Quote:
Originally Posted by hotrodgirl
I believe that until you have your design team meeting and give your 20% deposit, you may change your mind and either switch lots, purchase a spec home or a resale that is listed with TV. I actually did switch lots shortly after my initial deposit of 7500.00 solely based of the fact that I liked it better! No hassle, no problem. My agent drew up the necessary papers and all was done via e-mail. I don't believe you need to worry if you wish to change.
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If you cannot make your build date and the one year date goes by you forfeit that lot and the money down goes to another lot plus a additional deposit which goes into escrow against the new home. Or correct me if wrong all?