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-   -   Builder lowered price significantly days after we signed the contract (https://www.askmehelpdesk.com/showthread.php?t=708838)

  • Oct 13, 2012, 05:50 PM
    Kouch
    Builder lowered price significantly days after we signed the contract
    Hi
    Builder lowered price days after we signed the contract.it is now $50,000 less than what we signed. We didn't go through an agent. Before we go and talk to the builder, I wanted to see what our options are?
    Any advise!
    Thanks!
  • Oct 13, 2012, 06:07 PM
    joypulv
    What does this mean? Lowered the price of what? The same style house in the same development? Surely your contract has a clause or two for getting out, usually based on getting a mortgage and so on... so don't met the terms, let it expire, and buy again in January. Prices tend to drop a lot in the winter.
  • Oct 14, 2012, 05:47 AM
    AK lawyer
    This does not make sense. The builder of the house contracted to sell it to you at a set price and now proposes to charge you $50 k less? That's great as far as you are concerned, but I can't believe that's what you mean. Please explain.

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