Developers build safeguards for buyers of new homes

This article is from suburban Chicago’s Daily Herald, but the features offered could be adopted anywhere…

A trend to ease the minds of people making major purchases through installment payments has moved from the auto dealership to the builder’s model.

Hyundai started the ball rolling late last year when it offered to let purchasers return their new car with no hit to their credit rating if they lost their job.

That seemed to get everyone thinking, and within a few months several area builders were offering their own version of this safeguard. Some were even sweetening the pot with many more protections and incentives….continued here