Assignment saleBuilder consent pending
$820,000The Ridge at River Mill · Cambridge
4 bed · 4 bath · 1,915 sq ft · N exposure · Soon
The numbers, plainly
- Original price with the builder
- $931,000
- Assignment price
- $820,000
- Deposit the seller already paid the builder
- $80,000 (9%)
- You pay the seller now
- $-31,000
- You pay the builder at closing
- $851,000
You reimburse the seller's deposit plus their profit. Builder fees, HST and closing costs vary; your agent confirms the exact figures from the agreement.
Most builders must consent to an assignment and may charge a fee. Ask for the original agreement, all amendments and the deposit receipts. A licensed agent reviews these with you before any offer.
How do assignments work?About this suite
Assignment sale of a 4-bedroom 4b at The Ridge at River Mill, Cambridge by Marz Homes, Starward Homes and New Horizon Development Group. 4 baths, about 1,915 sq ft, N exposure, no parking, no locker. Asking $820,000; original purchase price $931,000; $80,000 in deposits paid. Estimated occupancy: Soon. Details are as advertised and not yet verified by Summitly — ask our team to confirm the deposit, builder consent and closing costs before you offer.