Bad bad bad luck with new construction

[Account Closed]

Just before the pandemic started I signed a purchase contract for a 2beds condo downtown Austin, about 630k. I realized only now that it is not contingent on the financing. I paid already 30k earnest money and another 20k are due end of the month. 

What can and should I do? How is it even possible that it is not contingent on financing??? 

[Michael King]

Originally posted by @Kirk R.:

Originally posted by @Michael King:

How could an agent not know what's in, or not in, a contract?

 Well if we read every contract & crap we agree to, we'd spend something like the equivalent of 25% of working year reading. 

Thinking what documents are worth reading.  software agreements no way.  Real Estate contracts for sure.  property loan agreements yes.  Credit card agreements no.  Bank account agreements no.

You're absolutely right and I feel the same way, but in a purchase agreement when I'm shelling out big bucks, I don't read the contract since all the ones I've seen consist of mostly the same items and formats, I skim through looking for non standard items.  That said, I don't sign until I'm positive I know what I'm paying for and how much I'm paying. Same when I buy cars.