I Met With DR Horton Home Builders
Here is what I learned.
D.R. Horton, Inc. is one of the largest home construction companies in the United States. The company was founded in 1978 by Donald R. Horton in Fort Worth, Texas and is headquartered in Arlington, Texas. D.R. Horton builds single-family homes, townhomes, and condominiums in various price ranges across the United States, including Fort Wayne, IN and surrounding communities.
The company’s niche is building new homes that are competitively priced with pre-existing homes. Traditional new builds are currently priced much higher than pre existing for the same square footage in our market.
DR Horton is able to keep prices down for a few reasons. First is their vendor and supplier chains. Being among the largest builder in the country means they have negotiated supplier contracts and highly streamlined vendor relationships. Second, their focus locally is on 5 specific home models they build so efficiently, there is literally no scrap in the construction process.
While the upside is competitive pricing with pre existing home sales, the one down side for some buyers would be the lack of options. Streamlined construction and limited models means predefined decor, mechanicals, and appliances.
All their homes come with a 2 year workmanship and 10 year structural warranty. Every home employs Smart Home Technology. Every home is equipped with Whirlpool kitchen appliances. Lots are completely landscaped.
They also have in-house financing options through DHI Mortgage which currently include a $4,000 closing cost assistance program. Currently, DR Horton is also buying down percentage points on their mortgages. As of this writing, rates on a 30-year fixed rate mortgage are around 6.9%. After the buy down, you are starting at 4.9%. They also offer a 2-1 Buy Down option which shaves 2% off that rate (or 2.9%) in year 1, and 1% off that rate (or 3.9%) in year two before fixing at 4.9% for the remainder of the term.
DR Horton is not for everybody. But if you are looking for quality new home construction, worry free warranty, phenomenal financing options, and competitive pricing, give me a call and let’s schedule you in for a consultation.
Why Does Re/MAX Results Stand Out Among the Competition?
Simply put: Relationships. We pride ourselves not only in our professional service but more importantly in the personal touch we bring to our business. Has an agent/lawyer/contractor/vendor ever treated you like you were just another paycheck? The reason our clients come back time and again and refer all their friends and family to us is because they know we are part of the family.
Genuinely caring about the people we serve enables us to do things other agencies can’t. Rest assured, we will ALWAYS have your best interest at heart and work vigorously to get you the best deal possible on your home or business. The relationships we build with our clients enable us to work 100% by referral. The reason we are able to give top notch service to our clients is because our clients refer us a constant stream of quality family and friends to assist in their real estate needs. While other agents are out making cold calls and chasing “potential” leads, we are freed up by our referral base to service our clients like no other broker can. We are never too busy for your referrals!
Want to experience the difference for yourself? Call or text me today at 260-579-1516.
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Are you or someone you know considering a home purchase? Don’t hesitate to call or text me, Michael Archbold, at 260-579-1516 and I will connect you with the best mortgage professionals in the business who can get you your score, discuss ways to improve it if necessary, and put you on the path to home ownership. Click here to read more about our Buyer Services. Click here to browse listings NOW! Looking to sell your home? Call today to set up an appointment to begin developing your customized marketing plan. Click here to read more about our Seller Services.
Hoosier Home Listings by RE/MAX Results is a full service real estate Web site serving Northeast Indiana. We assist residential and commercial clients in locating, buying, and selling real property in the State of Indiana including but not limited to the counties of Allen, Huntington, Wells, Adams, Whitley, Wabash, Kosciusko, Noble, Dekalb, Lagrange, Steuben and cities including Fort Wayne, Decatur, Bluffton, Huntington, Warsaw, Columbia City, Butler, and Angola. RE/MAX Results is an Equal Housing Opportunity company.
Hoosier Home Listings – I Met With DR Horton Home Builders…
… brought to you by Michael Archbold, Hoosier Home Listings, and RE/MAX Results.
The consummate professional, Michael Archbold (Associate Broker, REALTOR, ePro) brings a diversified background to the world of real estate. Born and raised in Fort Wayne, Mike graduated Wayne High School in 1992. He received bachelors degrees in Accounting in 1997 from Indiana University and Information Technology in 2005 from Indiana Wesleyan University. Mike comes to Re/MAX with more than 20 years of experience in sales and accounting. He began his career in real estate in 2000 as an investor.