What to Expect from an Oak Creek Housing Consultant
Salespeople. The very word brings fear to the mind of most people. Many people dread working with salespeople out of fear of being taken advantage or of being lied to. At Oak Creek, we understand that purchasing a home is one of the biggest decisions of your life, and we’ve hired and trained our staff to approach their job differently than those at other companies. Here’s how:
Our people have two ears and one mouth and use them proportionately. In other words, we listen! We know you don’t want to waste valuable time so we ask the right questions to determine just which homes at our dealership would fit your needs. If we can’t find one there, we’ll get online and find the perfect home for you elsewhere in the company.
Our people get the best training in the industry. Every Housing Consultant (that’s right, we consider them consultants) is given a thorough 10-day class upon hiring to educate them on our homes and company. Then, they are given a battery of online classes and exams to further reinforce this knowledge. After that, they each spend 3 days in the Dallas/Fort Worth metroplex at our our two Texas manufacturing facilities seeing our homes built and observing each step of the process. Given all of this preparation, you can feel safe knowing you’ll be in good hands with an Oak Creek Housing Consultant.
We’re not pushy. We’ve got the facts. We’ve got the proof. We are confident you will come to the right conclusion without coercion or sales “silliness.”
So come meet one of our fine Oak Creek professionals. You’ll enjoy the process and feel good about your purchase. Most importantly, you’ll love your new home.
At Oak Creek, we DON’T watch our Weight
Every home builder will claim to build the best home for your money, and frankly, we won’t be any different at Oak Creek. We’ll tell you our homes are built stronger, designed better, more affordable and that we’re more committed to your satisfaction. But with all manufacturers making their own claims, how can you know who to believe? At Oak Creek, we strongly advocate PROVING everything we say about ourselves. If we claim we have higher resale value, we are going to show you an N.A.D.A. record. If we say we’ve got the best protection plan, we’re going to show you all of its coverages.
Oak Creek uses better and stronger materials when we build our houses, and more of them. This causes our homes to weigh more than other brands. How much? Sometimes SUBSTANTIALLY more. How do we know? More importantly, how do YOU know? By looking at Record Detail form, which is required by the Texas Department of Housing and Community Affairs. Obviously, all manufactured and modular homes must travel on the State’s highways and thus must be measured for weight. This document exists for every home and is available by request from any dealer who wants you to see them. At Oak Creek, we do want you to see them…they are proof that a whole lot more goes into our houses.
What Does High Resale Value REALLY Mean?
Oak Creek Homes prides itself on having some of the highest resales values of any manufactured home built in the country. This value is derived from the N.A.D.A., an organization that determines values not only for homes, but for cars, RV’s and motorcycles. They are the single most reliable source for appraisers, banks and independent buyers in determining just what someone should pay for a pre-owned manufactured home. Almost without exception, the N.A.D.A. feels that an Oak Creek Home is worth more than a comparably sized manufactured home built by one of our competitors.
But what does this REALLY mean? Obviously, it means you’ll get more money for your home if you eventually sell it or trade it in. But the better question to ask is WHY are our homes valued higher? The answer is because they are BUILT STRONGER. If a home is built like an Oak Creek, it holds together better over time, has fewer service issues and is thus considered a better long term investment.
So, when it comes time to choose the best home, don’t just take our word for it. Take the word of a third-party independent expert…the N.A.D.A. You will be glad you did.
American Homestar Corporation Celebrates 45th Anniversary
Factory-built manufactured and modular homes have evolved over the company’s forty-five year history but affordability and quality continues to be the common denominator.
Celebrating forty-five years in the single family housing industry is a milestone that few companies have achieved, especially in the factory built home segment. But that is exactly what American Homestar Corporation and its 665 employees are doing this year.
From humble beginnings in 1971 as a single model home center on Spencer Highway in Pasadena, Texas operating as Mobile America and featuring Mickey Gilley in their TV campaigns, the company grew to become one of the region’s leading manufactured home retailers. But when the oil boom went bust in the southwest in the 1980’s in order to survive, the company found it necessary to change its business model and go down a different path.
Company founder and CEO Buck Teeter recognized the market the company could serve was for REO services provided to lenders faced with liquidating manufactured homes whose owner’s had defaulted on their loans. According to Teeter, “we had the infrastructure and talent in place to serve this need and help the financial institutions reduce losses on foreclosed homes. We refurbished and re-marketed thousands of homes during this period helping not only the lenders but many home-buyers who were in need of affordable housing at a time when the job market and economy were really bad.”
The market in the southwest soon began a gradual recovery that accelerated quickly through the decade of the 90’s. During this period of rapid growth the company entered the manufacturing segment through mergers and acquisitions and soon had a presence in 28 states with fourteen plants, one hundred thirty five company home centers, eighty five franchise outlets and a large number of independently owned and operated home centers.
In 1995 the company formed 21st Mortgage a joint venture manufactured home financing initiative with a partnership that included Clayton Homes and several former management team members of their Vanderbilt Mortgage and Finance operation. It also entered the manufactured housing transportation business through an interest in Roadmasters Transit, one of the leading transporters in the country.
With the growth and expansion activities during the decade of the 90’s the company became fully vertically integrated through manufacturing, retailing, finance, insurance and transportation and grew to be one of the largest manufactured housing companies in the U.S.
In the 1998-99 timeframe the manufactured housing industry was severely impacted by its own financing melt down as subprime loans made by many lenders went into default. This caused the mortgage backed security market for manufactured home loans to all but disappear. With no secondary market for loans, the lack of affordable financing for entry level home-buyers created a dramatic drop in demand and caused the company to retrench back to its core southwest and south central markets with two manufacturing plants, twenty five company owned Oak Creek Home Centers, Western Insurance and American Homestar Mortgage.
In 2008 the company acquired a third manufacturing operation in Lynn, Alabama, Platinum Homes. It expanded its product offering by entering the modular home building and commercial structures markets and offering the industries first 7-year home protection plan.
Following Hurricane Katrina the company was called upon to assist in providing temporary disaster housing to hundreds of families. Hurricanes Katrina, Rita and Ike provided the company additional opportunities to provide permanent affordable factory built replacement homes across Louisiana, Mississippi and Texas. For families with low to moderate income impacted by Hurricanes Rita and Ike in Texas, American Homestar Corporation is currently building replacement homes under a program funded by Community Development Block Grants from the U.S. Department of Housing and Urban Development and administered by the Texas Department of Housing and Community Affairs.
According to founder and CEO Teeter, “while the modern energy efficient homes the company builds today bear little resemblance to the homes we built and sold forty-five years ago, one thing remains unchanged; the company’s commitment to quality and affordability.” American Homestar Corporation is primarily employee owned.
What Does It Take to Be an Oak Creek Sales Pro?
Let’s face it…there are thousands of sales jobs out there. You can sell vacuum cleaners, cars, sporting goods…the list is virtually endless. There’s only one way, though, to sell the true American Dream. That’s by selling HOMES. In Oak Creek’s case, the houses are manufactured and modular in nature. What’s the difference? The main one is cost. With the rising price of housing, this dream is becoming more and more out of reach for the typical person. That’s why factory-built housing is becoming a more popular alternative.
Of all the companies out there in this field, why choose Oak Creek? Because of its commitment to training, development and promotion from within. When it comes to training, we will start you off with 10 days of hourly online meetings followed by a 3-day class at our manufacturing facilities in Texas. Then, every week, you’ll receive continued education to keep you up-to-date and any and all product and market changes. We prepare you to succeed at Oak Creek, and once you do, we do our best to keep you. Many of our sales pros and managers have been with the company for five, ten, twenty even TWENTY FIVE YEARS.
Right now our biggest (but not only) need is for BILINGUAL salespeople. One of our fastest growing groups of buyers is Hispanic people and those who speak Spanish will be best prepared to serve them. If you’d like to learn more about an opportunity with Oak Creek, click HERE and visit our employment page.
72 Hour Sale is next weekend!
As you know, our dealerships display stock models so that our customers can get true sense of what are homes are like. Sometimes, pictures or one of our unique 360 degree tours are simply not enough. Because we frequently change our floor plans and decors, we occasionally must change out our inventories and when we do, the consumer is the winner.
Why? Because these homes become heavily discounted for short periods of time.
What’s the catch? There really isn’t one. These houses have full warranties and our 7 year Homeguard protection plan and typically show a minimum of wear. We just need to bring in the newest models and pass on tremendous savings to you to make that happen.
Which houses are included? Across our company, over 30 houses have been discounted for this weekend’s brief yet amazing “72 Hour Sale”. This include single, double and triple section houses as well as homes built to both the HUD and Modular building codes.
Thursday April 28 – Saturday April 30 , put those umbrellas away and come out to Oak Creek Homes for great weather and even greater savings during our once-in-a-lifetime 72 Hour Sale. You’ll be glad you did. Oh, and while you’re there, check out Oak Creek’s new Olympia Home, the most highly anticipated new model we’ve built in years!
We are looking for career driven sales professionals with a passion to win! $100k+ annual earnings are easily possible if you are dedicated, committed, and can work within a system.
Bilingual is a plus in this business. You will be matching potential home buyers with the home of their dreams. If you are a hard-working sales pro with a winning personality we want to hear from you! Visit our career page and submit your resume. http://oakcreekhomes.com/about-us/career-center/
The Oak Creek Difference
Why choose an Oak Creek home? This is a simple question but one of great importance. The choice of homebuilder can influence your life for decades to come and it should be made only after careful thought and consideration. There are several companies building manufactured housing in today’s marketplace, many of them providing a quality home at a competitive price. However, none of them can claim everything that Oak Creek can with regards to overall affordability, strength of construction, commitment to satisfaction and quality of design.
The first thing to know about measuring the true affordability of a home is this: affordability IS NOT simply a matter of price. Utility costs, resale value and repair expenses all play integral roles in how much money comes out of your pocket each month. Not only does Oak Creek claim to be the best home for your money in all of these categories, we can prove it. Click here for more info.
If a home isn’t built strong from it’s beginning, no warranty or promises can ease the headaches that come from chronic services problems and shoddy workmanship. At Oak Creek, our history of quality construction has resulted in the best reputation in the Southwest as well as the highest resale values in our industry. Otherwise, we wouldn’t be able to stand behind our houses with the industry’s best 7 year HomeGuard protection plan.
Speaking of HomeGuard, a company’s commitment is best defined by how they stand behind their product. Only Oak Creek offers an extended protection plan that covers not only structural components, but appliance, heating, cooling, electric and plumbing systems. Don’t be fooled by the competition’s claims to long warranties! The fine print will show you they aren’t worth the paper on which they are printed.
When it comes to home design, Oak Creek has long proven its ability to create incredibly inventive floor plans that provide modern touches and traditional. Furthermore, we give our customers to add virtually limitless personal touches through their choices of paints, floor coverings, cabinets and countertops. At Oak Creek, you truly get the opportunity to make your home one of a kind, just like you.
Financing a Manufactured or Modular Home
Less than 20% of people who buy a manufactured or modular home pay cash for their purchase. The rest require financing. In today’s lending climate (mostly due to 2013’s Dodd-Frank Act), the government has restricted the manner by which a builder can assist in arranging financing for a customer. Just the same, Oak Creek has access to most of today’s most popular and established lenders and is eager to facilitate the transaction in any way that’s legally possible. This article is intended to familiarize you with many (but not all) of the most common ways to finance your home.
For those who own their own land, regular mortgages (often backed by FHA and VA) are a common form of lending. In this approach, the land and home are tied together into a single loan package. Though mortgages often have lower interest rates, they do take more time to execute due to appraisals, mandatory waiting periods and other government regulations.
Chattel loans are a form of lending that is used for financing homes only. In other words, you are obtaining a loan for a home but not the land on which it is placed. Homes placed in parks and rental properties are common candidates for chattel financing. Though these loans often have higher interest rates, they are relatively quick and easy to execute.
Alternative financing, such as conventional land/home packages, is an efficient way to finance the home quickly while experiencing the benefit of tying in the land equity to achieve preferred terms. In addition, homebuyers are encouraged to use their own local banks if they prefer. Oak Creek will provide them any information necessary to process the loan transaction.
No other company offers as many financing sources as Oak Creek Homes but the first step in buying is picking out the home of your dreams. Fill out an appointment request now to meet with one of our representatives at your convenience.