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We are, of course, sympathetic to the customer’s situation, which is why we have suggested a resolution of retaining only the deposit, which is well below what the customer contractually agreed to pay. We are not pursuing other obligations from the contract like the actual loss we may suffer on the sale of the home, per diem fees for delaying the home purchase (already over $2,500), and payment of 10% of the final sales price (almost $70,000). The total amount Fischer Homes is cheap jerseys retaining is less than 5% of the value of the home.
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