I ratified a contract and am unable to get financing. Do I have to release the earnest money to the sellers?

The sellers agreed to release me from the contract but have threatened to sue me for the earnest money.
(0) | asked by: Monica Crawford | share | 16 hours ago | Report
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Jim Coulter
answer by Jim   
The answer is in your contract of sale contract. Take a look. More than likely the answer is yes...if you can prove that you can't get financing then you can void the contract
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