Backout before closing

[gudboy]

8 minutes ago, KothaKurrodu said:

Mine is new home. Last year sign chesinapudu konchem yekkuva pettina. Now with this interest rates, i dont think i can go with that.. so thinking how can i ask for earnest money from builder

forget about earnest money and drop from buying. If you think you cant afford that price it is a waste to even go forward.

[veerigadu]

3 minutes ago, gudboy said:

forget about earnest money and drop from buying. If you think you cant afford that price it is a waste to even go forward.

eee moneyyy ekkadaa anavasaram gaaa waste ayithayiii aniiii.manusu oppokolekaaa edhiii ayitheee adhi ani closing sign chesina vallaniii iddhariniii chusina nenuuu...last 2 weeks lo....

[Simple123]

13 minutes ago, KothaKurrodu said:

Mine is new home. Last year sign chesinapudu konchem yekkuva pettina. Now with this interest rates, i dont think i can go with that.. so thinking how can i ask for earnest money from builder

lets discuss more details before conclusion .. whats the sale price ?   whats the interest rate ?  your household income per year >?  property tax for that home 

[Simple123]

2 minutes ago, veerigadu said:

eee moneyyy ekkadaa anavasaram gaaa waste ayithayiii aniiii.manusu oppokolekaaa edhiii ayitheee adhi ani closing sign chesina vallaniii iddhariniii chusina nenuuu...last 2 weeks lo....

Bro ...neeku mast network vundi

[veerigadu]

Just now, Simple123 said:

Bro ...neeku mast network vundi

manaki unnadheee adhiiii....inkaaa em levuuu...adhi thappa..

[Swatkat]

4 minutes ago, veerigadu said:

manaki unnadheee adhiiii....inkaaa em levuuu...adhi thappa..

Nijama? Virtual ah real world ani aduguthunna @DesiPokiri

[Netflixmovieguz]

Govinnddaaa. Very few builders offer full earnest money refund if backed out. Other than these..earnest money is gone if we backout. Contract terms are always favoring builder

[Simple123]

@KothaKurrodu inthaki earnest money entha kattav ?

[Netflixmovieguz]

@KothaKurroduplacee chhheeppu. Db vuncles will decode 1%

[BeerBob123]

2 minutes ago, Simple123 said:

@KothaKurrodu inthaki earnest money entha kattav ?

Usual ga 3% untadi ga DP ki

[BeerBob123]

Just now, Netflixmovieguz said:

@KothaKurroduplacee chhheeppu. Db vuncles will decode 1%

Pass

[csrcsr]

I am seeing few people backing out on river islands top because of interst rate and back to work policy so builders iPad ninchi options select avagane options ki pay cheyamantunaru , builder galu chala.mandhi backout avuthe rates tagistaru emo

[csrcsr]

Just now, BeerBob123 said:

Usual ga 3% untadi ga

 

Just now, BeerBob123 said:

Usual ga 3% untadi ga

 

1 minute ago, Netflixmovieguz said:

@KothaKurroduplacee chhheeppu. Db vuncles will decode 1%

No new homes ki what I researched in river islands and tracy hills flat 10k or 15k check anadu

[BeerBob123]

Just now, csrcsr said:

I am seeing few people backing out on river islands top because of interst rate and back to work policy so builders iPad ninchi options select avagane options ki pay cheyamantunaru , builder galu chala.mandhi backout avuthe rates tagistaru emo

Yeah nannu kooda additional upgrades money upfront kattamannadu kontha

[no01]

contract lo emundho chusuko okasaari...usual ga new houses kuda oka clause untadi (atleast pre-pandemic lo undedhi), if u lost job or loan did not approve etc, then you can back out with full money back or good portion etc...it all depends on contract. But sellers market lo ilanti clauses anni removed ani vinnanu...so pls check with your attorney.