I took out 5K for paint and carpet (home is in great condition) and 5K for my fee since I was going to wholesale the property.

I don't think you have any grounds to back out, because the HOA was mentioned in the escrow papers and you signed them.Ditto, I don't think you have any legal grounds to go after the agent, because the HOA was mentioned in the paperwork, and you signed it.My suggestion is that you take the whole mess to a lawyer and pay him to look over it and tell you exactly where you stand.It's possible that if escrow hasn't closed, you might get your agent to take a small cut in his commission based upon the fact that he mislead you.But the fact remains that you signed the contract.At a minimum, learn a lesson and stop signing papers without reading them.

The lawyer I talked to said that doesnt matter and I have to go through the foreclosure process anyways.

I'm a little worried that a Banker/Realtor/Lawyer won't take me seriously because of my age, but my parents said they will sign on a loan because I don't have any credit history.My major goals are to have a stream of income in college and to be financially free when I leave college.Does anyone have any advice for me?

But the price I will take is for 70k and it's already in a good condition.

They just want someone to buy their house, and they saw your ad that you buy houses any area any condition or whatever it said, and gave you a try.

Not too sure about the market condition. 3.

I suggest you get together whatever paperwork you have concerning her, and if you can't understand it take it to a lawyer who specializes in evictions.

I understand that typically when a bank approves a short sale, one of the conditions of approval is that the contract cannot be 'assigned'.

Assuming it really is worth $167K in good condition.