LIVERMORE, CA (KGO) — With home prices dropping all over the Bay Area, how do you get gun-shy potential buyers back into the housing market? One homebuilder’s idea is to guarantee that you won’t lose any money if your home’s value drops after the purchase.
This protects you from your developer. Homebuilders say a lot of potential buyers walk into a new development and are nervous the developer will lower prices after they buy. There’s a new offer out there that will safeguard against this for the next couple of years.
Lynne Herendeen is not only getting her dream home in Livermore, she’s also getting a promise: if she and her husband decide to sell in the next two years and the developer is selling similar homes in the neighborhood at a lower price – he’ll refund them the difference in cash….(MORE)
It sounds illegal to me.
Specifically, it seems to violate the Security Acts of 1933 and 1934 which prohibit the marketing of an unregistered security.
It sounds illegal to me.
Specifically, it seems to violate the Security Acts of 1933 and 1934 which prohibit the marketing of an unregistered security.
It sounds illegal to me.
Specifically, it seems to violate the Security Acts of 1933 and 1934 which prohibit the marketing of an unregistered security.
It sounds illegal to me.
Specifically, it seems to violate the Security Acts of 1933 and 1934 which prohibit the marketing of an unregistered security.
It sounds illegal to me.
Specifically, it seems to violate the Security Acts of 1933 and 1934 which prohibit the marketing of an unregistered security.
