*Brand new home started building March 10, 2018.
* Singed Purchase agreement
* Gave $3,500 earnest money
*Closing date: July 5, 2018
* Pre approved loan (have not singed anything yet)
*Using VA loan
* Veteran with spinal issues. Condition has gotten worse and house is 4 floors with bedroom on 4th floor and laundry on 3rd floor. This will become an issue going up and down stairs.
* Mother is sick and will need to move in which will cause financial hardship not allowing me to afford mortgage now.
* Maryland
Is this possible?
Read more: Want to back out of new home purchase due to medical/financial reasons. Is this possible? If so, what are the consequences and steps?
