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Unable to back out of contract after Due Diligence to do addendum. Seeking advice

I am in a situation where I live in Virginia but went under contract with a SC house using VA home loan buying in SC. The Residental Purchase agreement states(is checked) for contingent upon appraisal. Now on the VA HUD Amendment, they put down $0.00 as the value of the house. Then seller countered with me signing an addendum, saying I would pay purchase price by paying the difference between appraised value and purchase price.

I signed alot of documents and didnt know what a VA clause was at the time. After the documents were signed, I was told that I could back out if it didnt appraise and/ loan officer could lower loan amount of 385k.

Well, here we are. Im being told by the broker in charge, which is also dual agency, that I can not back out of the contract.

That I can not back out with a Denial Letter from the Lender stating house was appraised for less than purchase price and I waived that in the addendum.

Was informed 2 weeks in that this is agents first time representing a VA home loan buyer. The Contract states not contingent on Financing.

It is as if, I was purposely rushed to sign documents and I didnt know what I was signing. I feel scammed.

Any advice please? Thinking, Im going to have to look for an attorney.

SN- I have evidence of agent asking me to forge my wife's signature twice. The same agent also told my wife, They dont want to be a punching bag and my wife apologized to the agent from being upset(home buying is stressful) and his response was cry me a river. like seriously?

submitted by /u/x_Stiddy_x
[link] [comments]

source https://www.reddit.com/r/RealEstate/comments/1o6dlnn/unable_to_back_out_of_contract_after_due/
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