Episode 1 | So Your Home Builder Goes Bankrupt, Now What?
Dealing with a bankrupt builder is not something anyone thinks about when they go to build their dream house. But the effects of a builder bankruptcy on a homeowner can be devastating, far-reaching, and can last far longer than just during the building process. Join Kayla Gustafson as she dives into the nitty gritty of what happens when home builders go bankrupt - the process, reasons for builder insolvency, and the impacts of liens, and home warranty changes on homeowners. Once you know what could happen, she’ll teach you what to look out for when searching for a responsible home builder with strong business ethics and acumen who runs an excellent business and is less likely to go bankrupt. She’ll show you how to vet a builder so you’re protected, and if you ever do find yourself amid a builder bankruptcy situation, this podcast should help provide you some steps to navigate it.