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Frequently Asked Questions

1) Can I afford the monthly payments?
BYSTRY INC. is committed to making home ownership affordable and sensible. We build homes that should allow most people to own for less than they would pay to rent a comparable home. Although interest rates are constantly changing, our experience over the last year has been that a buyer with a moderate to good credit rating can qualify to finance a Triton Home purchased for $114,400 with $0 down-payment for about $723.00* a month. Surprising, isn’t it? Even better, the $723 includes principal and interest. To find out how much your monthly payment would be to own meet with an loan originator to get Free Pre-Approval for a mortgage. Pre-Approval won’t obligate you to purchase anything but it will give you accurate finance information so you can make better decisions about buying.

2) Can I qualify for financing?
Although some people are fortunate enough to be able to buy their home outright, most will have to secure a mortgage in order to purchase a home. Mortgage lenders have numerous criteria for qualifying an individual for financing and determining the rate at which they will approve a loan. Much like getting a loan for a car, it is necessary for a person to complete a formal application for pre-approved financing in order to determine exactly what their monthly payment will be and their ability to afford owning a BYSTRY Home. In general though, we have had the most success qualifying individuals with a household income of at least $27,000 per year.

3) How much money will I need to put down?
10%+ on custom construction. 0%+ on already built homes.

4) Is the buying process difficult to understand?
We make financing your BYSTRY Home easy! Starting in the low $100’s you won’t find better value for your money. We offer a variety of financing packages including options for first-time homebuyers. Working with our mortgage partners, BYSTRY INC. can help you determine which financing option is best for you.  

6) What amenities are included with my BYSTRY Home?
Most Triton Homes include the following: Stainless Steel Appliances| Custom Cabinets| Laundry Area | Brushed Nickel Fixtures | Wood Flooring | Vinyl Windows | Vaulted Ceilings | Display Niches | Cocoon or Spider Insulation | Maintenance-Free Exterior | 40+ Gallon Water Heater | Central Air | Electric Furnace | 4 Phone Jacks (minimum) | 3 Cable Outlets (minimum) | Garage Door Opener w/Remote |Landscaping 

7) What appliances are included with my BYSTRY Home?
BYSTRY Homes are owner-ready with a complete kitchen appliance package stove/range, above-stove microwave/vent, dishwasher, refrigerator and in-sink disposal. Your home will also come with a remote garage door opener with two remotes.

8) What kind of Warranty will my BYSTRY Home have?
Every new BYSTRY Home comes with 1-Year Builder's Warranty.

9) Why is buying a better option for me than renting?
There are many reasons for owning your own home but we believe the most important is the opportunity for you to build equity through ownership. Your monthly payments go towards ownership of your home rather than into your landlord’s pocket. In addition, it can be less expensive than rent and the interest on your mortgage payments are tax-deductible. Don’t forget the other advantages of home ownership, which include the opportunity to keep a pet and to decorate any way you like.

 

 

 
 

 

Honest, Reliable, Professional And Courteous. We are BYSTRY Inc.

For Us Success is a Journey Not A Destination!

BYSTRY Development Investments Construction Inc.

Address: 112 Hickory Street Madisonville TN 37354

Phone:  (423) 836-2947 (423) 442-1564   Fax: (423) 442-1770

Email: BDIC@ConstructionTN.com


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