Hello I am in Melbourne. I signed a contract to buy an IP in Brisbane, subjecting to satisfaction with building and pest inspection report within 3 business days from the contract date. The reports turned out very bad, structural damages, termite damages. The contract signed by the seller on 23/8. On 25/8, I received the building and pest reports and I have immediately emailed to RE agent, seller conveyancing, my solicitor to terminate the contract on the same day. I also called to seller conveyancer and RE Agent on the same day. Seller conveyancer confirmed over the phone that she has received contract termination letter from my solicitor. RE agent said that he will release my deposit on Tuesday 30/8. I have deposited 5% of purchase price into RE trust account on the contract date. I went overseas on 26/8 and expected that fund was transferred to my bank account today but it not. I tried to contact RE agent but could not reach him. I left a SMS message on his mobile. Then, I received sms from RE agent. He told me he tried to contact my solicitor to request a letter from solicitor to cancel the contract but he could not reach them. He did not mention about deposit. It sounds like that he tried to cheat me. If my solicitor writes a cancel contract today (not within 3 business days), it means that I break the contract. I have emailed my solicitor to ask for help. While waiting for my solicitor's reply and taking action, can you give me some advice what the worst scenarios? PS. He should inform me of the property has termite damage prior to letting me sign the contract as this property is hard to sell and stay in the market last 2 months. I wasted my building and pest inspection due to lack of informing.