Renegotiating a contract that has been signed by someone else

[wwillipd]

What is the name of your state?What is the name of your state?What is the name of your state?Washington

I had my son fix a house that I just bought for a turn-around sell. I instructed him to send any offers he had to me for my OK. He accepted an offer and has been negotiating terms without my OK . He has signed the contracts in my name with very unfavorable terms which would cause me to lose 75% of my profit. He is in closing now and I am just finding out about this. I do not want to go ahead with the contract now that all this has come to light. I probably could get out of the contract, but I don't want want my son to possibly be liable for forgery or financial retaliation either. What can I do? Can I stop the sale without a loss or re-negotiate favorable terms.

[HomeGuru]

Originally Posted by wwillipd

What is the name of your state?What is the name of your state?What is the name of your state?Washington

I had my son fix a house that I just bought for a turn-around sell. I instructed him to send any offers he had to me for my OK. He accepted an offer and has been negotiating terms without my OK . He has signed the contracts in my name with very unfavorable terms which would cause me to lose 75% of my profit. He is in closing now and I am just finding out about this. I do not want to go ahead with the contract now that all this has come to light. I probably could get out of the contract, but I don't want want my son to possibly be liable for forgery or financial retaliation either. What can I do? Can I stop the sale without a loss or re-negotiate favorable terms.

**A: does your son have poa for you. I already know the answr but tell us anyway.