Sentences with phrase «deposit on a builder»

Not exact matches

It's also worthwhile to check out secured credit cards and credit builder loans, which may ask for a deposit of funds to act as your spending limit on a card or deduct a monthly amount to save for you.

An apartment glut quickly appeared as speculators took almost free money and put deposits on apartments being built by reckless builders.

If they don't find the money to close on their new houses, the buyers say they will have to forfeit hundreds of thousands of dollars in deposits and face a potential legal suit from their builder, Mattamy Homes which is refusing to extend closing dates or reduce prices.

If you put a deposit down on the home make sure that the paperwork says that your deposit is refundable in the case that there is a problem with your financing or the seller or builder does not live up to their end of your agreement.

→ The amount of builder deposits already paid by the assignor; are these deposits included in new purchase price or in addition to the purchase price as a reimbursement to the assignor (the builder will provide a credit for these deposits to the assignee on the final statement of adjustments)

The question of who is entitled to the interest on any deposits pre-paid to the builder is also a topic for the original and new buyers to discuss.

Under virtually all Agreements of Purchase and Sale with builders, the original buyer will be required to pay a series of deposits to the builder, starting with the initial deposit paid when the agreement is signed and on a set payment schedule thereafter.

Both freehold and condos, wherein the initial deposit and further deposits on property bought pre-build, (where there appears to be unlicenced salespeople doing business), both by local buyers and offshore agreements of purchase and sale, would be deposited outside the immediate control of builders and developers who have the opportunity to disappear, with trust funds.

When H sued O and L, the court found that H failed to perform her own due diligence and it was inconceivable H would proceed with a builder that could not come up with a small sum of money (deposit) to buy the land on which the house was to be built.

Another representative of the Brokerage, Terry Stump, as well as the property's builder told the Buyers that their offer seemed fair, but later Stump called the Buyers to tell them that, allegedly on the advice of Crank, their escrow deposit would likely be insufficient to hold the house for six months.