Is there a way out of a contract to build new houses with NV? We are building a home with Homes NV we're already $ 55,000. The contract states that by default if you lose the entire deposit plus are responsible for all court costs and attorney fees resulting. But our current home is still on the market and we can probably not afford the new house anyway. We consider off our money seriously if we knew we did not run the risk of going to court on this. Can anyone help?
if you can not sell the old one, try to sell the new one, you may be able to recover some of your money this way. I guess it depends on the NV house, how will they be angry, but if you can not do, well you can not do that, bankruptcy could cancel it.
Consult a lawyer who can read the prints of the contract.
Dang wish I'd be able to walk away from $ 55K and not worry about it.
Are you the financial page of the state purchase contract if you are not qualified to carry two mortgages, the purchase agreement becomes null and void or voidable?
Are you sure you put the money is not refundable?
Did you use a Realtor? If not, do you not have a lawyer?
I urge you to contact a lawyer "real estate" now know what your options are.
Posted on August 30, 2010.