Short answer: No.
This is a situation where it is best to have had a real estate agent and a good attorney by your side.
By Nena Groskind, The Boston Herald
Question: I foolishly signed a purchase-and-sale agreement on a Barnstable condo under construction, which the builder wasn’t able to complete on time.
I backed out of the deal, because I had been living in a hotel and couldn’t afford it any more, and because we’re expecting a baby.
I had to sign a lease on an apartment and re-register my son in the Abington school system, as I don’t think my condo is close to being ready.
Well, the builder is now trying to keep my $14,000 deposit. Do I have any options?
Complete article: Real Estate Counsel: Nena Groskind
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