re: Homebuilders cancelling contracts to sell for more on market

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How did it go? What can you share?

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Contracted in early 2021 for new construction in the Heights - 750k. Supposed to be completed in August. It was about 90% done and they kept postponing the closing. No communication, etc.. Come to find out these frauds have done this in the past - take the deposit, sit on it, delay closing and hope the buyer won't fight back and lose deposit and eventually move on. Same house was on the market for 850k in Jan. 2022.

In the interim, had to find housing, short term storage etc and was in constant limbo since I could never get a hard date.

Sued them and found another place. Recently settled. Ended up finding out that the builder was advertising it under the table even though we still had a contract. We found out the builder entered into another contract while my lawsuit was pending. Unreal antics.