Potential homebuyers are understandably skittish about making a move.
Record job losses and a looming economic crash do not make a good environment for home buying.
A North Texas builder is hoping to assuage consumers’ fears by offering a mortgage payment protection plan.
Megatel Homes — which has projects throughout the Dallas-Fort Worth area — is agreeing to pay up to six months of mortgage payments if a new homeowner loses his or her job after the purchase.
“Most of the people coming into our model homes were evading buying a house now because they could lose their jobs,” Megatel co-founder Zach Ipour said. “That’s a concern a lot of people have that currently have a job — what if they get laid off three