[sunny88]

You mentioned that the plan 6 homes facing the green are already under contract. Did you mean the homes 182-184 on the site map (Glen Brae Trail)?
Also, the current model homes had a sign mentioning the expansion in the later phases even about 4 months ago. I don’t think the seller tried to hide this fact.

[sunny88]

You mentioned that the plan 6 homes facing the green are already under contract. Did you mean the homes 182-184 on the site map (Glen Brae Trail)?
Also, the current model homes had a sign mentioning the expansion in the later phases even about 4 months ago. I don’t think the seller tried to hide this fact.

[sunny88]

You mentioned that the plan 6 homes facing the green are already under contract. Did you mean the homes 182-184 on the site map (Glen Brae Trail)?
Also, the current model homes had a sign mentioning the expansion in the later phases even about 4 months ago. I don’t think the seller tried to hide this fact.

[sunny88]

[quote=SDEngineer]Just another note on these, since there are apparently a few people looking at them (we’ve been one of them)

The plan 6 in the Riverwalk townhomes has been expanded in the new phases being built now (something the builder probably won’t mention until the last of their early phase plan 6’s sell – it’s not mentioned in the model, nor on any of the brochures, unlike the plan 5 revamp which has large signs in the model pointing out what will be different in the new construction, and which has had the new floorplan pasted over the old one in their brochures).

They expanded the 3rd floor by roughly 180ft^2, most of which went into a larger master BR suite (full master bath now, with the seperate shower/oval tub, and the MBR went from somewhere around 12×14 (smallish MBR) to what I eyeballed at about 14×16 (reasonable MBR)). Total square footage in these units is now up to 2226 (may be less if the plan 6 has one of the expanded garage options).

Same prices roughly – they have 2 new plan 6’s ready for closing in june/july timeframe, asking 395K or so with most of the upgrades except flooring pre-planned and included (including fridge, washer and dryer as well), and also including 6% in closing costs/buydown credits/flooring options.

With the new plan, we’ve decided to bite the bullet and are going to go to contract on one of the available plan 6’s – the revamp of the 3rd floor made it a near ideal floor plan for us.

We’ll still lose some money in depreciation in the immediate future, but we think the plan and location is good long term, and we – like many others here – are just plain tired of renting :)[/quote]

Just like you we like the expanded floor plan in model 6. Last time we went there about 6 weeks ago they still had some old model 6 available opposite the model homes. Unfortunately, their location is not great. Have you been able to negotiate some additional incentives or are they pretty firm?
We feel that these are quite attractive townhomes and that the value long-term, i.e. after 5-10 years should be significantly higher. Short-term they may go down another 10-15%.

[sunny88]

[quote=SDEngineer]Just another note on these, since there are apparently a few people looking at them (we’ve been one of them)

The plan 6 in the Riverwalk townhomes has been expanded in the new phases being built now (something the builder probably won’t mention until the last of their early phase plan 6’s sell – it’s not mentioned in the model, nor on any of the brochures, unlike the plan 5 revamp which has large signs in the model pointing out what will be different in the new construction, and which has had the new floorplan pasted over the old one in their brochures).

They expanded the 3rd floor by roughly 180ft^2, most of which went into a larger master BR suite (full master bath now, with the seperate shower/oval tub, and the MBR went from somewhere around 12×14 (smallish MBR) to what I eyeballed at about 14×16 (reasonable MBR)). Total square footage in these units is now up to 2226 (may be less if the plan 6 has one of the expanded garage options).

Same prices roughly – they have 2 new plan 6’s ready for closing in june/july timeframe, asking 395K or so with most of the upgrades except flooring pre-planned and included (including fridge, washer and dryer as well), and also including 6% in closing costs/buydown credits/flooring options.

With the new plan, we’ve decided to bite the bullet and are going to go to contract on one of the available plan 6’s – the revamp of the 3rd floor made it a near ideal floor plan for us.

We’ll still lose some money in depreciation in the immediate future, but we think the plan and location is good long term, and we – like many others here – are just plain tired of renting :)[/quote]

Just like you we like the expanded floor plan in model 6. Last time we went there about 6 weeks ago they still had some old model 6 available opposite the model homes. Unfortunately, their location is not great. Have you been able to negotiate some additional incentives or are they pretty firm?
We feel that these are quite attractive townhomes and that the value long-term, i.e. after 5-10 years should be significantly higher. Short-term they may go down another 10-15%.

[sunny88]

[quote=SDEngineer]Just another note on these, since there are apparently a few people looking at them (we’ve been one of them)

The plan 6 in the Riverwalk townhomes has been expanded in the new phases being built now (something the builder probably won’t mention until the last of their early phase plan 6’s sell – it’s not mentioned in the model, nor on any of the brochures, unlike the plan 5 revamp which has large signs in the model pointing out what will be different in the new construction, and which has had the new floorplan pasted over the old one in their brochures).

They expanded the 3rd floor by roughly 180ft^2, most of which went into a larger master BR suite (full master bath now, with the seperate shower/oval tub, and the MBR went from somewhere around 12×14 (smallish MBR) to what I eyeballed at about 14×16 (reasonable MBR)). Total square footage in these units is now up to 2226 (may be less if the plan 6 has one of the expanded garage options).

Same prices roughly – they have 2 new plan 6’s ready for closing in june/july timeframe, asking 395K or so with most of the upgrades except flooring pre-planned and included (including fridge, washer and dryer as well), and also including 6% in closing costs/buydown credits/flooring options.

With the new plan, we’ve decided to bite the bullet and are going to go to contract on one of the available plan 6’s – the revamp of the 3rd floor made it a near ideal floor plan for us.

We’ll still lose some money in depreciation in the immediate future, but we think the plan and location is good long term, and we – like many others here – are just plain tired of renting :)[/quote]

Just like you we like the expanded floor plan in model 6. Last time we went there about 6 weeks ago they still had some old model 6 available opposite the model homes. Unfortunately, their location is not great. Have you been able to negotiate some additional incentives or are they pretty firm?
We feel that these are quite attractive townhomes and that the value long-term, i.e. after 5-10 years should be significantly higher. Short-term they may go down another 10-15%.

[sunny88]

[quote=SDEngineer]Just another note on these, since there are apparently a few people looking at them (we’ve been one of them)

The plan 6 in the Riverwalk townhomes has been expanded in the new phases being built now (something the builder probably won’t mention until the last of their early phase plan 6’s sell – it’s not mentioned in the model, nor on any of the brochures, unlike the plan 5 revamp which has large signs in the model pointing out what will be different in the new construction, and which has had the new floorplan pasted over the old one in their brochures).

They expanded the 3rd floor by roughly 180ft^2, most of which went into a larger master BR suite (full master bath now, with the seperate shower/oval tub, and the MBR went from somewhere around 12×14 (smallish MBR) to what I eyeballed at about 14×16 (reasonable MBR)). Total square footage in these units is now up to 2226 (may be less if the plan 6 has one of the expanded garage options).

Same prices roughly – they have 2 new plan 6’s ready for closing in june/july timeframe, asking 395K or so with most of the upgrades except flooring pre-planned and included (including fridge, washer and dryer as well), and also including 6% in closing costs/buydown credits/flooring options.

With the new plan, we’ve decided to bite the bullet and are going to go to contract on one of the available plan 6’s – the revamp of the 3rd floor made it a near ideal floor plan for us.

We’ll still lose some money in depreciation in the immediate future, but we think the plan and location is good long term, and we – like many others here – are just plain tired of renting :)[/quote]

Just like you we like the expanded floor plan in model 6. Last time we went there about 6 weeks ago they still had some old model 6 available opposite the model homes. Unfortunately, their location is not great. Have you been able to negotiate some additional incentives or are they pretty firm?
We feel that these are quite attractive townhomes and that the value long-term, i.e. after 5-10 years should be significantly higher. Short-term they may go down another 10-15%.

[sunny88]

[quote=SDEngineer]Just another note on these, since there are apparently a few people looking at them (we’ve been one of them)

The plan 6 in the Riverwalk townhomes has been expanded in the new phases being built now (something the builder probably won’t mention until the last of their early phase plan 6’s sell – it’s not mentioned in the model, nor on any of the brochures, unlike the plan 5 revamp which has large signs in the model pointing out what will be different in the new construction, and which has had the new floorplan pasted over the old one in their brochures).

They expanded the 3rd floor by roughly 180ft^2, most of which went into a larger master BR suite (full master bath now, with the seperate shower/oval tub, and the MBR went from somewhere around 12×14 (smallish MBR) to what I eyeballed at about 14×16 (reasonable MBR)). Total square footage in these units is now up to 2226 (may be less if the plan 6 has one of the expanded garage options).

Same prices roughly – they have 2 new plan 6’s ready for closing in june/july timeframe, asking 395K or so with most of the upgrades except flooring pre-planned and included (including fridge, washer and dryer as well), and also including 6% in closing costs/buydown credits/flooring options.

With the new plan, we’ve decided to bite the bullet and are going to go to contract on one of the available plan 6’s – the revamp of the 3rd floor made it a near ideal floor plan for us.

We’ll still lose some money in depreciation in the immediate future, but we think the plan and location is good long term, and we – like many others here – are just plain tired of renting :)[/quote]

Just like you we like the expanded floor plan in model 6. Last time we went there about 6 weeks ago they still had some old model 6 available opposite the model homes. Unfortunately, their location is not great. Have you been able to negotiate some additional incentives or are they pretty firm?
We feel that these are quite attractive townhomes and that the value long-term, i.e. after 5-10 years should be significantly higher. Short-term they may go down another 10-15%.

[sunny88]

Despite the very slow market the prices have not come down much over the last 3 months in this development. Lennar must be thinking that buyers will come soon.

[sunny88]

Despite the very slow market the prices have not come down much over the last 3 months in this development. Lennar must be thinking that buyers will come soon.

[sunny88]

Despite the very slow market the prices have not come down much over the last 3 months in this development. Lennar must be thinking that buyers will come soon.

[sunny88]

Despite the very slow market the prices have not come down much over the last 3 months in this development. Lennar must be thinking that buyers will come soon.

[sunny88]

Despite the very slow market the prices have not come down much over the last 3 months in this development. Lennar must be thinking that buyers will come soon.

[sunny88]

[quote=SDEngineer][quote=PKMAN]We also looked at Skyranch but never gave it a serious thought due to:

HOA was a big factor and I understand that it’s not tax-deductible. I’d rather have MR + low HOA for at least MR is tax-deductible.

Skyranch didn’t have mid-tier homes to choose. It start at sub-$400K townhouses to $600K+ houses (the least expensive Crestview homes were above $600K when I looked at them about a year ago) and nothing in between.

But the biggest gripe I had was the steep climb to the community. This would be very bad for the car, as it would worsen the gas mileage, wear out brake pad and tire tread much faster and make the engine work much harder and it normally would.

So I ended up buying in the Riverwalk community, north of the Trolley Center. Its townhouses are much nicer (and bigger for about the same price range) than Skyranch’s and it has the right mid-tier house that’s ideal for me. Low HOA and no MR!!![/quote]

Actually, although many people do wind up deducting Mello-Roos (mistakenly), they are NOT tax deductible in most cases, and if you get audited, you may be required to repay that deduction with penalties. They aren’t considered the same as your normal real estate taxes.

Here’s the FTB (Franchise Tax Board for CA) official word on Mello-Roos taxes:

http://www.ftb.ca.gov/individuals/faq/net/909.shtml
[/quote]

Nothing comes for free, I guess if you are crazy about a nice view from the top of the mountain wearing out your car prematurely may not bother you too much. One of the turn-offs to us was driving by the ugly apartment complexes before you get on the freeway.

[sunny88]

[quote=SDEngineer][quote=PKMAN]We also looked at Skyranch but never gave it a serious thought due to:

HOA was a big factor and I understand that it’s not tax-deductible. I’d rather have MR + low HOA for at least MR is tax-deductible.

Skyranch didn’t have mid-tier homes to choose. It start at sub-$400K townhouses to $600K+ houses (the least expensive Crestview homes were above $600K when I looked at them about a year ago) and nothing in between.

But the biggest gripe I had was the steep climb to the community. This would be very bad for the car, as it would worsen the gas mileage, wear out brake pad and tire tread much faster and make the engine work much harder and it normally would.

So I ended up buying in the Riverwalk community, north of the Trolley Center. Its townhouses are much nicer (and bigger for about the same price range) than Skyranch’s and it has the right mid-tier house that’s ideal for me. Low HOA and no MR!!![/quote]

Actually, although many people do wind up deducting Mello-Roos (mistakenly), they are NOT tax deductible in most cases, and if you get audited, you may be required to repay that deduction with penalties. They aren’t considered the same as your normal real estate taxes.

Here’s the FTB (Franchise Tax Board for CA) official word on Mello-Roos taxes:

http://www.ftb.ca.gov/individuals/faq/net/909.shtml
[/quote]

Nothing comes for free, I guess if you are crazy about a nice view from the top of the mountain wearing out your car prematurely may not bother you too much. One of the turn-offs to us was driving by the ugly apartment complexes before you get on the freeway.

[Author]

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