Can you guide me as what documents did you sign and check before transferring the initial deposit ? Something I will keep in mind for the next time I engage…

$1000 is not a small amount for me sorry ..

For getting a pre approval from bank you don’t need a signed contract. In fact they will tell you the borrowing limit and then you decide how much you can…

How do I sign the contract without a loan approval from bank ? I need to have unconditional approval from bank to be sure of the finances before I pay…

I understand what you say , but the thing is price increases are always happening and if it keeps on affecting the contract then what is the purpose of initial…

Flamingo - I am ready to take all the steps required to get my initial deposit back. Yes it is a small builder…

Exactly my point !!! How can they charge me 2000$ for sending HIA contract ( that too on the old contract price ) and a one pager drawing document which…

I was also thinking of the same plan initially , but taking 50% deposit back would then weaken my case as they might say I have agreed to the 50%…

@Flaminigo - I have tried talking to them for the refund, they want me to take 50% refund which is not acceptable as I have not changed my mind and…

I asked for the itemized costs for the spending the builder has done until now on the project . Like the HIA contract , draft drawing etc. I understand the…

They say extra $15k is for price increase in raw materials and other constructions, they haven't even done any site cost estimation yet. It is strange that $15K increased in…

Thanks for your suggestion . I have already sent them a detailed email asking for full refund and sent up a follow up email as well. I have even offered…

They haven't done any soil test or survey !! The only thing they have provided me is an incomplete drawing ( 1 page ) and a HIA contract. No other…

The Initial deposit is of 2000$ and they say it is for document preparation and starting the process of getting permits and soil tests. etc

Hi Guys,
Need some advice about a scenario I am facing.
I had paid a builder initial deposit (says non refundable) of 2000$ based on there initial quote and inclusions list we…