05/21/2021
Key takeaway from the article, is that it is important to work with someone that has your back. Building contracts vary and a realtor can catch language you wouldn’t...
Horton says she personally doesn’t see builders cancel contracts often but regardless recommends hiring an experienced realtor that’s familiar with new construction and familiar with the specific company building your home.
“Every builder has a different contract. They all have a different process, and it’s important that you work with somebody that knows that process and has your back,” Horton says.
Realtors can help homebuyers get important factors like timeline, lending, and inspection details in writing with a builder.
“The language is geared toward the builder and a lot of things in that contract can be overwhelming,” Horton adds.
A Central Texas family was left scrambling after a builder canceled the contract for a new house they were building. The couple was six months into the process and had already sold their current home when they learned the new one, they’d been putting money toward wouldn’t be theirs after...