What to Do if Your Homebuilder Goes out of Business, Before and After

Miami Herald, Oct. 22, 2023–Lew Sichelman
It’s not an everyday occurrence. But once in a while, a homebuilder abruptly shuts down, leaving customers holding the proverbial bag. At the height of the Great Recession, for example, dozens of homebuilders suffered adverse changes that affected their buyers, whether that meant the company went bankrupt or was purchased outright by another entity.
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