Hal
I know someone who actualy closed "early" on a Village New house ...early by 3 days and had to pay the additional $250. House was done and buyer wanted and needed to get in the house. The $250 charge was not necessarily a penalty but a charge for making scheduling changes not only with the bank (Citizens) but also with the builders rep for walk throughs etc.
Sparky-30
Im with Gracie on this one regarding the loss of a down payment on new construction. YES TV will default you if you change your mind for whatever reason and dont complete the purchase on a new home after you made an initial contract downpayment..........BUT in the past if you came back to TV and executed another contract for a new house, TV gave you credit for the Downpayment you defaulted on the earlier contract....if they were made are of it. Now things may have changed or TV may have imposed a time period where this offer is available.
It would be interesting to know if something like this regarding the downpayment being recredited after you cancel an inital contract still exists...and if so for how long is the offer valid?
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