Quote:
Originally Posted by look 171
Forget that. Once they signed, don't you have something in your contract that protect you from them getting out of it just because they have cold feet? After all, you did spend lots of time and maybe order materials and hire additional workmen for the job. They should pay for that. I give them 5 days after they sign and they have to give it to me in writting if they cancel. They are to pick up the tab on materials ordered and workmen's pay if there are any. Delay sucks. They should pay for the materials if there are any.
Thankfully we have work for the rest of the year. I talk to my vendors, they are all feeling the pinch a little. According one, we are back to normal, instead of the non stop crazy ordering that was going on last year.
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In a perfect world.
One local builder here was stuck with a lot of unfinished homes as the buyers pulled out due to the price drops. Put them out of business, good luck collecting.