Grey Fox Ridge An Energy Star Development.ppt by handongqp

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									 Grey Fox Ridge
An Energy Star Development

                            Why is
                         Grey Fox Ridge
                         Right for You?
Grey Fox Ridge Smart
      Choices

 The Right Amenities.
The Right Incentives.
The Right Availability.
The Right Loan Choice.
      Grey Fox Ridge Amenities
• Subdivision
    – The Only Energy Star Development in Northern Arizona.
    – City maintained streets.
    – Deed Restrictions to insure your investment.
• All Standard Home Features meet the high efficiency Energy Star Ratings.
    – Energy Star
        • 5 Star Certification.
        • 20-30% savings of monthly utility costs.
    – Green Guidelines per Federal Standards.
        • Sewer System, Tile Roofs and more.
• Home Owner’s Association
    – Only $50 per month Including
        • A park with common areas leading to Verde River Corridor access,
        • Watering and maintenance of common area landscapes and front yards from POA (non-
          potable) well at no extra cost.
      Grey Fox Ridge Incentives
•   Buyer’s Choice instead of ‘Where is, As is’.
•   Brand New Custom Development and Homes.
•   Whole Home Solar System at no extra cost.
•   Full Two-year Warranty.
•   Meets Competitive Appraisal.
•   View Shed Home Sites.
•   Close Proximity to town, schools, parks,
    hospital and shopping.
   Grey Fox Ridge Availability

• 3 Homes Complete – Turn-key ready to buy.
• 17 home and lot packages available to build.
  – From 1312sf to 3000sf.
• Customized floor plan and pick your own lot.
• Residential lots from $59,900 to $105,000.
• Staff ready to help you with all your home
  buying options.
  Loans - Which is Right for You?
Whether you are:
• A Professional
• A First-time Homebuyer
• Have Modest Income with no down-payment
  or in need payment assistance.
• Looking for a second or retirement home
• Need a great conventional loan
• Or wish to buy a lot to build on later
The Right Loan is an
 important decision.
We have a broad range
 of lending options
 designed with YOU
      in mind.
• BBVA Compass Bank
  – Professional Residential Loan
  – 1stTime Home Buyer Loan
• USDA
  – Direct Loan
  – Guaranteed Loan
• Arizona Home Buyer Solutions Gift Program
                                    (TM)



• Arizona Housing Finance Authority MRB Plus
• Conventional Loans
• Lot Loans
• Construction Loans
        BBVA Compass Bank
Professional Primary Residence Loan
• Available for Physicians, Attorneys, CPA’s &
  Dentists.
• Up to $1,000,000.00 loan.
• Down- Payment as low as 5%.
• Private Mortgage Insurance is NOT required.
• Student Loans deferred for 12 months are
  NOT counted in qualifying ratios.
            BBVA Compass Bank
        First Time Home Buyer Loan
•   Haven’t owned a home in 3 years.
•   First Payment not due for 3 months.
•   Down payment as low as 5%.
•   NO Origination Fee.
•   NO Private Mortgage Insurance.
•   Cannot exceed $417,000.
•   Low closing costs.
                   USDA Direct Loan
       Low-Low or Low Income Subsidized Interest Loans
•   NO Down payment.
•   NO Mortgage Insurance.
•   Direct from Federal Government.
•   Subsidized Interest.
    – Monthly payment reduced as low as 1% interest.
• Closing Costs can be financed into the loan.
• 33-38 year loans available.
• Credit Score.
    – Somewhat flexible around 650.
• Income Limits .
    – starting at $18,850 for 1 person.
    – and $43,050 for a 4 person family.
          USDA Guaranteed Loan
• NO Down payment.
• NO Monthly Mortgage Insurance.
• 30 yr Fixed Rate Financing.
• Up-Front Fee of 3.5% presently which can be
  rolled into loan.
• Income Limits – Yavapai County.
    – 1-4 persons up to $73,600
    – 5-8 persons up to $97,150
• No Loan Limit.
• Must be Primary Residence.
    Arizona Home Buyer Solutions          (TM)



             Gift Program
• Up to 2.5% Gift with no obligation to repay
  after 5 months ownership.
• Only with FHA 30 year fixed loan, no pre-
  payment penalties.
• Minimum FICO 620 all borrowers.
• Seller can pay 6% of buyer’s closing costs
• Co-signer’s OK.
  Arizona Housing Finance Authority
             MRB Plus
• Financing and Down-Payment Assistance.
• First time homebuyers.
• Assistance of 5% of Purchase Price may be
  used for Down Payment or Closing Costs.
• No Payback required after 5 years.
    Conventional Residential Loans
• Down Payments can vary.
    – Primary Residence 20%.
    – Secondary Residence 30%.
    – Some programs as low as 5% down.
•   NO Mortgage Insurance.
•   Closing Costs varies.
•   680 Credit Score and up.
•   Credit Score drives interest rates.
    – 15 year loan – 3.5% and up.
    – 30 year loan – 4% and up.
              Residential Lot Loans
•   For Primary or Secondary Residence.
•   Low Closing Costs.
•   Affordable Payments.
•   25% of Purchase Price.
•   Example from National Bank of Arizona.
     – based on a $69,000. Purchase Price.
        Down       Loan       Monthly      5/1 Arm             Loan Costs
        Payment    Amount     Payment
        25% =      75% =      $472.41 PI   Rate fixed for      1% = $517.
                                           the first 5 years
        $17,250.   $51,750.                then adjusts
                                           annually – up to
                                           15 years
    Course of Construction Loans
• With Approved Loan Status Report from
  permanent lender.
• Preferably 20% down but can be less.
• Interest rate ranges from 6 ½ to 7 ½ % varies.
• 1% Origination Fee.
• Up to 1 year – can vary.
• Can be rolled into permanent financing.
           Grey Fox Ridge by
• Bill Bullock, C&B Construction, Inc.
  – Master Builder with over 35 years experience.
  – Arizona Commercial and Residential Contractor.
  – Voted #1 in 2008.
  – General Contractor and Developer.
  – Contractors Residential License # 39973B
  – (928)239-0144
       Exclusive Representation
• Yavapai Realty LLC
  – Esther Talbert, Broker
     • (928)254-0525
     • esther@yavapairealty.com
     • www.yavapairealty.com
• Co- Representative
  – Mingus Mountain Real Estate
     • Janette Tomlinson, Agent
        – (928)301-2161
        – janandamy@gmail.com
Presentation by Yavapai Realty LLC
  Esther Talbert, Designated Broker
  Together we can make a difference!

								
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