Home Buying in Dupont Circle>Question Details

Matt, Home Buyer in Washington, DC

What are the rules that govern condo purchase in a new construction in terms of moving from one unit to?

Asked by Matt, Washington, DC Tue Jul 22, 2008

another. Can you do that if you havent locked the initial contract

Help the community by answering this question:

Answers

3
If you haven't finalized the contract there isn't a problem at all. If you have finalized there contract you'll need to ask the builder/developer sales representative if they can move units as requested and check to see if there are additional costs involved.

Jack Shoptaw
The Shoptaw Team at TTR Sotheby's International Realty
1206 30th Street NW Washington DC 20007
Direct 202-821-9791
http://www.jackshoptawteam.com
Find us on Facebook/Follow us on Twitter
0 votes Thank Flag Link Tue Nov 9, 2010
Assuming that there is an available one without a contract for you to move in, I think this could be worked out with the seller and might entail writing a new contract.

When you purchase a condo in DC, you receive 3 days to look over the condo docs. If for any reason you don't like what you see, you can pull out of the contract. With new construction you receive 15 days from the day the documents are delivered. This could be used to your advantage should you want to change to another unit.
0 votes Thank Flag Link Wed Sep 22, 2010
Welcome to Trulia, good question hope you will find our professional answers a benefit for you.

New construction the builders MIGHT EXCHANGE with you however required cancel the initial contract, and new sales purchase agreement is executed.
http://www.lynn911.com http://www.homes-for-sale-dallas.com
0 votes Thank Flag Link Tue Jul 22, 2008
Search Advice
Ask our community a question
Email me when…

Learn more

Copyright © 2016 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer