Down Payment + Closing Costs = Cash to Close.For your purchase contract, I'd have suggested an escalation clause requiring proof of next best offer upon acceptance.

As a matter of fact, far too many these days don't write contracts or stick to their price commitments after the project is well underway. 

Over priced, layout is awkward, junky neighbors, back on market/under contract multiple times, bad photos, bad timing(got buried from other listings, weather occurrence, etc). 

Just make sure you go through the contract they present.

Your background as an electrician and experience in general contracting and project management will be incredibly valuable in the real estate world.

We listed strategically and were under contract in 2 weeks in the slowest part of the year (December) whereas all the other similar homes in the neighborhood have been sitting for months and still sitting on the market.

So how do I get out of the contract I signed?

This also leads owners to ASSUME simpler is better when it comes to management contracts.

Some interested buyers did go under contract but things fell through in the deals.

The listing agent and seller did not counter on price and went under contract at the offered price.