October Sales Event Offers Big Savings
October 2, 2023
Think a beautiful Coventry home is out of your reach? It’s not, thanks to our Fall Savings Event.
From Oct. 1 to 31, you can save up to $88,088 off the price of select homes in the Houston area. On top of that, if you use our preferred lender and title company, you’ll receive your choice of three different financing incentives — an interest rate buy-down, extended interest rate lock or paying no closing costs.
You may remember we offered this promotion for a week in September. It was so popular, we decided to extend it for an entire month, giving you plenty of time to fall in love with a home.
You can save even more money up front by choosing the no closing costs option. Closing costs are due when you finalize your paperwork and get the keys to your new home. In Texas, closing costs average 2 to 3 percent of the cost of a home. For a $300,000 home, closing costs can run from $6,000 to $9,000. Paying no closing costs keeps more money in your wallet so you can buy nice things for your new home.
If you prefer to save money over the life of your loan, we have two options you will love.
An interest rate buy-down allows you to pay extra money to get a lower rate interest for a certain number of years. Interest rate buy-downs can help you pay less interest over the life of your loan. An extended interest rate lock allows you to cap your interest rate for an extended period, protecting you if interest rates rise before the home closes. Lower interest means lower monthly payments.
No matter which option you choose, you are sure to save. Now, who wants to go hunting for a new home this month?