Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago,

User Stats

32
Posts
6
Votes
Elizabeth Matos
  • Real Estate Agent
  • Menifee, CA
6
Votes |
32
Posts

New Home and Covid-19 Contingency

Elizabeth Matos
  • Real Estate Agent
  • Menifee, CA
Posted

I am buying a newly built home on contingency but the builder is saying that because of Covid-19 they have taken a different route and will not start building my new home or any other contingency home, until our homes are in escrow.  Is this normal?  Are they trying to circumvent my purchase?  I am trying to think of some options.  Does that mean I need a 120 day escrow?  90 Days?  Most buyers are not going to like that.  The sales agent tells me it takes 84 days to build the house, plus weekends and holidays.  I had a buyer that I turned away because they had sold their house and only had a 45 day escrow.  Any ideas out there?