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Old 05-17-2008, 07:04 PM
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Join Date: May 2008
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Question Experience with backing out of contract pre-closing on a new construction home?

If you have any experience with this I'd love to hear from you.

Thanks

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Old 05-17-2008, 07:42 PM
Real Estate Agent
 
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cfIfan will become famous soon enoughcfIfan will become famous soon enough
I have had 1 client back out and have heard of many others, and the result depends on the builder and the reason. Without knowing your particular circumstances i wouldnt really be able to offer any information

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Old 05-17-2008, 08:24 PM
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Location: Orlando FL
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Agreed. It all depends on your reason for backing out (and your evidence of that reason) and what it says in the contract you signed. All builders have different contracts and will be tougher to get your escrow back if even at all possible.

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