Buying a pre-construction home or condo is an exciting investment, but sometimes buyers find themselves unable—or unwilling—to close the deal. When this happens, they may consider walking away from their deposit. However, before making that decision, it’s essential to understand the legal and financial consequences, including how likely a developer will pursue legal action. UnderstandingContinue reading “How Likely Is It That a Developer Would Go After Someone Who Walks Away from the Deposit at Closing?”