Clayton Homes Announces Nationwide "Double Your Tax Refund" Promotion

Limited-Time Offer Ends March 31st, 2012

Maryville, TN – January 16, 2012 – Clayton Homes, America’s leader in manufactured housing, has announced a nationwide promotion to help customers double their tax refund when purchasing a new home.

 From January 1st through March 31st, 2012, any customer making a cash deposit and signing a sales agreement on a new Clayton home qualifies to have that deposit matched  up to $8,000* with one or more of the following:

  • VISA® gift card
  • Price reduction of the total home package
  • Seller-paid interest rate buy down

This limited-time offer is perfect for people who want to buy a new home and still be able to spend their refund money on the things they want, too.  See your local Clayton Home Center for complete details.

Kevin Clayton, CEO, said, “We know that every dollar counts in today’s economy, and this promotion helps customers’ tax refunds work double duty for them.”

Clayton Homes has built more than 1.5 million homes and won multiple awards for design and construction since the company began in 1934. Customers may choose from hundreds of floor plans and customize their new home to satisfy their every need. Unlike most homes on the market, Clayton Homes builds with precision, speed and attention to detail in state-of-the-art facilities throughout the country. All homes are certified by third-party inspectors for quality and are built to last a lifetime with materials that provide maximum strength.

More information about the “Double Your Tax Refund” promotion can be found at http://Refund.ClaytonHomes.com. Additional information such as special Home Center events, photos and videos can be found at YouTube.com/ClaytonHomes and Facebook.com/ClaytonHomes.

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About Clayton Homes: A Berkshire-Hathaway Company, Clayton Homes is a national, vertically integrated housing company. Through its family of brands, Clayton Homes builds, sells, finances, leases and insures a full spectrum of affordable housing and is the nation's leader in housing. Visit Clayton Homes at www.claytonhomes.com.

 

*LEGAL DISCLAIMER:

CONDITIONS FOR DOUBLE YOUR TAX REFUND PROGRAM: The Double Your Tax Refund program (“Program”) is only available from a participating CMH retailer (“Seller”) for the purchase of a new home with a sales agreement that is

signed on or before March 31, 2012. The buyer together with any co-buyers (collectively “Buyer”) must make a “Qualified Deposit” to participate in the Program. A Qualified Deposit is the Buyer’s total cash deposit against the purchase price of a new home that Buyer delivers to Seller, in one or more installments, at any time from January 1, 2012 through March 31, 2012. Buyer may use tax refund monies or any other available cash for making the Qualified Deposit. If Buyer makes a Qualified Deposit, Seller will provide a matching amount equal to the amount of the Qualified Deposit, provided, however, the matching amount shall not exceed the lesser of (a) 6% of the posted home only retail sales price of the home purchased, or (b) $8,000 (“Matching Amount”). At Buyer’s option, Seller will provide the Matching Amount all in one, or in any combination of two or three, of the following three forms: (i) a reduction in the total sales price of the home package, consisting of the home purchased plus all other items included in the sale; (ii) a VISA debit card; or (iii) a Seller paid interest rate buy down. Under no circumstances will any portion of the Matching Amount be applied toward Buyer’s down payment if Buyer obtains financing for the home purchase from any lender of Buyer’s choice. Buyer will be solely responsible for paying the entire amount of any down payment. If Buyer selects the VISA debit card, Buyer will be subject to all terms and conditions set forth on the card, including the expiration date, and also to all terms and conditions set forth in the issuer’s cardholder agreement. The VISA debit card will be issued in the name of the primary Buyer by The Private Bank and Trust Company pursuant to a license from VISA U.S.A. Seller will deliver the VISA debit card to Buyer either in person or by mail within 4-6 weeks after the home purchase has been completed and all conditions of the sale have been satisfied. Buyer may not combine the Program with any other offer or promotion made by Seller, including without limitation the “Steal” new home sales program. The Program may not be available with USDA/FHA/VA financing, and may be subject to certain lender requirements that restrict the forms of Matching Amount that Seller can provide. The Program is void where prohibited, but only to the extent prohibited. If the amount of the Qualified Deposit exceeds the Matching Amount, then the excess portion of the Qualified Deposit will not be matched by Seller.