We signed a purchase agreement on a new construction property in back in 3/2022. It is set to close within 2 weeks of time.
Recently we identified that there is a steep slope in the backyard and the house sits on the lower end, with slope going towards the house. We looked over the documents that we signed and nothing mentioned that the backyard will come with a steep slope. The property across the street does not have this issue so do many other units.
The builder is trying to withhold our deposit when we ask to cancel the contract (roughly 15k) which is not a surprise. As it is kind of builder's fault of not disclosing the backyard slope when we sign the purchasing contract (and the property is built on a flat ranch land next to an airport!). Was wondering if there is any chance of getting the deposit back or if anyone has a similar story to share.
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source https://www.reddit.com/r/RealEstate/comments/yekxus/issues_discovered_in_new_constructions_socal_la/
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