Aside from this, you should try to evaluate just how ready you are to buy a house. Why are you worried about it? Agree to a price you feel comfortable with, on a house you like that's located somewhere you're ok living in. If your good with all that then maybe this is the right move? Think about what you really want.
Senior Loan Officer
STERLING NATIONAL BANK
310 Crossways Park Drive
Woodbury, NY 11797
Notifiy your attorney immediately as sales contract become legally binding after 3 days. It would be best if you consult your attorney to make any changes or to cancel the contract.
I am an Agent in the West Windsor Plainsboro area, so you can reach me directly if you have any questions at 609-606-5077
Mahasweta "Sweta" Ganai
Keller Williams Realty
But, if you just need some more time, ask for it. Have your attorney amend the contract with terms that make you feel more comfortable.
Remember that while you are in attorney review, either party can back out--so if you love the house and another offer comes in that is better than yours, the seller can do the same.
I am not an attorney, and you should call one for a consult.
Have you told your agent you want to cancel the contract?