TYLER, TX - (NewMediaWire) - August 11, 2015 - Wisdom Homes of America, Inc. ("Wisdom Homes" or the "Company") (OTCQB: WOFA), an owner and operator of manufactured homes retail centers, has positioned itself to provide homebuyers the opportunity to purchase quality, affordable manufactured homes from our retail locations in Texas.
"We previously stated that our goal was to expand into land/home transactions, which is exactly what we've done. We're now closing land/home transactions, and our 90 day pipeline of transactions is increasingly land/home sales, and that pipeline is growing. Land/home purchases represent greater revenue, better margins and a faster closing cycle," stated Jim Pakulis, CEO of Wisdom Homes of America, Inc. "We're scheduling an expansive market campaign to begin in early September focusing on land/home transactions."
"In addition to offering home buyers the opportunity to purchase a new model home from our retail centers, we're now aligning home buyers with selected residential lots and are working on getting them into their new homes," stated Brent Nelms, President of Wisdom Homes Manufacturing of America, Inc., a subsidiary of Wisdom Homes of America. "We've also increased the number of mortgage lenders that we're working with, allowing the home buyer greater financial mortgage options when purchasing a house, whether it's a stand-alone or as a land/home package."
About Wisdom Homes of America, Inc.
Wisdom Homes of America, Inc. is a manufactured housing retail center owner and operator. Wisdom Homes is headquartered in Tyler, Texas. The Company's common stock trades on the OTCQB, under the ticker symbol "WOFA". More information about Wisdom Homes can be found at http://wisdomhomesofamerica.com.
Safe Harbor Notice
Certain statements contained herein are "forward-looking statements" (as defined in the Private Securities Litigation Reform Act of 1995). Wisdom Homes of America, Inc. cautions that statements made in this news release constitute forward-looking statements and makes no guarantee of future performance. Forward-looking statements are based on estimates and opinions of management at the time statements are made. These statements may address issues that involve significant risks, uncertainties, estimates and assumptions made by management. Actual results could differ materially from current projections or implied results. Wisdom Homes of America, Inc. undertakes no obligation to revise these statements following the date of this news release.