My cousin signed a contract to buy a new house. Now he is nervous and does not want to close the deal as his house is not selling. What are the implications of not closing the new house deal with the builder:
- Will he lost the deposit (5%), or
- Could he ask for part of the deposit, or
- Could the builder go after him for compensation?
Thanks for the advice in advance.
- Will he lost the deposit (5%), or
- Could he ask for part of the deposit, or
- Could the builder go after him for compensation?
Thanks for the advice in advance.