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Updated about 7 years ago on . Most recent reply

User Stats

47
Posts
37
Votes
Aman A.
  • Rental Property Investor
  • Redmond, WA
37
Votes |
47
Posts

New construction home but cannot rent or sell. Advice needed!

Aman A.
  • Rental Property Investor
  • Redmond, WA
Posted

Hello,

I signed the contract for a new construction townhome early this year, which I wanted to move in to. But due to change in circumstances, I cannot move into that new home for a while. The contract from the builder has a clause that I cannot sell or rent the home in the first year of ownership. 

I was hoping for some advise related to if I can work around this clause with the builder ?

Thank you.

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