Thursday, October 30, 2008

An Arizona Home Builder Gets a New 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.

As 2008 began, Trend Homes after undergoing much of the same dilemmas many Arizona home builders were being forced to undergo, was close to having to hang an out of business sign on their front door. The problem wasn't because Trend Homes was building inferior homes; in fact, the opposite is true; Trend Homes was ranked Highest in Quality by Phoenix, Arizona Home Builders in 2007. People simply were not buying homes.

Under the ownership of the private equity firm Najafi Cos, Trend Homes has increased its appeal beyond beautiful homes across the Phoenix Valley but now offers programs that other Arizona Home Builders do not, including Pre-Approved Bank Short Sales; Trend has teamed up with banks to Pre-approve short sales. With this pre-approval, home buyers can avoid the otherwise 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.

Among the many changes that have taken place at Trend Homes and Classic Communities since they were purchased in January of 2008 by Najafi Cos, you'll find the Paint for Your Down program which is a program that allows Arizona home buyers to reduce their down payment in exchange for logging some hours with paint brush in hand painting their new home. This type of program is a first for Arizona home builders.

There are specific things that Arizona home buyers expect from Trend Homes. And as a leader among Arizona's home builders, Trend Homes considers these expectations to be very serious. Even with the changing of ownership, (Najafi Cos bought Trend Homes in Jan. 2008) residents of Arizona can and should still expect the same things as they always have from Trend Homes. They can still count on; beautiful homes, made with quality products by skilled craftsmen. As a leader among Arizona home builders, Trend is committed 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.

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