Greenwood in Tustin Legacy

NEW -> Contingent Buyer Assistance Program
idoc said:
In regards to" HOA fees lowering in cost at buildout", I've heard from people (in other communities) that it is not guaranteed.  They were also told the same thing when they purchased...however, at buildout, the fees remained the same.  .....So I'm not sure if we can rely on that to be a fact.

Good point. Water cost may rise, therefore Hoa across the board may increase.
 
I'm sure there are exceptions.  But Greenwood has documented their final buildout HOA dues, and it is 30% lower than phase 1 dues.

Columbus Square started at almost $200/month, and is now $99/month after completion.  Attached properties have a dual HOA, so they may be paying $200-300/month.

Pavilion Park started at over $200/month, and is now approx. $145, and expected to be lower once all construction is complete.

Just a couple of examples.
 
I don't doubt that the HOA fees can decrease at the time of buildout (that's just good marketing), but it does not say anything about preventing HOA fees from increasing a couple of years after buildout when the HOA needs additional funds to address new issues.

There's also a separate $99 fee/month at the time of buildout, so that basically washes away the HOA fee decrease.
 
tustinnewbie_2016 said:
I don't doubt that the HOA fees can decrease at the time of buildout (that's just good marketing), but it does not say anything about preventing HOA fees from increasing a couple of years after buildout when the HOA needs additional funds to address new issues.

There's also a separate $99 fee/month at the time of buildout, so that basically washes away the HOA fee decrease.

That goes for any HOA.

99?  Is that stated?  What is that fee called?
 
Resort Fee

jmoney74 said:
tustinnewbie_2016 said:
I don't doubt that the HOA fees can decrease at the time of buildout (that's just good marketing), but it does not say anything about preventing HOA fees from increasing a couple of years after buildout when the HOA needs additional funds to address new issues.

There's also a separate $99 fee/month at the time of buildout, so that basically washes away the HOA fee decrease.

That goes for any HOA.

99?  Is that stated?  What is that fee called?
 
tustinnewbie_2016 said:
I don't doubt that the HOA fees can decrease at the time of buildout (that's just good marketing), but it does not say anything about preventing HOA fees from increasing a couple of years after buildout when the HOA needs additional funds to address new issues.

There's also a separate $99 fee/month at the time of buildout, so that basically washes away the HOA fee decrease.

On June 11th it looks like you doubted it:

"HOA fees begin around $300-600 per month! If there are three things true in life - it's death, taxes, and HOA fee increases!  With the big fancy swimming pool, basketball courts, and other amenities, I would be surprised if the HOA fees do not rise soon"

It's not a matter of good marketing. The builder doesn't subsidize the HOA so those who belong to it pay for the entire cost. When it's built out there are more homeowners paying that cost so the fee goes down for each homeowner.

The $99 fee isn't for all neighborhoods. It's for Crawford because they have "private streets" where their driveways are that are maintained by Crawford residents. I didn't ask, but I have a suspicion the $99 might also cover front yard landscaping for those homes. That is the way it is for Sheldon which also has another fee $49 or so.

I didn't think your credibility could sink any lower than the first post you made but the concerted effort you put forth to spread misinformation proved me wrong.
 
tustinnewbie_2016 said:
I don't doubt that the HOA fees can decrease at the time of buildout (that's just good marketing), but it does not say anything about preventing HOA fees from increasing a couple of years after buildout when the HOA needs additional funds to address new issues.

There's also a separate $99 fee/month at the time of buildout, so that basically washes away the HOA fee decrease.

I'm officially changing your name to HOAn00b2015.  Of course HOA can go up over time.  That's true of any HOA.  You were adamant that HOA decreases were not documented, when in fact they are.  Sub-HOA also exist for properties that include additional maintenance such as exterior structures, landscaping, driveways, streets, etc.  It's very common, and again, well understood by buyers when they make purchases.  If anyone is surprised by the HOA fees post construction, it's the buyer's fault for not doing their due diligence.  However, stating inaccurate information is such a matter-of-fact manner simply will not win you much respect in a forum such as this.  It's not about haters hatin'...it's about trolls trollin'.
 
So Sheldon sold out phase 2, Stafford presumably sold out their phase 2 since they had one home left when they called me on Saturday.

Anyone have any updates on Huntley and Crawford phase 2?
 
Finally got around to visiting Greenwood.  Huntley Phase 4 - all backing Jamboree.  I was given this price sheet - so Im guessing they are all available.

Plan 1 - 3 available - $915k-$923k
Plan 2 - 2 available - $960k-$970k
Plan 3 - 3 available - $966k-$980k

These were all fine - a bit of a let down after visiting Stafford which is very well done.  They probably should have modeled the Plan 3 with the loft (instead of bedroom 5) - it made the Plan 3 super claustrophobic feeling upstairs.
 
Huntley is a good deal.  Compared to similar square footage in Irvine (e.g., Strada and Laurel), it's a good $300K less. 

I don't know which community it is, but it's a little disturbing how close they're building those homes next to Jamboree.  You'd think they would leave more of a gap to the "great wall" for that first row of homes.
 
A S said:
Huntley is a good deal.  Compared to similar square footage in Irvine (e.g., Strada and Laurel), it's a good $300K less. 

I don't know which community it is, but it's a little disturbing how close they're building those homes next to Jamboree.  You'd think they would leave more of a gap to the "great wall" for that first row of homes.

Those are Huntley currently for sale. Which is probably why they are a "good deal".
 
bones said:
A S said:
Huntley is a good deal.  Compared to similar square footage in Irvine (e.g., Strada and Laurel), it's a good $300K less. 

I don't know which community it is, but it's a little disturbing how close they're building those homes next to Jamboree.  You'd think they would leave more of a gap to the "great wall" for that first row of homes.

Those are Huntley currently for sale. Which is probably why they are a "good deal".
Yeah - I don't know if it changed, but seemed like the Jamboree lots were about $50K less then the interior lots. Not sure if that  bogi has moved. Looks like, based upon those prices, that the Jamboree lots are up about 20-25K from the grand opening price sheet I had. However, those could be left over homes with options already in it now. Have no idea. Not going to risk getting boxed into that part of the school district. Free transfers might be allowed now, but you never know when that changes. 
 
Bullsback said:
bones said:
A S said:
Huntley is a good deal.  Compared to similar square footage in Irvine (e.g., Strada and Laurel), it's a good $300K less. 

I don't know which community it is, but it's a little disturbing how close they're building those homes next to Jamboree.  You'd think they would leave more of a gap to the "great wall" for that first row of homes.

Those are Huntley currently for sale. Which is probably why they are a "good deal".
Yeah - I don't know if it changed, but seemed like the Jamboree lots were about $50K less then the interior lots. Not sure if that  bogi has moved. Looks like, based upon those prices, that the Jamboree lots are up about 20-25K from the grand opening price sheet I had. However, those could be left over homes with options already in it now. Have no idea. Not going to risk getting boxed into that part of the school district. Free transfers might be allowed now, but you never know when that changes. 

Yea my SO kept asking me whats the catch (with the low prices). I said three words:  jamboree/veeh/currie
 
There are plans to build 3 additional schools in Tustin Legacy.  If you can wait a few years for the schools to be built, Greenwood is a good buy.  However, I understand the concern for those who have kids in grade school now.  I agree that the homes close to Jamboree would only sell at a reduced price, which is what you're seeing with Huntly and Sheldon. 

We bought in Greenwood but away from Jamboree and closer to the Stafford model homes.  Once it is completely built out, we won't even notice Jamoree is there.  Now if they would only tear down those ugly hangars...
 
If you think those hangars are ugly, check out these hangers:

j7ud8x.jpg
 
qwerty said:
Forgot to mention, if you guys thought the play area was cool that park right next to the apartments, right outside greenwood looks pretty awesome. It's a public park, victory park, opens at 6pm on 6/4/15

It's finally opening on August 25.

http://www.tustinca.org/news/displaynews.asp?NewsID=211&TargetID=1
 
Oh yeah I meant to post that the other day. I drove by about a week ago and saw a sign hanging on the fence about the opening on 8/25 at 5pm. About damn time. I just hope it's not filled with fcb kids peeing everywhere :-)
 
Vinster said:
qwerty said:
Forgot to mention, if you guys thought the play area was cool that park right next to the apartments, right outside greenwood looks pretty awesome. It's a public park, victory park, opens at 6pm on 6/4/15

It's finally opening on August 25.

http://www.tustinca.org/news/displaynews.asp?NewsID=211&TargetID=1

The park looks like a prison camp.  They should have used a different color scheme instead of painting the caged areas all gray.
 
Plan 1 starts at $751,990?  Do you think prices will continue to go up for the houses here?  They are looking like Irvine prices now...
 
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