18 Jul, 2019 → by ClaimboUser493998
Breach of Contract! And refusing to return Earnest Funds
1
Our experience involved Plantation Homes in Mckinney - Breach of contract; 1) Earnest Funds (EF) were to be held in escrow until close - they cashed EF 21 days before escrow. 2) After accepting earnest funds, MLS remained in a status of Active vs. under contract. 3) Builder continuously scheduled 'Open Houses' while under contract Eight days prior to scheduled close date, builder cancelled contract and refused to refund earnest money. Ludicrous considering new home was sitting since June 2018 (over a year). We suspect they received a higher offer and accepted. Home advertised as having a clubhouse - but it doesn't!