What is the name of your state? AZ
I bought a new home in Arizona, and I put a 15K Deposit down on it, The house was completed, but I told the builder I wanted out, due to the market, and the property value didnt go up much, this was right before it was complete. She said" no way will I get the deposit back". They said that I can get out of the contract and that I could sell the house right away, cause in the contrat it said that I could not for 1 year. I said " no " to that. Second, she said that she can lower the price of the home to make the payments easier,and bring it down to market value again I said no. Third they offered to let me use the money I used as down payment to another property in arizona with that builder, not as a down, but as part of the closing, which I would have to come up with another down... What should I do? I need that deposit money back. Aahhhhhhhhhh
I bought a new home in Arizona, and I put a 15K Deposit down on it, The house was completed, but I told the builder I wanted out, due to the market, and the property value didnt go up much, this was right before it was complete. She said" no way will I get the deposit back". They said that I can get out of the contract and that I could sell the house right away, cause in the contrat it said that I could not for 1 year. I said " no " to that. Second, she said that she can lower the price of the home to make the payments easier,and bring it down to market value again I said no. Third they offered to let me use the money I used as down payment to another property in arizona with that builder, not as a down, but as part of the closing, which I would have to come up with another down... What should I do? I need that deposit money back. Aahhhhhhhhhh