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Updated over 4 years ago on . Most recent reply

Barry Wang's profile image
Barry Wang's profile image
Barry Wang
  • Member since Jan 26, 2018
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9
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Barry Wang's profile image
Barry Wang's profile image
Barry Wang
  • Member since Jan 26, 2018
Connect
Barry Wang
1
Votes |
9
Posts
General Real Estate Investing

Terms for buying new construction

Barry Wang
Posted

I am in the process of talking to some developers in the Austin area about buying new construction (BROHN HOMES).

Essentially, the term allows both buyer and seller to terminate the contract prior to closing for a fairly small amount of fee (a couple of thousands).  Is this common?   Would the seller just terminate if the price goes up during the construction? 

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