Question Details

Barb, Both Buyer and Seller in Joliet, IL

Is there a way to get out of a New Construction Contract that we signed and still get our earnest money back?

Asked by Barb, Joliet, IL Thu Jun 26, 2008

We purchased a new construction home in December before we sold our current home. We are in the process of accepting an offer on our current townhome. But with the market so bad we lost a lot on our townhouse. So we were thinking of buying an already existing house that is cheaper. Is there a way to get out of a New Construction Contract?

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