You can probably buy one of the models furnished at a bankruptcy auction pretty soon, Standard Pacific will be lucky to stay in business for much longer. Their stock hit a new low today of 6.12 (it was worth 5x that at one point this year and was worth 3x for most of the year). They have serious money problems and are having trouble borrowing. Their tracts, no matter where, are subject to ending up being half built and having “fill in” later (much later) by another developer. If there is an association and it’s not in the final third of build out I would be a little wary.
