In celebration of Memorial Day, LGI Homes is offering huge savings this Friday, Saturday, Sunday and Monday only! Come out this weekend to a LGI Homes community and receive $5,000 off the purchase price of a new home at the LGI Homes Memorial Day Sale.

With mortgage interest rates at historic 52 year lows there has never been a better time to purchase a new home. LGI Homes has new homes available and ready for immediate move in. Purchase this weekend at the LGI Homes Memorial Day Sale and you could be moving into your brand new beautiful home in 30 days or less.

Call today to set your appointment to come see the great deals offered this weekend at the LGI Homes Memorial Day Sale.

Canyon Crossing – San Antonio, TX | Deer Creek – S Fort Worth, TX | Chisholm Springs – N Fort Worth, TX | Creekside Village – N Houston, TX | Sunrise Meadow – S Houston, TX

For the past 5 years, LGI Homes has been recognized by Builder Magazine as one of the top home builders in the United States.  Moving up 11 places from 2008, LGI Homes was recently ranked No. 57 on Builder Magazine’s 2009 Builder 100 List.  This list determined based on closings and is made up of both private and public builders.  LGI Homes continues to stand out year after year by providing quality homes at affordable prices to new homebuyers. 

LGI Homes features three, four and five bedroom floor plans with two bathrooms on over-sized lots. Every home comes with quality appliances, custom cabinets, a fenced backyard, front yard landscaping and a homeowner warranty.

In addition, all LGI Homes are built with thousands of dollars worth of upgrades already included at no extra cost to you in desirable locations that are perfect to fit the needs and desired lifestyle you dream for your family. 

Call or visit one of our beautiful LGI Homes communities today and see how you can own a new home for as little as $629* a month with no down payment required.

Canyon Crossing – San Antonio, TX | Deer Creek – S Fort Worth, TX | Chisholm Springs – N Fort Worth, TX | Creekside Village – N Houston, TX | Sunrise Meadow – S Houston, TX

Did you know the government is giving away $8,000 to all First Time Homebuyers who purchase a new home by April 30th? That is right the government will give you $8,000 to purchase a new home but this is your final weekend to buy. Time is running out! Don’t miss out on this opportunity.

If you are considering the purchase of a new home, the time to act is now!  LGI Homes has the perfect home available so you and your family can take advantage of this great opportunity. Make your appointment today to see the great new floor plans and upgrades we now offer in each and every one of our beautiful new homes.

As you can see there has never been a better time to buy a new home. Call today and you too can own a brand new home for as low as $629 a month with no down payment required. Call today and make your appointment to come out this weekend to take advantage of the $8,000 First-time Homebuyer Tax Credit before it expires on April 30, 2010.

Take these steps on the Spring Checklist provided by LGI Homes to keep your new home in tiptop shape and to freshen it up each Spring:

SPRING CHECKLIST

• Change Furnace Filter (Monthly)
• Check Smoke and Carbon Monoxide Detectors
• Clean Aerators on Faucets and Shower Heads
• Inspect Air-Conditioning Unit for Proper Operation
• Inspect Backsplash Caulking and Re-Caulk as Needed
• Inspect Shower and Tub Caulking and Re-Caulk as Needed
• Test GFCI receptacles
• Inspect Exterior Paint, Stain or Siding, Putty & Caulking
• Clean Fins on Outside AC Condensing Unit
• Check Drainage Swales for Proper Rain Water Flow
• Check for Evidence of Termites
• Inspect the Roof and Roof Vents
• Re-Seal Wood Fences

Time is running out. Don’t miss your last chance for the $8,000 home buyer tax credit. If you are considering the purchase of a new home, the time to act is now!

LGI Homes is the leader in affordable housing for First-Time Homebuyers.  With over 100 homes currently in inventory in the Houston, San Antonio, and Fort Worth areas, LGI Homes has the perfect home, move-in ready, so you can take advantage of this great opportunity.

You have a limited time to take advantage of this Tax Credit. Take the first step towards homeownership and visit one of the beautiful LGI Homes communities today. 

Don’t Miss Out!  Take advantage of this limited time offer.

Time is running short for people who want to take advantage of the homebuyer tax credits.  There are two homebuyer federal income tax credits: the first-time homebuyer tax credit of up to $8,000, and the move-up homebuyer tax credit of up to $6,500. Both come with deadlines.

To collect either tax credit, buyers have to have homes under contract by April 30. That means that both buyer and seller must have signed the purchase contract by that date. After that, there’s another deadline: The transaction has to close by June 30.  If you want to collect the tax credit, don’t wait until the last half of April to begin looking for a house. Yes, it’s possible that you could do it all in a couple of weeks: find a house that you like, negotiate a price and secure mortgage financing. Possible, but not probable.

“Don’t wait till the last minute, and be prepared to stay on top of things from the very outset,” says Neil Garfinkel, a lawyer with the law firm of Abrams Garfinkel Margolis Bergson LLP, on New York’s Long Island. 

Above is a timeline for homebuyers who want to complete the transaction on time to collect the federal income tax credit. The following dates aren’t ironclad; the real estate agent, lender and title company will know if you need to deviate from this timeline because of your situation or location. Use this timeline as a general guide and as motivation to take action quickly.

Above all, let everyone — from the lender to the seller to the inspector — know about your deadlines.

[Read the entire article]

At LGI Homes we include thousands of dollars worth of upgrades in each and every new home we build at no extra cost to you.  Raised six panel doors, brushed nickel hardware and fixtures, rounded corners, custom built cabinets, and vaulted ceilings are just a few of the features included in every LGI home.  

At LGI Homes we build quality and value into every new home.  Call us today at one of our four locations, or visit us online to find out more about the incredible upgrades that come standard with every beautiful new home we build.

Canyon Crossing – San Antonio, TX | Deer Creek – Fort Worth, TX | Creekside Village – N Houston, TX | Sunrise Meadow – S Houston, TX

It’s no secret that in today’s shaky housing climate, many are shying away from buying a new home – whether they have previously owned a home or not. So in response to the plummeting numbers of new home sales, many builders have developed internal programs that cater to buyers in need of an extra hand. One such builder is LGI Homes, a Texas homebuilder responsible for some of the most tranquil, pristine communities you’ll find west of the Mississippi.

 What types of programs do they offer? Two stand-out offers come to mind: first, a credit counseling program that provides buyers with a free credit report and mortgage analysis. The mortgage process does not begin until the buyer and consultant are both clear on the details: how much home the buyer can afford, and all other pertinent financial details. In an era where unscrupulous lending left many current and former homeowners deceived and dissatisfied, policies like these are a buyer’s dream come true.

Second, LGI Homes features a no money down offer, which allows buyers to protect their savings accounts and move them into their homes more quickly. This makes the option of paying a mortgage, versus paying a rent, a whole lot more appealing! Sound like something that’s only reserved for the upper echelon of buyers? Guess what: LGI Homes wants buyers to know that qualifying is easier than they think.

Of course, every family’s situation is different; but you’ll never know what your options are until you inquire. If you’re in the market for new homes in Texas – specifically, homes for sale in San Antonio, Houston, or Fort Worth – you may want to add an LGI Homes community to your list of visits. Contact the LGI Homes community location that interests you the most; and have fun with the process! [Read this Article]

Source: NewHomesDirectory.com

By:  John Caulfield, Builder Magazine

Recessions have a way of separating winners from losers. And as the housing market inches closer to recovery, indications about which companies are likely to survive or fail become clearer.

Some companies are exploiting the economic downturn to strengthen their competitive positions. Others have used the recession to reinvent themselves. And a handful of new builders and suppliers have entered the market either to create new demand or to fill voids vacated by companies that have tripped or fallen. The following list of companies to watch this year includes builders and suppliers that are poised to take advantage of an economic upswing or, at the very least, stay ahead of the pack if the recession lingers.

LGI Homes, Conroe, Texas

ON THE MOVE. LGI Homes’ business model is to convert renters to first-time buyers with aggressive marketing and affordable products. The builder expects to close 600 homes in Texas this year.

Something unexpected happened at LGI Homes in 2009: Its revenue and closings went down for the first time in four years.

The company—which in 2008 was the only builder among the top 200 that reported sales and closings gains—closed 425 homes last year, versus 476 the year before. The problem wasn’t demand, according to president Eric Lipar. “It was just harder to get buyers approved for loans,” he says.

While closings were off, LGI Homes ended 2009 with its sixteenth consecutive profitable quarter. “We made $5 million [in 2009], our gross margins were up, and our costs per sales were down,” says Lipar.

LGI’s business model is to convert Texas renters into first-time buyers. It methodically sends out flyers to apartment dwellers within 30 miles of its subdivisions and keeps its sales offices open for nearly 12 hours each day, seven days a week.

This formula is working again at the company’s newest subdivision, which is also its fourth and is located in South Fort Worth, where LGI Homes picked up 210 completed lots on which Sovereign Bank had foreclosed. The bank not only helped finance that acquisition, but provided $3.5 million in construction loans. LGI Homes also raised $2 million from private equity sources, which Lipar says made that deal possible.

In mid-December, Lipar said LGI Homes had sold 15 homes in South Fort Worth and had 15 others under contract. He’s now projecting 600 total closings for 2010, when his company will have a full year of selling under its belt in that subdivision, and expects to add new neighborhoods in Houston and the Dallas-Fort Worth markets.  [Read the entire article.]

Source: BuilderOnline.com

This Tax Credit applies to homes contracted for sale between November 7, 2009 and April 30, 2010 and close by June 30, 2010.

They call it a tax credit, but it is really cash to you. When you submit your tax return you simply fill out a form to show you qualify for the credit and attach proof of purchase for the home. Then you get to take up to $8,000 right off your taxes.  Say you only owe $2,000 in taxes then you get the balance back from the government.  If you are already receiving a refund this credit will be added to the refund amount you receive.  Best of all this tax credit does not have to be paid back.

With today’s historic low interest rates hundreds of families are finding they can own a brand new home for less than they are paying in rent.  At LGI Homes we have new homes starting as low as $599 per month.

LGI Homes is the leader in affordable housing for First-Time Homebuyers.  With communities in Houston, San Antonio, and Fort Worth, LGI Homes has the perfect home for you and your family available for immediate move in. 

You have a limited time to take advantage of this Tax Credit. Take the first step towards homeownership and visit one of the beautiful LGI Homes communities today. For details and additional information on the Federal Homebuyer Tax Credit, visit FederalHousingTaxCredit.com.

Don’t Miss Out!  Take advantage of this limited time offer.

This Tax Credit Extension video, put out by www.WAhomeowners.com, explains the changes in an easy and entertaining manner.  Follow Bob and Sally as they learn more about the changes to the Tax Credit and how they can take advantage of it.

Additional articles regarding the $8,000 First-Time Homebuyer Tax credit from LGIHomeBlog.com:

First-Time Homebuyer Tax Credit is Extended and Expanded!

http://lgihomesblog.com/index.php/2009/11/first-time-homebuyer-tax-credit-is-extended-and-expanded/

How the New Homebuyers Tax Credit Works

http://lgihomesblog.com/index.php/2009/11/how-the-new-homebuyers-tax-credit-works/

Previous Adventures of Bob and Sally

http://lgihomesblog.com/index.php/2009/10/time-is-running-out-for-the-8000-first-time-homebuyer-tax-credit/