Mockingbird Properties to Match Government's $7,500 Tax Credit with New Program
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MOCKINGBIRD PROPERTIES TO MATCH GOVERNMENT’S $7,500 TAX CREDIT WITH NEW PROGRAM
Company Offers Additional Discount at Town Home Community in Plano, Launches Web Site to Educate Prospective Homebuyers DALLAS (August 5, 2008) --Mockingbird Properties, a real estate investment company specializing in the acquisition and development of commercial and residential real estate properties, today announced the company will offer a $7,500 discount to match the government’s temporary tax credit for first-time homebuyers at Chase Oaks Village, a luxurytown home community in Plano. Designed to bring more focus to the housing stimulus bill signed last week, the program gives first-time homebuyers a $7,500 discount on the price of the town home, in addition to the bill’s $7,500 temporary tax credit, or interest-free loan payable over 15 years. The program also will offer benefits to those people who are not first-time homebuyers. “This new offering and our lease-with-option-to-purchase program help give both first-time homebuyers and existing homeowners the opportunity to purchase a town home with confidence,” said Mitchell Vexler, president and CEO of Mockingbird Properties. “These programs further demonstrate our dedication to building reasonably-priced homes and creating opportunities for our customers.” Today, the company also announced the launch of a new informational Web site, www.affordablehomesforamerica.com. Aimed at educating prospective homebuyers, realtors and the general public on the different factors affecting the availability of affordable homes in America, the site simplifies the major issues that will continue to impact the state of the housing market both nationally and locally.According to Vexler, the site contains straight-forward facts, articles and links with detailed information on housing and specific steps individuals can take to help preserve affordable housing in the future. For more information, visit www.affordablehomesforamerica.com.
About Chase Oaks Village
Chase Oaks Village is a community of brand-new luxury town homes located at 309 Metropolitan Drive in Plano, Texas. For more information about Chase Oaks Village town homes call (972) 517-1100 or visit www.chaseoaksvillage.com. About Mockingbird PropertiesMockingbird Properties is an innovative Dallas-based real estate company engaged in the acquisition and development of commercial and residential real estate, including retail and multi-use facilities, luxury condominiums and town homes. Formed in 1990, the company uses a focused approach to handle all aspects of the development process, from land acquisition to sale of the completed property. To concentrate expertise in both project management and property construction, Mockingbird Properties operates with two business units, Mockingbird Management Company and MAVEX Construction Corporation. For more information visit www.mockingbirdprop.com.
