As people pay top dollar for Colorado homes, our real estate attorneys have seen home builders and sellers cancelling contracts on buyers well into the buying process.
"Our firm has seen a lot of buyers where builders are happy to get that contract terminated because they can turn around and resell that home that has been built for a lot of money,” R&H Managing Partner & Real Estate Attorney Don Eby told Denver 7 News.
The good news is, Don said homebuyers have rights.
"The builder doesn’t have the unilateral right just to terminate the contract,” Don said.
Don Talks with ABC 7 News Learn how to protect yourself when you build or buy a home. If you have a cancelled contract or you need an attorney to review one, our Real Estate Team can help. Call 303-688-0944 to set up your free case assessment.