Las Ventanas by Taylor Morrison at Portola Springs

NEW -> Contingent Buyer Assistance Program
kayochan said:
USCTrojanCPA said:
rimrattler6 said:
kayochan said:
Stopped by and found that phase 4 homes (four lots) are sold and they will be selling the next phase soon.  The "backyard" on most of them are really like a side - walking path on a normal SFR (the one you usually use to drag the lawn mower from the garage to the backyard).

It seems almost better to get a motor court set up so you have a little bit bigger side yard that is private (no neighbor windows, just a zero lot wall).


So how long did it take for Phase 4 to sell out? I think the first lot I want isn't until Phase 6 or 7...
About 2-3 weeks if I remember correctly.

They are planning to sell lots 16, 17, 64, and 65 next.
That's that the John and Laura at LV told me a few weeks ago along with lots 17 and 66.  They'll be releasing about 6 homes per phase release.
 
Agreed, we went to check out the regular lots that are around 3300-3500 sq ft.  It is actually pretty small.  But at least it has a driveway.  The bigger lots like 40,38, 39 and 35 back against Portola so may have noise.  Plus those lots have a gate instead of a wall so lack privacy.  There aren't too many left that have big lots.  That leaves lots 29-34.
 
kayochan said:
Given the choice, I would rather have a bigger yard than a driveway.
I can understand that, but you won't find any new home in Irvine that has a much larger yard (even if it's on a motorcourt) then what LV is offering.  If you want a larger yard, you will most likely have to look at re-sale homes.  The size of lots of these newer homes are getting smaller and smaller (that's just an unfortunate reality we have to deal with).
 
drove through PS and around LV for kicks...  PS seems to have become "the land of the small home and detached condo"...    What is your take on this?  Sure PS i a nice newer community with many parks and amenities (and the MR to go with it), but it seems its getting pretty "crowded" in there.  The Las Colinas homes seem to really stand out like a sore thumb in the community (but they do look really nice). 

Drove down to where the first phase homes were and opened the window.  Even at night you can hear the noise from the 133.  It does feel very weird that you look up and see the freeway.  Just "seems" off.    The homes away from the 133 are definitely better.  It's also a bit weird that the community seems to have been built like a wheel (at least the north portion)

What about the community draws people to it and would make you think this will be a great village in the future?
 
Three things come to mind:

1. Northwood High School : The future #1 High School in Irvine - what Univ High was in the past.
2. Higher elevation
3. Doesn't look like a high density grid subdivision like Woodbury.

Las Colinas plan 3 will always sell at a premium over Sonomas or Carmel in WB.

akim997 said:
drove through PS and around LV for kicks...  PS seems to have become "the land of the small home and detached condo"...    What is your take on this?  Sure PS i a nice newer community with many parks and amenities (and the MR to go with it), but it seems its getting pretty "crowded" in there.  The Las Colinas homes seem to really stand out like a sore thumb in the community (but they do look really nice). 

Drove down to where the first phase homes were and opened the window.  Even at night you can hear the noise from the 133.  It does feel very weird that you look up and see the freeway.  Just "seems" off.    The homes away from the 133 are definitely better.  It's also a bit weird that the community seems to have been built like a wheel (at least the north portion)

What about the community draws people to it and would make you think this will be a great village in the future?
 
4.375%? Really?

Is this the rate today for a 30 year fixed wtih 0 points? I thought it would be more like 4.0 or 4.125%?



USCTrojanCPA said:
My phase 1 buyer will be closing on their home by the end of this month.  They locked in an interest rate of 4.375% rate today.  Living on a motorcourt with no driveway and a zero lot line?  No thanks, I'll take the small back and side yard on a normal street any second of the day (but hey, that's just me). 
 
Panda said:
4.375%? Really?

Is this the rate today for a 30 year fixed wtih 0 points? I thought it would be more like 4.0 or 4.125%?



USCTrojanCPA said:
My phase 1 buyer will be closing on their home by the end of this month.  They locked in an interest rate of 4.375% rate today.  Living on a motorcourt with no driveway and a zero lot line?  No thanks, I'll take the small back and side yard on a normal street any second of the day (but hey, that's just me). 
0pts for the jumbo conforming loan.
 
Looks like they released phase 5 today....I found out because one of my buyers called me to let me know that they were gonna put a deposit down on lot 64.
 
USCTrojanCPA said:
Looks like they released phase 5 today....I found out because one of my buyers called me to let me know that they were gonna put a deposit down on lot 64.

They've already sold out of Phase 5. I think they're going to move quickly from here on out.
 
firsttimer said:
USCTrojanCPA said:
Looks like they released phase 5 today....I found out because one of my buyers called me to let me know that they were gonna put a deposit down on lot 64.

They've already sold out of Phase 5. I think they're going to move quickly from here on out.
Yup, I was telling one of my buyers who is near the top of the list the same thing.  The further they get away from the toll road the faster they'll be selling (assuming no big price increases).
 
rimrattler6 said:
How are sales? What phase are they on? The 6 million dollar question is have they increased (if yes, by how much?) their pricing?
They sold all of their Phase 5 homes in about a week and half.  Prices were barely up, maybe like $500-$800.
 
Is this the first LV home to be listed on the MLS?http://www.redfin.com/CA/Irvine/26-Seedling-92618/home/40137789

Plan 3 with the upstairs loft + exclusive view and fumes of the 133!

"Talk to the sales staff about design credits to select custom flooring or include washer/dryer/refrigerator. Ask about closing cost credits for using Taylor Morrison Home Funding!"

Sounds like they forgot to advise buyers to come with their broker for the broker's piece of cake.  :)
Ask for the same pool as in their model 3.
 
Thermofoil said:
Sounds like they forgot to advise buyers to come with their broker for the broker's piece of cake.  :)
Usually an MLS-listed home has an implied broker's co-op. I believe they are already giving 3% so that is standard.
 
irvinehomeowner said:
Thermofoil said:
Sounds like they forgot to advise buyers to come with their broker for the broker's piece of cake.  :)
Usually an MLS-listed home has an implied broker's co-op. I believe they are already giving 3% so that is standard.
There's no such thing as an implied broker co-op or 3% standard....MLS listings include the agent commission either as a percentage or a flat dollar amount.  That being said, the commission for the listing is 2% (the same as the broker co-op).  The agent-to-agent comments can be read below:

Agent must register client on FIRST VISIT - NO EXCEPTION. Do Not Go Direct. Go to Sales office/models at 61 Ranchland, Irvine CA 92618 to be escorted to property. Please contact John or Laura for more information at 949.748.3975. We look forward to your visit! Please visit our website www.taylormorrison.com 
Price Excl Furniture in Photos.
 
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