Residential Lease Agreement With Option To Purchase

My fiance and I were looking into leasing with option to purchase. We came across a manufacturer who showed us a house we liked. We sat and talked and signed a residential lease with option to purchase and sale contract. The next day I went home and found several things and watching the neighbor's house. I went back and read the lease and the agreement it states that we have paid the vendor 1000.00 the day we signed the agreement. No money was exchanged, we were going to pay him this weekend. The same goes for the purchase and sale. In addition, it shows the lease is for four (4) months "August 1, 2010 to October 31, 2010, (which is only three months).
The question is, is it still be considered a contract. I live in Georgia. We want to hire with so many small problems and money as possible. There are certain things in the lease that say that if we break the lease seller will hold the 1000, 00. We never gave it to him, but because of the problems I mentioned above, would we still be bound to the lease. Please be advised that I am panicking.
I had a feeling about this manufacturer, and should have followed my instinct and I think he may end up being bad.

Firstly, let me say, I live in Georgia and have been through this exact same thing. Due to the fact that the contract in conflict with itself (ie four months, followed by 3) and the fact he said that you exchanged money when you do so, you will not be charged a cent of that contractor. This is not a contract. Do not let him fool you. Even if it takes you to court, it will be rejected. Follow my counsel. Do not give him a penny. That will take you to court, he will pay your legal costs.

Once signed, it is a valid contract.

It seems summary then I say do not pay and do not respect the agreement. It would take you to court to collect and if it is the criminal I think it will not as there are false statements in the contract. Understand that I am an honest person and take my contracts and responsibilities seriously and the only reason I give this advise was due to 4 ") four months" on Aug. 1, 2010 October 31, 2010) "Statement This makes the lease null because of incorrect (or fraudulent) information.

I feel that the manufacturer would be no problem, get you out of the lease if you told him you did not have the $ 1,000. In my experience a binder is not good without signature and silver.

On appeal and wishes that the manufacturer that you have found some problems with the lease and not a good feeling about this. See what he says. You've never moved in and never exchanged money. Do not be afraid of what "could" happen, just call and see. If he says it bad you want to take the document to a lawyer to review - and then do it.