyway I can terminate before then?