I was on SPH mailing list from way back when they first started developing in 4$. Checked my mailbox and found a flyer they sent to me which said (tried not to panic, cause it’s your last chance, you know), “Your chance to live in 4S Ranch. Don’t miss your chance….blah, blah….top selling communities…blah, blah, stylish designer upgrades, Gianni’s low monthly payments, low maintenance lifestyle, blah, blah.”
15k credit towards interest rate buydown, closing costs, designer upgrades when finance w/Standard Pacific Mortgage.
Also said, “Ask about 0 down payment program (FHA loan w/NEHEMIAH gift funds)”
Fine print, in lieu of 15k, FHA 97% w/3% down through Nehemiah.
Sounds like the builders are coming around some. The interest rate buydown sounds vaguely familiar to back in 1989/90 when developers were doing that.
Also got a very similar flyer for Standard Pacific Homes for Del Servitude, same deal 15k or 0 down FHA/Nehemiah, this for Bridgewalk.
BTW, is it just me, or does 588,900k seem high for those claustrophic Bridgewalk row houses out in the sticks?
I understand many are interested in 4S and Del Sur and at one time I checked there(can’t believe it) (still getting flyers) but IMO still way too high, low 400k for Gianni/Joke townhomes, not to mention HOA and MR.
