Zillow Advice: Buying Process - Any recourse for lower price of new construction &gt; down payment? http://www.zillow.com/advice-thread/Any-recourse-for-lower-price-of-new-construction-gt-down-payment/179305/ Zillow Advice | Zillow Real Estate Probably not. Has the building ... http://www.zillow.com/advice-thread/Any-recourse-for-lower-price-of-new-construction-gt-down-payment/179305/ Probably not. Has the building begun? If not, you might use your attorney to threaten a lawsuit in order to get back your earnest money. But most developer contracts are written in a way that basically gives them carte blanche to move the closing date as needed.<br/><br/>It's VERY important to engage a competent <a href="http://www.zillow.com/directory/real-estate-agents/">Realtor</a> when dealing with new construction. Everyone thinks it's as easy as putting down your earnest money and waiting for your beautiful new place to be delivered. But there are many dangerous and unseen hurdles that exist when purchasing a new construction condo/townhouse/home. Make sure you have someone that has good experience dealing with similar issues. Tue, 09 Mar 2010 20:31:00 GMT http://www.zillow.com/advice-thread/Any-recourse-for-lower-price-of-new-construction-gt-down-payment/179305/ 2010-03-09T20:31:00Z