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there are some videos going around on social media lately about builders cancelling contracts from buyers that were under contract for one price and they either canceled all together or they canceled after they gave the buyer a chance to pay the higher price and they refused so were going to go over to were going to watch two home buyers and what happened to them in the hopes to learn from their experience and for you to better be able to understand whats in your builder contract most builders contracts have a right for the builder to terminate if youre on if youre under contract for new construction you need to look at your contract to see what happens if the builder terminates on you do they have that right is there any penalty to them and of course know what happens if you terminate the contract typically they are liable to keep your earnest money and maybe your deposits that you put down but you have to be very aware so lets go ahead and watch this first family they were buil