<prompt> Human: I recently made an offer on a house and it was accepted, I went through all the preparation work with the bank for a mortgage, got approved, and as of a little more than two weeks ago was ready to close. I tentatively set a closing date and scheduled movers for the following Sunday. Shortly after this, when the deal went to the title company, it was revealed that the owner had a second mortgage which had not been know up to that point. The selling price of the house was not enough to cover both the first and second mortgage and so the owner had to start trying to get a loan to cover the second mortgage. I waited a week and canceled my delivery costing me money, and putting the move on hold while the seller attempts to get his ducks in a row. Now the seller apparently had a bankruptcy and divorce several years ago so needless to say his first request for a loan was turned down. He heard from another bank that his finances look good right now when added with his new wife married a few weeks ago and that they should be able to not guaranteed get a loan for the second mortgage, problem is that it wont be for another couple of weeks IE first week of December so that pushes closing off another two weeks. I have already turned in my notice at the apartment I currently live in and need to be out by the end of the month. Since my items are in storage with the moving company and the earliest delivery date I can get now will be the 3rd of December, I am going to have to pay about 250 in storage costs. It was suggested by the realtor today that I could request early occupancy but I am hesitant to move into a house I might not be able to close on if the seller cannot get a loan even with his new wife. I have already located a rental house which I like and could move into next week, and to be honest, at this point I am losing interest in the sale because of all this. So my question is, if I turn down the early occupancy suggestion and back out of the sale entirely, what financial costs can I expect to be liable forcan the owners take legal action against me? I looked through the Real Estate Contract and couldnt find anything which would exactly apply to this situation.  <response>: Ask your Realtor thats what they are for 