Can a contract be voided if a term was not previously disclosed?

Question Details: My husband and I are completing a new house initially intended for us to live in but that we decided to sell. We are not licensed builders but my husband served as the general contractor. In the course of this contract, we are being treated as builders. So instead of the 1 year home warranty we were told that we had to have a 1 year builder's warranty. In the state, as of 7 years ago, all builders are required to provide a builder's warranty. Some things are warranted for a year but many structural items are warranted for a 6 year period. The initial contract was signed near the end of June with a closing date of August 30 or before. Our realtor sent the form for our review and signature this past week. After reading, we discovered the 6 year clause. We questioned our realtor and he admitted he did not know about the 6 year liability. Now, we are refusing to sign. My husband will be 75 in November, he could be held responsible until he is 81. We would never have signed the contract if we had been informed about the 6 years. It makes a huge difference.

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