TIP #3 Obtain Legal Advice Before Buying a New Home
The majority of builders require that you use the purchase contracts created by their attorney. As a result builder contracts offer the builders protection but don’t necessarily contain language that protects you, the buyer.
Ask lots of questions. Be sure that you understand contractual contingencies and your right to cancel the contract. It is very difficult to get out of a builder contract and have your deposit returned to you. Make certain that you fully understand your options and all terms discussed are included in the contract. In a court of law, if it’s not in the contract, it doesn’t exist.