About Us
FIRST HOME HARMONY, INC. was created by Nick Colachis in July 2019. The Company will develop software platforms with algorithms to match individuals for the purpose of buying a home together. There will be three platforms: the platforms will be available on iPhone, Android, and Personal Computer.
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Mr. Colachis believes that the American Dream is becoming unattainable because home prices are increasing faster than the salaries of American workers. In addition, college tuition has significantly increased over the past 20 years. College graduates are now burdened by unreasonable student debt from this increased tuition. This excessive student debt makes it very difficult for a college graduate to qualify for a home loan; now and in the future.
First Home Harmony Inc. is in the business of helping people improve their standard of living by enabling them to meet other like-minded individuals to purchase a home together.
We look at every application the same way based on our compatibility guidelines. We factor in credit scores, we look at income history for both wage and self-employed borrowers, and we look at the debt-to-income ratio.
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We have professionals from across the real estate spectrum. We can help secure joint financing, choose the right ownership structure, determine roles and responsibilities, establish what happens if circumstances change, and protect against risks that are unique to a joint purchase.
Our Team
Nick Colachis
CEO FOUNDER
Nick Colachis graduated from the University of Southern California, Marshal School of Business, Entrepreneur Program in 1981. Mr. Colachis, an experienced ‘start-up” entrepreneur, has created
businesses that have generated revenues of over $100 Million. Mr. Colachis has received a prestigious honor of USC's Entrepreneur of the year for his success in startups.
Patrick Deffenbaugh
VICE PRESIDENT
MARKETING & COMMUNICATIONS
A creative problem solver with experience as a marketing executive, creative director, and college professor. The recipient of over 20 international design awards including Gold and Silver in Identity Design from the Art Directors Club, Best in Category / Editorial Design from the One Club, Communications Art Annual Design Awards and the prestigious Clio Award in Packaging Design.