Printer Friendly

PENNSYLVANIA RESIDENTIAL BUILDER MAKES BUYING A HOME FUN AND GAMES, EASES FIRST TIME BUYER ANXIETY THROUGH EDUCATIONAL BOARD GAME

PENNSYLVANIA RESIDENTIAL BUILDER MAKES BUYING A HOME FUN AND GAMES,
 EASES FIRST TIME BUYER ANXIETY THROUGH EDUCATIONAL BOARD GAME
 BLUE BELL, Pa., Oct. 8 /PRNewswire/ -- One of the biggest challenges for today's first-time homebuyers is travelling through the maze of the buying process -- from the down payment, affordability issues, closing costs, title insurance, mortgages and amenities.
 And while many seek the advice of family and friends who've already gone through the process or from books and experts in the field, there's often a great deal of anxiety and frustration over the many procedures involved, from gathering financial information to completing the paperwork.
 With this in mind, the David Cutler Group has decided to bring some fun into the homebuying process through the use of a new game called "Building The American Dream." The adult strategy board game for today's first-time homebuyer offers a fun-filled education on the many aspects of first-time purchasing -- from how to amass a down payment -- to what's involved with closing costs, income qualifications and more. The object of the game is to be the player with the greatest net worth by accumulating money, buying a home and then improving it with extra amenities.
 "In the 12 years we've been in the home-building business, we couldn't help but notice concern among first-time homebuyers -- a general unawareness and the need for more information on the buying process," said Cindy Mastronardo, director of sales and marketing for the David Cutler Group. "By playing the game in our model townhomes, where we get many first-time buyers, we're able to ease the stress for them, educate them about the steps involved in purchasing a home and make them feel more comfortable in the process."
 There are three phases to the "Building The American Dream" game, including the money strategy, banking and the neighborhood. In the money strategy stage, the outer ring of the board, the challenge is for players to accumulate money with which they then learn how to make a down payment on a house, pay closing costs, and select a home and amenities. The middle ring, the bank phase, takes players through the house inspection title search, closing and mortgage processes. Once a certain number of mortgage chips are collected, the player may proceed to their neighborhood. The third and final phase of the game is the inner ring, or the neighborhood. Once there the players acquire additional amenities, battle for power with neighbors, sustain financial ups and downs and begin to pay off their mortgage and fulfill the "American Dream."
 According to Mastronardo, prospective homebuyers can play the "Building The American Dream" game at the company's Montgomery Greene townhome community now selling on Stump Road in Montgomery Township, Pa.
 In addition, the company offers the following advice for those looking to buy a new home:
 -- Work with your builder or real estate agent to determine how much you can afford.
 -- Seek information on various areas you're considering from your builder, chambers of commerce, area bookstores and more.
 -- Choose a home for your lifestyle. If you're planning on expanding your family, look at a home that has "growing" room.
 -- Research your builder carefully. Call the local home-building association to seek references.
 -- Ask your builder to supply references from satisfied customers.
 -- Make sure you feel good about the sales people as well as the home when you walk into a model. You'll be working with these individuals for a while if you decide to buy.
 "Many people don't consider their builder as a strong resource for assistance in the buying process, but at the David Cutler Group we've got experts on staff to help with determining how much a buyer can afford, from monthly payments to taxes, what neighborhoods are the best, what home design and floor plan suits a prospect's needs, how to go to settlement and what to do after the sale," said Mastronardo. "We've helped over 3,000 families in the Delaware Valley successfully move into our homes."
 Anyone interested in learning more about the David Cutler Group and the "American Dream" game should call Mastronardo at 215-643-4470.
 Founded in 1980, the David Cutler Group has developed and sold more than 3,000 estate homes, executive homes and townhomes in Montgomery and Bucks counties, grown to over $100 million in net assets, and expanded to employ 2,000 people in sales, marketing and technical positions.
 The company's mission is to build the highest quality homes in the Delaware Valley priced lower than the competition with innovative features that meet the changing needs of today's diverse consumers. A privately held company, the David Cutler Group has completed 15 communities, is currently building 11 others and has land holdings for more than 3,000 future homes.
 /delval/
 -0- 10/8/92
 /CONTACT: Wendy Kapnek or Dava Guerin of Guerin & Kapnek Communications, 215-830-1441, or evenings, 215-641-9955, for the David Cutler Group/ CO: David Cutler Group ST: Pennsylvania IN: CST SU: PDT


MJ-CC -- PH010 -- 0357 10/08/92 10:14 EDT
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Oct 8, 1992
Words:830
Previous Article:ARTAGRAPH BEGINS PROCESS TO ACQUIRE PATENTS USED IN ITS FAMOUS ARTAGRAPH EDITIONS
Next Article:SK TECHNOLOGIES ROLLS OUT MARKETING PROGRAM WITH NCR AND ATV VARSERV(R)
Topics:


Related Articles
Dream homes for the rest of us.
HOWARD HANNA REALTY TO PROVIDE MARKETING SERVICES FOR TREESDALE
Educational Insights News Release
Coldwell Banker Residential Brokerage Now HBA's Biggest Realtor Member.
Pennsylvania Builders Association Offers Tips on Finding the Right Builder or Remodeler to Rebuild or Repair Your Home After Disaster Strikes.
Charter Homes best in class.
LeapFrog Expands LeapPad Family With New Dimensions, New Play Patterns and New Popular and Licensed Titles; Handwriting Recognition, Embedded -...
LeapFrog Announces the First Handheld for 4 To 8 Year Olds That Teaches Essential Learning Skills Though Animated Gameplay; New Leapfrog Platform...

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters