It has never been more expensive or harder to buy a home in North Texas.
Even after signing a contract and putting down a deposit to have a new home built, some North Texas buyers have had their home contracts cancelled.
"It felt like a stickup," said Lane Sharon, who signed a contract in July for a home to be built in Celina."We were told you either pay more money or lose your home." When Sharon did not agree to the new adjusted price, Our Country Homes exercised the builder's right to terminate clause in the contract and cancelled the deal.
Online, local home builder reviews include dozens of complaints about several North Texas home construction companies cancelling contracts, at times just weeks before closing.
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