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COVENTRY HOMES EXTENDS INCENTIVE THROUGH AUGUST

Posted by Viktoria Dolinaj on August 3, 2023
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Houston, TX (Aug. 2, 2023) – Coventry Homes is offering Houston homebuyers another opportunity to lower costs associated with buying a new home by extending a popular incentive through the end of August.

During the Buyer’s Choice Sales Event, Aug. 1-31, Houston-area buyers who use the builder’s preferred lender and title company can choose from three financing options — an interest rate buy-down, extended interest rate lock or paying no closing costs — when they purchase a new Coventry home.

People are still looking for ways to get the home they want while saving on costs. One of the best ways to do that is by helping them lower their interest rates or relieving them of paying their closing costs. That’s why we decided to extend this incentive for another month.

– Paul Blackburn, Division President for Coventry Homes

The incentive allows homebuyers to lower their costs over time by choosing a rate buy-down or an extended rate lock. They can save money up front by choosing to let Coventry Homes pay their closing costs.

Interest rate buy-downs can help home buyers pay less interest over the life of their loan and save on monthly payments. An extended interest rate lock allows buyers to cap their interest rate for an extended period of time.

Closing costs are due when the final paperwork is signed. In Texas, they 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 helps buyers keep more money in their bank account for other items they might need to purchase after move-in.

Coventry Homes builds in 25 Houston-area communities, including Grand Central Park in Conroe, Coastal Point in League City, Sienna in Missouri City and Cane Island in Katy. Homes are priced from the $280,000s to more than $1 million.

To learn more about Coventry Homes, visit coventryhomes.com.

About Coventry Homes

Coventry Homes has built more than 55,000 homes in the four major Texas markets – Houston, Dallas-Fort Worth, Austin and San Antonio – since 1988 and is consistently ranked among the nation’s top homebuilders. Stunning homes coupled with unparalleled functionality and livability are trademarks of Coventry Homes’ exceptional award-winning designs. Adding to that excellence in craftsmanship is a reputation for flexibility to easily meet buyer needs, as well as a deep commitment to customer service, a pledge that consistently earns the company a 98 percent customer recommendation rating. Coventry Homes offers an array of innovative floor plan designs, and its “Built Around You” philosophy allows buyers to customize their homes for their own individual tastes and needs. For more information, visit coventryhomes.com.

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