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Old 09-16-2007, 09:08 AM
Renee Renee is offline
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Default Purchase of a new home

When I was at TV last year the salesperson showed me new homes. I was told if I liked one it could be held for 3 hours only. TV required a 20% non-refundable deposit period. I asked if it could be purchased subject to obtaining a mortgage and the answer was no. No matter what the deposit was non-refundable. I have great credit but that made me a little uncomfortable, I was wondering if it was still that way. The developers way or no way.
Thanks Renee