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How can I terminate a contract agreement with a builder, without legal actions against me?

Question by Hector J. R: How can I terminate a contract agreement with a builder, without legal actions against me?
We sign a contract agreement to buy a house and now we find other property, at a lower price and more space. We want to terminate the first agreement. We don’t want them to take any actions against us.

What can we do to avoid a sue and (maybe) recover the downpayment money?

Best answer:

Answer by Lauren
you lawyer should be able to help. I think you can back out with no anything help against you. I don’t know about the down payment, should be fight able though. My mom had the same problem a few years back and she was able to get out.

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