So I’m under contract for a new build but realize I don’t like the area it’s near a lot of refinery’s and want to back out.
Contract is pretty standard so very little I can do without losing my deposit. I’m ok with losing my deposit the only concern I have is … Realistically how often will builders come after you for damages for backing out? Contract is 4 days old no structure is up and foundation is bearly getting finished.
Anyone with first hand experience?
Also how do I go about letting them know I want to terminate the contract I’ve seen some people say with a letter some people have said let them know in person???