WestWind Homes award-winning builder makes home ownership possible for Laredo, McAllen, Edinburg and Weslaco residents with its Home Buyer’s Club Program.
What Is The Home Buyers Club Program?
For many Texans residing in Laredo, McAllen, Edinburg, and Weslaco, the dream of homeownership seems to be impossible. The home buyers club changes that.
Perhaps their credit isn’t perfect, or they have none, or they have been turned down by builders. Whatever their circumstances, their hopes have been crushed.
For those families, The Home Buyers Club is the pathway to home ownership. For more than 20 years, WestWind Homes has been helping families with less-than-perfect credit afford beautiful homes in thriving communities. The Home Buyer’s Club provides clear credit mentoring that leads to home ownership. Clients receive access to credit experts and lenders who work with all types of credit situations. Thousands of families have moved into homes when they never thought it would be possible.
How Does It Work?
It all starts with your credit score. When you first apply to purchase a home through us, we pull your credit score. If it’s too low to qualify, then we place you in the Home Buyers Club. An expert will work with you over the next 90 days to improve your credit score. This could include everything from paying off old debts to increasing the available balances on your credit cards. It all depends on what your particular credit issues are – the program is as custom as our homes.
What Are the Perks for Completing the Program?
Once you enter the Home Buyers Club, we have you choose the house and options that you’d like in it. We begin constructing the house, which generally takes around 90 days. By that time, your credit should be in better shape, if you follow our credit expert’s instructions, and you’ll qualify for the loan for your new house. To put it simply: the most important “perk” of the program? You end up with a brand new house and an overhauled credit score. In fact, we have such trust in our program that we give participants $1,000 to put towards the down payment on their WestWind Home.
One Home Buyer’s Club Member’s Success Story
Lance Price, Laredo Division President shared what happened when the Obregon family worked with WestWind Homes. Mr. and Mrs. Obregon wanted to buy a home, but their credit wasn’t great. Also, they didn’t have enough money saved for a down payment.
They talked to a Home Buyer’s Club representative about their situation. Together they built a custom program to improve their credit score and save for their down payment.
“My experience with WestWind Homes was one of the best I’ve had when it comes to purchasing a home!” said Ms. Obregon, “The credit repair department was exceptional in helping us with our credit score to qualify in buying our new home! The service was fast & stress-free.”
In less than two months, the Obregon family increased their credit score by seven percent and received loan approval. They also saved enough money to buy a WestWind home with down payment assistance.
Reward Yourself With Our $1,000 Incentive
WestWind Home builder is committed to the residents of the Laredo, McAllen, Edinburg, and Weslaco communities and wants to make homeownership as easy as possible for them. And that’s why it offers a monetary incentive.
Upon completion, the participants are rewarded with a $1,000 incentive to apply toward their WestWind Home down payments.
Award Winning For Excellence In Energy Efficiency
Once again, WestWind Homes has been the recipient of the 2017 AEP Texas High-Performance Home Program Award for Highest Cumulative Savings for its excellence in building energy efficient homes offering the best savings to the residents.
Since 1993, and way ahead of most builders, WestWind Homes has been building Energy Star Award-winning homes and incorporated modern, energy saving products to reduce the homeowners’ energy costs and save them money without sacrificing comfort. WestWind Homes has been recognized as a pioneer in the home building industry.
All the homes are inspected and certified by a third party, independent Certified Energy Rater to obtain its Home Energy Rating System (HERS) Index. The homes have consistently received a 5-star rating.
The Energy Star program run by the United States Environmental Protection Agency. Why is that important? Energy Star homes are cost-efficient and contribute to the reality of owning an affordable home long after the sale is closed.
Financial Wealth Through Home Ownership
Financial experts list home ownership as one of the keys to financial growth. In the best-selling “The 9 Steps to Financial Freedom,” Suze Orman listed it as vital to financial and emotional health. However, buying a home can be tough.
Experts say that you need a team of professionals and a trustworthy realtor to take you through the steps. The process sounds endless, from house hunting to applying for a loan and finally signing the papers. The Home Buyers Program simplifies the process, especially for first time buyers.
From Renters to Homeowners
WestWind Homes, an Award Winning home builders since 1993 in Texas understands the dream of homeownership can seem impossible to reach. The task can seem particularly daunting if you have been a renter all your life. Even once your house hunt is over and you have made your selection, the process of gathering the paperwork is lengthy.
However, it is worth it. “Owning a home is one of the most direct ways for a family to build long-term wealth. It acts like a forced savings account and builds long-term security,” says Jonathan Arthur, RGV Division President, WestWind Homes. “Instead of paying your landlord, you can invest in yourself. Pay yourself through paying down a mortgage on a house.” Research conducted by the Joint Center for Housing Studies at Harvard University concluded that homeowners experience more substantial growth in wealth than renters, regardless of socioeconomic class.
Benefits of Buying vs. Renting
Renting has little to no return on investment. Some of the benefits of owning a home can be summed up as follows:
- A mortgage can be a fixed expense. Mortgage payments can be fixed while rent goes up every year, leaving the renters at the mercy of the landlord and subject to financial downswing.
- Long-term stability. Equity in your home can be a financial resource later when you no longer can rely on a paycheck. Pay off your mortgage during your working years and go without a house note in retirement.
- Builds Wealth Faster. You could create wealth without paying capital gains if you made the profit selling your home of more than two years. With stocks, you could be required to pay 15% of the total earned in capital gains tax. In other words, the more money lines your pocket, the faster you can build wealth.
- A financial Cushion. For individuals who struggle with saving money, having a mortgage can act as a forced savings account and create a financial cushion that renting cannot.
WestWind Homes knows the challenges faced by first-time home buyers and has developed a program that specifically addresses the needs of the credit-challenged. For decades, the builders have helped renters become homeowners.
Residents from Laredo, McAllen, Edinburg, Hidalgo, and Weslaco who have completed WestWind Home Buyer’s Club Program. They often find themselves moving into a home of their choice and improving their financial wealth within a few months. That sets them on an economic path created by better spending habits to benefit them for a lifetime.