Yes, you need to see an attorney.Ever think about your exposure in your day job where you'd become liable and the court or those suing go after your assets? 

I'm now up to over 500 shares of the original post, hundreds of comments and likes, and I'm just sitting back receiving all of this free organic exposure having not said a word.To think - this is all over false assumptions made based on my standard "Do you want to sell" letter.

It is especially important from the attorney's aspect because contingencies need to be added in to the Contract through the attorney review process which will enable you to assign the contract to a third party, and perhaps limit your exposure to your earnest money deposit only. 

A busier road can be an advantage for a rental as it can give more sign exposure. 

I have spent a bunch of time researching RE notes and looking at various ways to get exposure to this asset class.

I'm thankful for their help and I certainly hope they feel like they're getting good exposure to the business in the process.

@Frank Jiang Totally anecdotal, but a friend of mine posted their SFR (in a great Poway neighborhood) with a too-high "Make Me Move" price on Zillow only -- not even MLS exposure -- and quickly got a couple offers at the price with attractive terms.  

True value is what an actual buyer will pay after reasonable time and exposure on the market.  

Assuming that you applied all of the money gained from the refinance back into real-estate, it's probably safe to assume that you would increase your expected returns, and increase your exposure to a drop real estate prices.

But for me, the most important thing is (1) if the buyer doesn't perform and breaches, I can sue for specific performance; and (2) if I don't perform and breach, my exposure is limited to the earnest money, which is not very much.I think the modern day RE contract for SFR is so long and muddled that it's nothing more than a product of the paranoia of lawyers.