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TO ENCOURAGE FAMILIES TO BUY
A NEW HOME
FLAHERTY BUILDERS INTRODUCES ‘BUILDING PEACE OF MIND’
PROGRAM
FRANKFORT, IL, March 17, 2008 – In an effort to
jumpstart the ‘psychologically’ timid homebuying market,
Flaherty Builders is introducing a new sales program that
will give people the confidence they are looking for to make
the leap and buy a new home. Recognized as one the areas
premier builders, Flaherty has a reputation of being
creative in their efforts to satisfy homebuyers’ concerns.
Flaherty’s new “Building Peace of Mind” program will offer
prospective homes buyers five unique options, to help remove
stress and give homebuyers some incentives that have real
world value.
“From a practical point of view, there is no logical reason
why people are not buying new homes. Interest rates are near
a three year low, employment is stable, and builders like us
have reduced our prices in response to the current market
conditions.” emphasized Mike Flaherty, president of Flaherty
Builders. “We know many families desire to buy a new home,
but are concerned about selling their existing home. Our new
‘Building Peace of Mind’ program is designed to alleviate
this uncomfortable situation.”
The “Building Peace of Mind” program is designed for maximum
flexibility, so that it can accommodate a variety of
potential homebuyers. Homebuyers may choose from any of the
five options offered :
1. “Existing Home Sale Plan ” – If a buyers’s existing home
doesn’t sell by the time they need to close on their new
Flaherty home , the builder will cover the buyer’s existing
mortgage and real estate taxes for up to 6 months for a
maximum of $3,500 per month. Given that is takes 6-8 months
to construct their new home, this option effectively gives
homebuyers more than one year (12 to 14 months) to sell
their home.
2. “Split The Difference Plan” – Flaherty will cover ½ the
difference between the asking price and sale price of a
homebuyer’s existing home up to a maximum of $20,000. The
home must be listed with a preferred realtor and the asking
price must be realistic in today’s market (verified by a
preferred realtor or appraisal).
3. “Realtor Commission Covered” - Flaherty will cover the
homebuyer’s realtor commission on the sale of their existing
home for up to $20,000. To qualify the home must be listed
with a licensed realtor of their choice.
4. “Get What You Want Plan” – Homebuyers can request up to
$25,000 worth of options/upgrades and Flaherty will pick up
the tab.
5. “More For Less Plan ” – Flaherty will subtract $20,000
off the base price of any new home in any of its eight
communities (individual lot sales excluded).
“We wanted our customers to be able to pick the option that
gives them the most benefit and reduces the anxiety they
might be feeling about buying a new home”, said Flaherty.
“We also believe this program will help existing home sales
by creating some interest in the resale market.”
With the “Building Peace of Mind” program, a Flaherty
homebuyer can pick any one of the five options when
purchasing a new home in Flaherty’s communities in
Frankfort, New Lenox, Orland Park and Lemont.
With 30-year-fixed rate mortgages available at terms not
seen since early 2004, combined with builders looking to
negotiate the price on their new homes, today is an ideal
time to make plans to buy a new home. The housing market
correction we see today is temporary and buyers should take
advantage of the opportunity to lock in today’s favorable
new home pricing and mortgage rates.
"This financial ‘chance of a lifetime’ has snuck up on our
lucky homebuyers. While focusing on the negative chatter
broadcast by the media, most families didn’t notice the
great pricing opportunities offered by builders like us nor
the unbelievably cheap 30-year fixed rate mortgages that are
now available," said Mike Flaherty, president of Flaherty
Builders. “Stable housing costs combined with low, low
mortgage rates mean great home buying opportunities for all
families."
The exclusive Townhomes of Abbey Woods in Frankfort are set
in clusters of 2 to 3 unit buildings along curvilinear
streets, amidst trees and professionally installed
landscaping. The ranch and two-story townhomes will range in
size from 2,225 to 2,800 square feet and are base priced
from $449,900 (subject to change).
Also in Frankfort, Flaherty offers customizable, move-up
single-family homes in two communities, Suttondale and Misty
Falls. These ranch and two-story brick homes offer 2,700 to
4,000 square feet of luxury living space are priced with
many standard high-end amenities from $399,900 to $515,900
(subject to change).
In New Lenox, families have two single-family home
communities to choose from with ranch and two-story homes
providing 2,200 to 4,000 square feet of customized living
space for a starting price of $379,900 in Jacob’s Field and
$399,900 in Rachel Ridge (subject to change).
For those looking for a 100% custom home, Flaherty can build
a one-of-a-kind dream home in three locations, Ashington
Meadows in Frankfort, Ruffled Feathers in Lemont or Deer
Haven in Orland Park.
Families seeking more information about Flaherty Builders’
communities or the new “Building Peace of Mind” program can
call (708) 479-4497 or visit www.flahertyhomes.com.
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