Earnest Money DepositIs a delay in delivery of a new construction home grounds for cancellation of a ratified contract? Basically, looks like the builder is having trouble selling (townhouses), thus they're delaying construction even though when we signed, we were told to expect delivery in October/Nov. This has turned into Nov/Dec, but we still have not seen any thing start up at the site, i.e., foundation is not laid yet. Were hoping to spend the holidays in new home, but looking unlikely and the month-to-month rent situation is killing us since they hike the rent when we did not do a long-term lease.September 10 2012 - US00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.