2006 Press Releases
RE/MAX Heading Home Program To Be Offered By Camden Property Trust
Contact: Chris Volgenau 303-770-5531 (RE/MAX)
Linda Willey 713-354-2512 (Camden)
(Greenwood Village, Colo., January 16, 2006) -
RE/MAX Heading Home has announced that Houston-based Camden Property Trust (NYSE:CPT) will now offer the "Heading Home" program to its Houston, Austin and Corpus Christi residents. Camden is one of the largest multifamily real estate investment trusts (REITs) in the nation, specializing in several disciplines within the residential real estate industry.
"Camden is a premier organization and we are pleased they understand the value of our program," said Christopher Volgenau, vice president of
RE/MAX Heading Home. "Their management group is keenly aware of trends in the industry and constantly works to provide the finest benefits to their residents. We are excited to be working with both Camden management and their residents."
Camden owns interests in and operates 190 properties, consisting of more than 65,000 apartment homes geographically dispersed across the United States from Washington DC to Southern California. Camden also has over $1.4 billion in current and future development projects.
"We know that historically about 20 percent of our residents buy a home when moving from our communities," said Laurie Baker, Camden's regional vice president (Austin/Corpus/Houston). "Providing a home purchasing program gives us a marketing advantage when leasing apartments, as well as offering our residents a reason to stay longer with us once they move in."
RE/MAX Heading Home is a membership program which allows renters to earn credits based on current monthly rental payments. Mortgage lenders participating in the program will assist prospective homeowners with mortgage qualification and ultimately apply earned credits at loan closing. In simple terms, a percentage of monthly rent is accrued as a credit against closing costs up to a maximum of one percent (not to exceed $4,000 total) of the mortgage loan. When the member is ready to find that perfect home, a matched
RE/MAX real estate agent will be assigned to assist in the search.
For information about Camden visit
www.camdenliving.com.
For details about
RE/MAX Heading Home go to
www.remaxheadinghome.com.
