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Backing out

Hey all—

I entered contract to buy a place in SF a few months back. The construction and contract says that “Estimated Closing Date” is in June, but the construction and project finish has now been delayed till October.

I’ve sent a 3% deposit. Is it possible to back out of this contract bc of the delay in construction and it now finishing 4 months later than it says on contract?

Would love all advice, thank you!

submitted by /u/jonsmee
[link] [comments]

source https://www.reddit.com/r/RealEstate/comments/fs74sw/backing_out/
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