FYI: Current “deal” in Derby Hills, Carmel Valley

[justbought]

pk92108: just ask! i fought hard for my discounts but they won’t budge much.. i think the sale people might be telling the truth when they say “the headquarters must approve the price” and they just put the request in writing.

[justbought]

pk92108: just ask! i fought hard for my discounts but they won’t budge much.. i think the sale people might be telling the truth when they say “the headquarters must approve the price” and they just put the request in writing.

[Coronita]

fat_lazy:

those are pretty the exact same "incentives" i got when i bought mine back in the end of 2006; except that they paid the agent 2.5% (instead of flat 25k) and I got some percentage of that. Being the only builder there, i guess pardee isn't worried about clearing the inventory…
Also, I would welcome a strip mall with decent cheap eats. (but hell no low income housing)

 

justbought,

Please reply… Mind if I asked if they gave you any special financing terms. I heard that for awhile Pardee Homes paying for buying down interest rates to <4% in Carriage Run and Saratoga for the first couple of years.  However, it appears they didn't do this for Derby Hills. Mind if you share this information? Just for fun, I have an appointment with them tomorrow. I'll see just exactly how much they are willing to budge now. And I'll wait for 2 months and try again to see if there's any difference.

[Coronita]

fat_lazy:

those are pretty the exact same "incentives" i got when i bought mine back in the end of 2006; except that they paid the agent 2.5% (instead of flat 25k) and I got some percentage of that. Being the only builder there, i guess pardee isn't worried about clearing the inventory…
Also, I would welcome a strip mall with decent cheap eats. (but hell no low income housing)

 

justbought,

Please reply… Mind if I asked if they gave you any special financing terms. I heard that for awhile Pardee Homes paying for buying down interest rates to <4% in Carriage Run and Saratoga for the first couple of years.  However, it appears they didn't do this for Derby Hills. Mind if you share this information? Just for fun, I have an appointment with them tomorrow. I'll see just exactly how much they are willing to budge now. And I'll wait for 2 months and try again to see if there's any difference.

[Coronita]

fat_lazy:

those are pretty the exact same "incentives" i got when i bought mine back in the end of 2006; except that they paid the agent 2.5% (instead of flat 25k) and I got some percentage of that. Being the only builder there, i guess pardee isn't worried about clearing the inventory…
Also, I would welcome a strip mall with decent cheap eats. (but hell no low income housing)

 

justbought,

Please reply… Mind if I asked if they gave you any special financing terms. I heard that for awhile Pardee Homes paying for buying down interest rates to <4% in Carriage Run and Saratoga for the first couple of years.  However, it appears they didn't do this for Derby Hills. Mind if you share this information? Just for fun, I have an appointment with them tomorrow. I'll see just exactly how much they are willing to budge now. And I'll wait for 2 months and try again to see if there's any difference.

[Coronita]

fat_lazy:

those are pretty the exact same "incentives" i got when i bought mine back in the end of 2006; except that they paid the agent 2.5% (instead of flat 25k) and I got some percentage of that. Being the only builder there, i guess pardee isn't worried about clearing the inventory…
Also, I would welcome a strip mall with decent cheap eats. (but hell no low income housing)

 

justbought,

Please reply… Mind if I asked if they gave you any special financing terms. I heard that for awhile Pardee Homes paying for buying down interest rates to <4% in Carriage Run and Saratoga for the first couple of years.  However, it appears they didn't do this for Derby Hills. Mind if you share this information? Just for fun, I have an appointment with them tomorrow. I'll see just exactly how much they are willing to budge now. And I'll wait for 2 months and try again to see if there's any difference.

[pk92108]

Justbought—thanks….So what happens if you reserve a lot at the phase release, then during the following week when you actually get around to signing papers and negociating, they deny your requests for X amount of incentives??? If you say no, then do they bump you down to the bottom of the waiting list or do you keep your position?????

And did you have a Plan 3 and get any incentives???

thanks

[pk92108]

Justbought—thanks….So what happens if you reserve a lot at the phase release, then during the following week when you actually get around to signing papers and negociating, they deny your requests for X amount of incentives??? If you say no, then do they bump you down to the bottom of the waiting list or do you keep your position?????

And did you have a Plan 3 and get any incentives???

thanks

[pk92108]

Justbought—thanks….So what happens if you reserve a lot at the phase release, then during the following week when you actually get around to signing papers and negociating, they deny your requests for X amount of incentives??? If you say no, then do they bump you down to the bottom of the waiting list or do you keep your position?????

And did you have a Plan 3 and get any incentives???

thanks

[pk92108]

Justbought—thanks….So what happens if you reserve a lot at the phase release, then during the following week when you actually get around to signing papers and negociating, they deny your requests for X amount of incentives??? If you say no, then do they bump you down to the bottom of the waiting list or do you keep your position?????

And did you have a Plan 3 and get any incentives???

thanks

[Raybyrnes]

justbought

First off the affordable housing units and market rate units are different form the stand point that one has huge potential upside for financial gain and one does not.

Additionally, I don’t typically leave with buyers remorse nor do I try to think too heavily about what the next guy bought. If my friend got the same TV for 1/3 the price drinks are on him and I am happy he got a deal. That doesn’t change the fact that I enjoy what I got provided I did my diligence.

And for the guy who makes 1/3 less well maybe I am better to focus on the good fortune that day in and day out, I am fortunate to make 1/3 more than him and for that I can be extremely greatful.

[Raybyrnes]

justbought

First off the affordable housing units and market rate units are different form the stand point that one has huge potential upside for financial gain and one does not.

Additionally, I don’t typically leave with buyers remorse nor do I try to think too heavily about what the next guy bought. If my friend got the same TV for 1/3 the price drinks are on him and I am happy he got a deal. That doesn’t change the fact that I enjoy what I got provided I did my diligence.

And for the guy who makes 1/3 less well maybe I am better to focus on the good fortune that day in and day out, I am fortunate to make 1/3 more than him and for that I can be extremely greatful.

[Raybyrnes]

justbought

First off the affordable housing units and market rate units are different form the stand point that one has huge potential upside for financial gain and one does not.

Additionally, I don’t typically leave with buyers remorse nor do I try to think too heavily about what the next guy bought. If my friend got the same TV for 1/3 the price drinks are on him and I am happy he got a deal. That doesn’t change the fact that I enjoy what I got provided I did my diligence.

And for the guy who makes 1/3 less well maybe I am better to focus on the good fortune that day in and day out, I am fortunate to make 1/3 more than him and for that I can be extremely greatful.

[Raybyrnes]

justbought

First off the affordable housing units and market rate units are different form the stand point that one has huge potential upside for financial gain and one does not.

Additionally, I don’t typically leave with buyers remorse nor do I try to think too heavily about what the next guy bought. If my friend got the same TV for 1/3 the price drinks are on him and I am happy he got a deal. That doesn’t change the fact that I enjoy what I got provided I did my diligence.

And for the guy who makes 1/3 less well maybe I am better to focus on the good fortune that day in and day out, I am fortunate to make 1/3 more than him and for that I can be extremely greatful.

[Coronita]

pk92108,

For some reason, Plan 3 always sold out. Unfortunately, I think the waitlist for these are pretty long, and they like release a handful of them each time to control expectations and demand. Pretty crafty imho. It appears there are still people buying because (1) the lure of a new home, and (2) it's pretty large. I know a few people that moved from the Breakers to DH plan 3, and these aren't the cash strapped folks. I think where things are interesting are Plan 1 and Plan 2, namely because there are several comparables both on the Torrey Hills side and in the CCH side. So short of a huge disaster, huge meltdown in the economy, or a huge hit in Qualcomm (which sorta happened today already) or Broadcom, it appears that there are still people waiting for plan 3.

 

Personally, $1mill+ for a tract home is already pushing it for me. $1.35+ for a plan3 imho is beyond pushing it for me imho. But interesting about Plan 1c is that I know there were several people that ended up spending about $1.1 for at Saratoga after all upgrades exterior work. That was insane.

Personally, I'd consider a plan 1c if it were closer at $1mil and included all the incentives and a rate buydown for about 10 years. As someone previously posted, the current incentives are about the same as before, except now a jumbo will be over 7% as opposed to 6ish….So buying now imho, you're getting the worst of both worlds, not really lower price but definitely higher interest rates.

The other thing that bothers me is that 

1) I really would like a three car garage, as opposed to 2+1tandem or 2+1workshop, especially if I'm paying $1m+.

2) Just my personal tastes, I don't really like plan 2's upstair split with master on one side and rest of room on the other. Having kid on the other side, you won't be able to hear when you're in the master bd.  My only gripes about plan 3 is the price.

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