Pageantry Homes' zero down, zero closing costs and zero payment for 12 months program at its Pebble Crossing and Wine Ridge Estates developments was launched last year. According to Michael Cox, sales and marketing director for Pageantry Homes, it has resulted in more than 85 home sales.
The developer has added two new optional features to the program. The first option is zero down, zero closing costs, zero payments for 12 months plus 50 percent off the house payment for the second year. The second option is zero down, zero closing costs and 50 percent off the house payment for three years, according to Cox.
"With our program's new flexible options purchasing a Pageantry home is now even easier for potential home buyers," Cox said. "The flexibility is highly beneficial, since it helps buyers grow into their mortgage payments while still becoming owners of a single-family detached home."
The loan program is available to buyers who qualify with Pageantry's preferred lender.
Wine Ridge offers three floor plans ranging from 1,793 to 2,204 square feet. Pebble Crossing's three floor plans range from 2,107 to 2,287 square feet. Both are priced from the $300,000s.
"Pageantry is proud of the reputation that we've built as a niche builder that creates unique programs that makes housing more affordable for Southern Nevadans," Cox said. "We are constantly looking to develop with new programs and options that will enable even more people discover the joy of homeownership."
According to Cox, each qualified buyer completes an educational process designed to help them prepare for the time when 100 percent of the mortgage payment becomes the home owner's responsibility.
"For many people the financial adjustments that come from buying their first new home can be a very difficult process," he said. "The program we offer helps make buying a home something that they can ease into, while building up savings and learning how to budget properly."
For more information about the company's loan program, call 492-7200 for Wine Ridge Estates or visit the welcome home center at 9076 Vintage Wine Ave.
For Pebble Crossing, call 458-4200 or visit the welcome home center located at 8787 Sylvia Beach Ct.
For more information about other homes offered by the builder, visit pageantryco.com.