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    Kouch's Avatar
    Kouch Posts: 1, Reputation: 1
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    #1

    Oct 13, 2012, 05:50 PM
    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!
    joypulv's Avatar
    joypulv Posts: 21,591, Reputation: 2941
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    #2

    Oct 13, 2012, 06:07 PM
    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.
    AK lawyer's Avatar
    AK lawyer Posts: 12,592, Reputation: 977
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    #3

    Oct 14, 2012, 05:47 AM
    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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