Quote:
Originally Posted by hotrodgirl
I believe that is the way my agent explained it to me. You would not lose your initial 7500 unless you decided not to build at all...
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They will apply your money to another another lot, spec house and I think a resale, if they have the listing. Unless thinks have changed in the last year, NO Refunds. There have been cases where people have starting building and something "happens" medically or back home and people lose their deposit or go to settlement and then put the house up for sale. You will see a few "never lived in" for sale.