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I think I signed a bad contract. I’m the seller and want to back out. Many red flags, please help.

I’ve shown my contact to someone briefly who found tons of red flags and is telling me my contract is void because the addendum I signed has the wrong effective date of the original agreement, among many other things I haven’t received an executed copy of our contract from the buyer. There is no lead based paint disclosure when the house was built before 1978, it’s 1971 which as far as they said isn’t allowed to not be included.

I’m almost sure I’m being taken advantage of. The buyer wrote his name/“assignee” which entails that he can pass this deal on to someone else and potentially make a profit and leave me selling my property to someone I don’t know. And also means I’m selling too low and that this “buyer” knows it and can make himself a better deal out of it and make a profit with no financial obligations. This was never told to me.

I know there may be consequences but I’m ready to fight if necessary, I was told there is no fight because this deal and contract is “garbage, null, void”. Is there anyone who can look over this and tell me if I really can back out scot free or consequences included, I don’t care I just want out?

submitted by /u/Sasukebby099
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source https://www.reddit.com/r/RealEstate/comments/15zw0hm/i_think_i_signed_a_bad_contract_im_the_seller_and/
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