By: Lorrie Jackson | Category: Real Estate | Issue: March 2007
Branch Manager Brenda Scrivner displays the story of Jim Walter’s 60 years of history.
As housing prices continue to rise in today’s competitive real estate market, having a new home may seem like an impossible dream. But it is not. For over 60 years, Jim Walter Homes has worked to help people make the dream of home ownership a reality and it is still fulfilling that mission today. As the largest on-your-lot builder in the nation, Jim Walter Homes has over 80 branches across the country and offers options most other traditional homebuilders do not.
According to Brenda Scrivner of Jim Walter Homes in Tulsa, one of the biggest differences between Jim Walter Homes and most other builders is financing. “The key to our business is that we offer in-house financing through our affiliate, Walter Mortgage Company,” Brenda explains. “We can finance both the land and the home, or you can use your free and clear land as a down payment.” In the latter case, Jim Walter could build a home with no money down for qualified landowners and because Jim Walter Homes pays all closing and mortgage costs, no money would be due until the first payment, which is typically 45 days after closing. This offers one stop shopping from start to finish and greatly simplifies the home buying process. Walter Mortgage loans also offer competitive, fixed-rate financing, no points, no closing costs, no PMI, no application fees and no payment or interest during construction.
The process works like this: the homebuyer first purchases and clears a lot and secures utilities for the property. Then he or she would choose from one of Jim Walter’s many signature home plans, which include two, three, or four bedroom models, single-level, ranch or two-story designs, and even plans for narrow lots and homes that need to be built on pilings. Even better, floor plans can include lots of extras like verandas, walk-in closets, master baths, great rooms, porches and garages. Once the home plan is chosen and the homebuyer signs a contract for Jim Walter Homes to build the home, Jim Walter Homes then takes care of all permits, lays the foundation, and frames the home, adding roof, siding, windows and doors.
The next stage displays another reason why the Jim Walter Homes experience is so unique. “We sell homes in three different stages of completion: shell, partial and finished, depending on what the homebuyer wants,” says Brenda. “We can install wiring, plumbing, insulation, hang drywall, install flooring, fixtures and appliances, but some homebuyers want to do these things themselves and that is okay, too.” Whichever you choose, you have the option to customize your home, choosing your own paint, cabinetry, flooring, appliances, and fixtures. You can even choose upgrades like whirlpool tubs, brick siding, window upgrades, fireplaces and much more. Finally, once the home meets all specifications, it is yours.
Brenda points out that one of the most common misconceptions about Jim Walter Homes is that they are mobile, manufactured or modular. “These are traditionally built homes,” she says. “They are frame built on site to proper specifications.” Every Jim Walter home also includes a warranty, guaranteeing your satisfaction with your new home. “I myself have lived in a Jim Walter home for 20 years,” Brenda relates. “I love it.”
Brenda, who has worked for Jim Walter Homes in Tulsa for 21 years, invites prospective homebuyers to come by and visit to find out more about the Jim Walter difference. The office is housed in an office built from one of Jim Walter Homes beautiful model home plans and is still located on the I-44 service road between the 129th E Avenue and 11th Street Exits.