BOGO Real Estate Deal Includes Free Car

Home builders are working incentives into deals to attract interested buyers

By Lacey McCraney
|  Thursday, Apr 21, 2011  |  Updated 8:19 AM CDT
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A north suburban builder is offering a sweet deal to help boost sales. Buy a home and get a free car.

KLM Builders is giving away a brand new $17,000 Chevy Cruze with the purchase of a new colonial home in Antioch, Richmond and Spring Grove, the Sun Times reports.

Homes at the Sunset Ridge Estates start at $170,000.

Other incentives also are being offered on properties in Wheeling and Bolingbrook.

In Wheeling, buyers can get $25,000 in free upgrades with the purchase of a $269,000 townhouse at the Millbrook Pointe development.

In Bolingbrook, buyers who purchase a home at the Patriot Place golf course villas can get free insurance in case they lose their job.

The incentives are meant to attract buyers in a weak market.

The Illinois Association of Realtors says sales in the Chicago metropolitan area dropped 15.6 percent in March from a year earlier for existing homes and condos. The median price fell more than 14 percent to $158,000.

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