For most families, their home is their greatest financial asset.
Whether families want to buy a home built by Isles or one on the private market, Isles can help out with the entire process — from establishing credit and building savings to creating a budget and finally to finding a home, buying it, and maintaining it over time. Isles also helps families avoid foreclosure.
Counseling: Certified by the U.S. Government’s Department of Housing and Urban Development as a counseling agency, Isles helps prepare first-time homeowners to take this big step and offers assurance to lenders that they are ready to assume this responsibility. Isles also provides new homeowners with counseling after the purchase.
Home purchase: On a first-come-first-served basis, buyers can purchase new, energy-efficient homes built by Isles. Because these homes either meet Energy Star Plus ratings or go even further,
they are especially low cost, valuable and easy on the environment. Isles has built large, affordable micro-load homes in historic neighborhoods. Some large homes built by Isles have utility costs of under $80 per month year round — with the help of thermal and photovoltaic solar panels and super efficient technology.
Home resale: Because Isles brings tens of thousands of dollars in public and private funding to each home we build, some homes have resale restrictions for a period of time. Once the restrictions expire, buyers may sell their home at or close to full market rates, thereby benefiting from the increased property values in the neighborhoods they have helped stabilize.
Foreclosure options: Growing numbers of families are turning to Isles for help in avoiding foreclosure, bankruptcy and their aftermath.
A word of advice for those struggling to make payments on their mortgages — don’t wait until it’s too late; get help as soon as possible. Many more options exist for those who haven’t gotten too far behind in their payments.