Villages of Columbus - Columbus Grove - Lantana

NEW -> Contingent Buyer Assistance Program
<p>does anyone know how many units(1,2,3) are left now? is it likely that they will put more incentives in there(specially nov. move ins)</p>

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Veekay, read up on some of the threads on Columbus Grove communities and then go visit. They are willing to deal, but you need to show them you are interested and qualified. I'd use the information you've seen here as a base and negotiate from there. You have nothing to lose by submitting and offer you will be happy with. I bought a property in VOC recently, and was able to get 150K off lowest asking price using a combo of incentives/price reduction.
 
Thanks for your reply rtlguru,



I spoke to the sales rep today. They are offering 75K incentivies on all of their homes and 125K incentives on water lily homes which are backing canal.

Did you get the 150K incentives on the water lily house or the other home?

I am going to visit Lantana omorrow.



~VeeKay.
 
<p>I do not know about you guys but incentives do not do it for me. I want hard cash either in my pocket or applied to the price. </p>

<p>It is like when we were planning for our wedding and most of the hotels wanted to have a $20-40K minimum when we only had about 60 guests. . .there is only so many $5 hors d'ourves that I wanted to buy.</p>
 
<p>IrvineCommuter,</p>

<p>The 100k incentive were to be used towards the purchase price. As they put it, "you can spend it however you want it. even 100% towards the purchase price."</p>
 
Lantana is one of the more heavily discounted builds at the moment. I don't know why exactly considering kensington court down the street(lyon homes also), is not budging at all and they're in their final phase. EIther way, none of them are really selling since only 10% of the population can quailfy for a loan that size.



The funny/sad part is if you go on redfin right now there's a couple lantana homes for sale that were built last year. All of them priced at least 200 grand above a new home build price. One of them has a picture of a pretty plain home and a picture of his garage with an 85 toyota corolla in the there...you think that guy might have bought in a little over his head? Does anyone know...if you buy a house below the price of the original purchase, then which amount is your property tax based on?
 
The tax rate is based on your purchase price. If it went down then you pay the lower amount. If you have your tax payment impounded then they may use the prior tax rate as the estimate. However, in the end, you'll get a refund if they over withheld on taxes.



Keep in mind that although the purchase price goes down along with your 1% tax bracket, the mello roos and CFD's stay the same (fixed cost). So if they estimated 1.8% at 1M home = $18K, some 7K of that could be mello roos. In which case you 800K home will still have that 7K mello roos plus 1.05-1.1% property tax. You save some money, but it's not a straight 1.8% percentage discount savings based on your home price.
 
<p>New E-mail</p>

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I think it is one of the november move -ins. What is the availability now for plan 1,2 and 3?



any change in incentives?



They dont look desperate looking at the prices.
 
If you want to buy 1 of these homes now, look at the asking price and put in a bid for $150k less. You might have to negotiate up a little bit but they should be willing to deal as we get closer to the Holidays. For me I am looking at waiting at least another year to see how bad it gets. Good luck!
 
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