Ok - I've heard of people walking away from the purchase of their new construction property - but this one is pretty funny.   

Wendy Topkis - the daughter of Vice Chairman and co-founder Bruce Toll of Toll Brothers - informed the company last month that she and her husband "did not intend to make settlement" on a $2.47 million home they had previously agreed to purchase.

Toll Brothers said it intends to pursue its rights under the agreement of sale.   

Toll Brothers said expects a 22 percent decline in home-building revenue for its first fiscal quarter, ending Jan. 31st.

I wonder how hard they will hold Wendy's feet to the fire.....

Locally - sales at Toll Brothers Hawthorn Woods Country Club has been slower than expected - and they are dealing with re-sale units in that same complex - competiting with their new construction.

I live just up the road from there - in what I consider to be a much better development (more unique and better built custom-built homes and a beautiful lake) - and in any case - I created a real golf green in my backyard.... complete with sand traps and water hazard.... :-)  So - I can golf for free anytime I want :-)

Interesting in purchasing a home in Hawthorn Woods Country Club?  DON'T SIGN IN WITHOUT AN AGENT!  Obtain representation first.  Builders will not pay out their commission if you want to be represented by a professional after you sign in alone.  They love it when you do that - because you'll have no one on your side - fighting for your best interests.  

If you are thinking about purchasing a home in Hawthorn Woods Country Club - as professional negotiators (We are Exclusive Buyer Agents - never representing sellers or builders - so we are always on YOUR side) - we'll help get you a much better deal than you'd ever be able to get on your own.  Feel free to contact us for more information.