Thursday, October 30, 2008

One Arizona Home Builder Has a Fresh Start

By Claudia Mackelprang

There's no doubt about it, we have all noticed it on a variety of products; crackers, sodas, chips cookies, candy the sentence; "new look same great taste." These days you could apply a similar label to Trend Homes, one of Arizona's leading home builders; "new company, new owners same great homes!" With Trend Homes recently being purchased by the private equity firm Najafi Cos, Trend Homes is on a mission to show that it is a fresh company without any of the old issues.

In January of 2008, Trend Homes after having the same troubles many of the Arizona home builders were having, was on the brink of having to close their doors and hang an out of business sign on the window. The problem was not because Trend Homes was building an inferior product, in fact just the opposite; Trend Homes was ranked Highest in Quality by Phoenix, Arizona Home Builders in 2007. The problems was simply that people were not buying homes.

Now within the ownership of the private equity firm Najafi Cos, Trend Homes has improved its appeal taking it beyond lovely homes in the Phoenix Valley but now offers incentives and programs that other Arizona Home Builders are not offering, including Pre-Approved Bank Short Sales; Trend has arranged with banks to Pre-approve short sales. With this guaranteed pre-approval, Arizona home buyers can now circumvent the would be lengthy waiting process of getting approval.

Alongside the many incentives and programs Trend Homes now offers homebuyers, Trend Homes, now under the ownership umbrella of Najafi Cos offers some of the most competitive interest rates available today. In addition, Arizona home buyers will now save up to 40 percent on new homes by taking advantage of the Pre-Approved Short Sale.

When the equity firm Najafi Cos purchased the two sister companies Trend Homes and Classic Communities in Jan. 2008, they also purchased the debt of the two companies. This provided the Arizona home builder a fresh start! Plus, with the new start that Trend had been afforded, Trend is able to offer savings, incentives and down payment opportunities which allow Arizona home buyers the opportunity for a start fresh also.

With the many transformations that have occurred at Trend Homes as well as Classic Communities since the purchasing of the two companies in January of 2008 by Najafi Cos, you'll find new programs available including the Paint for Your Down Payment program which permits Arizona home buyers to lower their down payment in exchange for painting their new home. This is a first of this type of program for Arizona home builders.

There are certain things that Arizona home buyers have come to expect from Trend Homes. And as a leader among Arizona's home builders, Trend Homes takes these expectations very seriously. Even with the change of owners, (Najafi Cos purchased Trend Homes in Jan. 2008) residents of Arizona can still expect the same things from Trend Homes they have always been able to count on; beautiful homes, made with quality products by skilled craftsmen. As a leading Arizona home builder, Trend is dedicated to YOUR satisfaction.

Owned now by the equity firm Najafi Cos as of Jan. 2008, Trend Homes has been given the credit which affords the company a fresh new start which is not only good for Trend, but is also good for Arizona home buyers as Trend is now able to provide things that other Arizona home builders can not including Pre-Approved Bank Short sales and low prices on homes foreclosed in Arizona. - 15336

About the Author: