Can I negotiate earnest money back from a builder in Tx?
We signed a new construction contract with a builder in Texas and paid $20k in earnest money. We cancelled before even the construction began. Less than 2 weeks of signing .
The Homeowner Transaction Summary was revised and provided to us **after** we had already paid the earnest money. Signed 19th, paid 21st and got documents 29th.
We later decided to cancel the purchase, and the builder is refusing to refund any of it. They’re also asking us to sign the cancellation agreement, which we haven’t signed yet.
Has anyone successfully negotiated a partial refund in a situation like this? Would you sign the cancellation before the earnest money issue is resolved?
Any advice would be appreciated.