Signing a purchase agreement with a national buyer on a new construction today! Excited, but have a few questions, on if these are standard.
- The PA says that if I'm not able to secure financing (closing in 9 months), I'll forfeit the earnest money.
- If there is "lender commitment work order" buyer to pay for lender reinspection?
- Not contingent on general inspection?

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1. This is not that uncommon in real estate transactions (regardless of new construction or not). Even in cases where this language is included, I have seen people still get their earnest deposit back.

2. I wouldn’t worry about this too much, a lender inspection is not all that expensive and if they have a list of repairs they usually just get documentation of completed repairs and won’t always even physically verify they were completed.
3. Not that uncommon, some people don’t get inspections on new construction. I would still recommend considering one, but obviously if the inspection goes so poorly that you feel the value of the home is compromised there would be other ways of getting out of the contract as opposed to just the general inspection

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