Taylor Morrison's new home buyer contracts now include a 'sunset clause' that can void your deal and raise your monthly payment by an average of $425
Homebuyers are crying foul after Taylor Morrison started slipping a "sunset clause" into standard purchase agreements—a buried provision that lets the builder back out of your contract if mortgage rates spike or budget estimates shift, leaving you scrambling for a new home and hitting your wallet with higher costs. Industry experts warn this isn't just a one-off: the clause is popping up nationwide, effectively tying your financial stability to interest rates that could jump any day. For the average family, that means a gap of up to $5,100 more per year on a new mortgage if you're forced to re-buy at current market rates. Consumer advocates say this is a stealth premium that risks locking you out of your dream home while Taylor Morrison protects its own bottom line—so read contracts like a hawk before signing anything.