Cachey signs three buyers, offers next three another special deal
The Western is an attractive three-bedroom, two-bath ranch home with basement and full brick exterior offered in Western Trail in Manhattanl. T.J. Cachey Builders normally offers the Western at a base price of $199,900, but for the next three buyers it c
In the best of times, convincing a family to be the first to build a home in a new community is tough, so imagine how hard it is today for buyers to make that leap of faith.
After months of trying to find the first buyer for its Western Trail community in Manhattan, T.J. Cachey Builders finally found the right attraction to get people interested ... money!
Until a week ago, Cachey had been offering homes starting at $199,000 — a very attractive offer — but to seal the deal, it took $20,000 off that price for the first three buyers who signed contracts in Western Trail.
Recently, three families decided to take the plunge, and now Cachey is offering a final opportunity for more families, but at a savings of $15,000 per home. Once these three homes starting at $184,900 have been sold, the price for a brick home in Western Trails will go back to a starting price of $199,000.
Looking to offer the best housing value for a high-quality single-family home in the Lincoln-Way High School District area, Cachey Builders will build ranch and two-story homes in the new Western Trail community, located on the west side of Route 52, and located on the north side of town, Cachey is offering a selection of semi-custom single-family homes that include many desirable amenities and features.
“We are extremely eager to build our first homes in Manhattan. We hope our new customers and the residents of Manhattan will appreciate the quality of our homes, like the thousands of families who have purchased homes from us in Chicago, Oak Lawn, Orland Park, Mokena and New Lenox over the past eight decades,” said Tom Cachey, president of T.J. Cachey Builders.
Western Trail, located along the Will County Forest Preserve’s Wauponsee Glacial bike and hiking trail, will offer a selection of oversized homesites along the trail and large pond. Homesites are also available that will allow homes to be built with window/lookout basements.
Presently, Cachey offers three ranch plans and five two-story designs, which range in size from 1,500 to 2,600 square feet of living space and are priced for the next three buyers from $184,900 to $255,900. Those who do not decide quickly will still be able to purchase a home at a good price in the range of $199,900 to $270,000.
To help people buy a single-family home in Manhattan, Cachey also has secured special home mortgage financing packages for its homebuyers at Marquette Bank. Homebuyers will have access to special 30-year financing with:
1.9 percent APR for first 2 years ($200,000 loan is $729/month for first 2 years)
4.5 percent APR for remaining 28 years ($200,000 loan is $1,048/month for 28 years)
No points and low closing costs
Only 10 percent down payment required
No private mortgage insurance required.
Cachey said one of the reasons it is able to offer housing at such prices is because the Village of Manhattan recently reduced its construction/impact fees, which means a savings of approximately $10,000 could be passed along to families who purchase a Cachey home in Western Trails.
T.J. Cachey’s homes in Manhattan will be furnished with the same high quality materials found in the builder’s New Lenox communities of Cherry Hill South (priced starting at $217,900) and Sky Harbor (starting at $229,900).
Providing three or four bedrooms and two to 2½ baths, these homes typically feature attractive entry foyers, separate breakfast nooks, voluminous family rooms, formal dining rooms and luxurious master bedroom suites with private baths and walk-in closets. The homes also include custom cabinets, ceramic-tiled baths and entry foyers, basements and attached two-car garages.
Options, per plan, include volume ceilings, 9-foot first-floor ceilings, bay windows, three-car garages, whirlpool tubs, wood or additional ceramic flooring, and fireplaces and skylights Buyers can also customize plans.
Western Trail is near Interstates 80, 57, 53 and 55, and Metra has also opened a new train station in Manhattan.
Manhattan offers three public elementary schools or St. Joseph’s (private elementary school). High school students will attend Lincoln-Way Central High School.
Decorated model homes and a sales center at Western Trail are scheduled to begin construction in 2012. In the interim, pre-construction sales are under way from the model homes at Cachey’s nearby Cherry Hill South community in New Lenox, located on the west side of Gougar Road, a half mile south of Route 30. The Cherry Hill South sales center and decorated models are open Saturday and Sunday from 11 a.m. to 4 p.m.
For more information about Western Trail in Manhattan, call (815) 722-4035. For additional info about its Manhattan or New Lenox communities visit, www.cacheybuilders.com.