Standard Pacific new homes coming to Tustin

NEW -> Contingent Buyer Assistance Program
rkp said:
irvinehomeowner said:
I'm assuming your $4500 MR number is accurate since you were almost under contract... but was the MR $8000 originally? Did it get lowered? Did TL reduce the bond costs?

100% accurate.  it was never $8000 for augusta.  i can scan the tax sheets if you want to see.  other CS homes early on had the $8000 MR but augusta never did.

but the MRs at augusta do suck in that some of them are set to go up every year by 2% and some never expire.

also, 1.2% tax so on $800K, that .15% difference from irvine is about $1200 so adding that to the $4500 puts total close to $6K.    if trying to compare it to irvine, i would just think of it as a $6K MR
 
.8 x $760k = $6080... + $1200 (rkp's additional .15%) = $7280... seems significantly higher than the $4210 at Maricopa.

And it goes up? And doesn't expire? What is that... the can't plant fruit trees tax?

And if the Astoria buyers (the ancestor of Augusta) are paying $8k in MRs after paying much higher prices than Augusta for similar floorplans... I would be  irritated.
 
qwerty said:
Rkp/IHO - the price sheet for Augusta said .8 to 1.0% for mello Roos. They didn't say which plan was what but clearly plan 1 is the .8 and the plan 3 is 1.0%

ah the wonderfully stupid marketing at lyon homes.  they printed that and never looked back even though it can hurt sales.  i was given a massive packet that had each bond, how much i had to pay, details on it, etc.  i put those together and it was close to $4500 fixed amount and 1.2% for augusta 3

in a few months, we should be able to pull up the tax statements online for augusta houses. 
 
irvinehomeowner said:
.8 x $760k = $6080... + $1200 (rkp's additional .15%) = $7280... seems significantly higher than the $4210 at Maricopa.

And it goes up? And doesn't expire? What is that... the can't plant fruit trees tax?

And if the Astoria buyers (the ancestor of Augusta) are paying $8k in MRs after paying much higher prices than Augusta for similar floorplans... I would be  irritated.

dont trust me on this - if you are interested in augusta and the hold up is the MR amount, ask them for a copy of all the bonds and do the math.  its really that simple.

definitely can't plant fruit trees.  i have that scanned and saved...actually probably have everything scanned including bonds.  will try to see if i can dig up the details
 
Hm - I picked up the price sheet last week. Getting the tax rate wrong is pretty egregious. But if it is 4,500 and 30k in design credits that may just sway us.
 
The scan of the no fruit trees would be awesome on here.

I agree that the sales sheets are probably incorrect so we're probably looking at the $6k you mentioned that could go up... still would rather have the fixed price of $4210 at Maricopa that will expire eventually.

If you can get over the land toxicity thing... $670k for a ~2600sft house (Plan 1) is pretty good considering you're a as close to Irvine as you can get... but it looks like even $1000/month savings wasn't enough for RKP which is why I'm not convinced Tustin Legacy is the next Tustin Ranch. It looks like they are selling well... maybe if StanPac builds a proper 3CWG with a driveway... I'll look into it and just not put that lemon tree in the backyard.
 
@rkp:

Your spreadsheet says the Augusta Plan 3 is a 4br+loft... did they add a loft option? I don't see that on the Lyon homes website... only 5brs.

It would be nice if Bedroom 5 or 3 were a loft.
 
IHO - in Augusta plan 3 the standard is the bedroom and the loft is an option. They have a sign saying the bedroom can be converted.
 
Here is some clarity on Augusta plan 3 mello Roos. The mello Roos is in fact 4,500. There is another potential tax of 2000 that may or may not kick in for the other schools. However they advertise the tax rate including the 2000 so people are aware that it may kick in. They said it may be another 5 years before it kicked in since that is when they would start building the other schools since the homes need to be built first.
 
Ahh... so 6500 + 1200 = $7700... close to $8000.

I find this delayed MR thing ridiculous. The people who have all moved in and paid their MRs don't get the elem they paid for... and now future owners are going to have to pay extra for schools although they don't know if they will get built. Is this sort of taxation illegal?

At least TIC isn't that confusing.
 
irvinehomeowner said:
but it looks like even $1000/month savings wasn't enough for RKP which is why I'm not convinced Tustin Legacy is the next Tustin Ranch. It looks like they are selling well... maybe if StanPac builds a proper 3CWG with a driveway... I'll look into it and just not put that lemon tree in the backyard.

i bet that if Stan Pac or New Home Company or whatever builder didnt get picked put a las ventanas type product (4bed,3bath,driveway, 2100 sq ft) at the same price point as Augusta 1's 670K, they would sell like hotcakes. if they put the right products aat the right price everything sells. all the homes that you would never live next to at whatever price because they back to a freeway or major street, they all sell. if they build it (correctly), they will come. people will get over the land toxicity.
 
ahhh azdave...one of the most painful memories of IHB...

back to topic...they are still wrong qwerty- seriously, the two sales ladies are very nice but really have no clue.  they are just BS'ing and saying anything.  i read through all the packets and there is NOTHING about a second MR coming in 5 years or what ever.  and from my understanding, bonds can be added any where but need majority vote by the homeowners.  my boss lives in sonoma valley and the local school wanted to raise a ton of money and got the locals to vote on a bond.  i dont think they can just force it down your throats once you have purchased the house

ask them for something in writing that indicates the 5 year delayed MR...
 
Yeah they may not realize that u have to vote on the bonds once the owners are in there.
Thanks for the clarification RKP. This may just sway us to Augusta.

Now I'm starting to think if Test is one of those two sales ladies. Test was defending what we thought was the 7-8k mello Roos.
 
qwerty said:
Yeah they may not realize that u have to vote on the bonds once the owners are in there.
Thanks for the clarification RKP. This may just sway us to Augusta.

Now I'm starting to think if Test is one of those two sales ladies. Test was defending what we thought was the 7-8k mello Roos.

qwerty, feel free to PM if you are serious about buying there.  will gladly share the purchase agreement and all the credits they were ready to give. 

 
rkp said:
definitely can't plant fruit trees.  i have that scanned and saved...actually probably have everything scanned including bonds.  will try to see if i can dig up the details

would really appreciate if you can post the scan of "can't plant fruit trees" clause!
 
The Motor Court Company said:
rkp said:
definitely can't plant fruit trees.  i have that scanned and saved...actually probably have everything scanned including bonds.  will try to see if i can dig up the details

would really appreciate if you can post the scan of "can't plant fruit trees" clause!

the augusta folks are really pretty up front and honest.  this was one of my first questions and they answered that i couldnt plant fruit trees.  the scan of the disclosure attached.  it technically isnt prohibited but the way i read that, it might as well be

 

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rkp said:
The Motor Court Company said:
rkp said:
definitely can't plant fruit trees.  i have that scanned and saved...actually probably have everything scanned including bonds.  will try to see if i can dig up the details

would really appreciate if you can post the scan of "can't plant fruit trees" clause!

the augusta folks are really pretty up front and honest.  this was one of my first questions and they answered that i couldnt plant fruit trees.  the scan of the disclosure attached.  it technically isnt prohibited but the way i read that, it might as well be

Love Canal all over again!
 
Should any Person come into contact with such fruit, soil or groundwater, such Person is advised to wash thoroughly with soap and water and seek immediate medical attention.
Yeah... that's the line that freaked us out. Maybe we are overreacting but anything that tells you to seek medical attention if you come into contact with something that is in your own backyard... danger Will Robinson, danger!!!
 
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