San Francisco, Calif. – April 2018 – A high-tech city like San Francisco requires homes to offer a lifestyle that is connected. Meeting that call is the townhome community of Palisades which offers the first collection of homes at The San Francisco Shipyard to feature Lennar’s revolutionary Wi-Fi CERTIFIED™ Home Designs, an extension of their signature Everything’s Included® program.

“Technology is changing the way we live our lives,” said Garret Chan, Vice President of Sales and Marketing for The San Francisco Shipyard. “As one of the nation’s leading homebuilders, it is important for us to not only continue to evolve our designs and offer new homes that properly reflect the way people live today, but to prepare our homes for the future.”

These homes at Palisades feature a series of mapped out and built-in wireless access points for strong and consistent connectivity throughout the home that eliminate dead spots. This engineered state-of-the-art Wi-Fi design pairs well with a high level of home automation features from trusted brands that are included through the Everything’s Included® program. With the help of Amazon Alexa, you can control the lights, front door, thermostat, music and so much more with just the sound of your voice.

Lennar is the first homebuilder to embrace the new Wi-Fi CERTIFIED™ Home Design program announced by Wi-Fi Alliance®, the worldwide network of companies that drives the interoperability, adoption and evolution of Wi-Fi® globally. Wi-Fi CERTIFIED™ Home Designs enable today’s best smart and streaming products to operate at peak performance and are ready for the future as new technologies come to market.

Similar to single-family homes, Palisades townhomes boast three-level floorplans that showcase open design, high-end finishes and two-bay tandem garages. Each level features spacious balconies as well as large private rooftop terraces that bestow breathtaking views of the Bay and city skyline. Smart but also stylish, Lennar includes quartz kitchen countertops, stainless steel Bosch® appliances and other designer-like features and finishes as a standard in every home at no additional cost.

Palisades

Prospective homeshoppers are encouraged to visit the Welcome Home Center open every day from 11 a.m. to 6 p.m. at 11 Innes Court in San Francisco. For more information call 415-975-4181 or visit www.lennar.com/BayArea.

Lennar Corporation, founded in 1954, is one of the nation’s leading builders of quality homes for all generations. Lennar builds affordable, move-up and active adult homes primarily under the Lennar brand name. Lennar’s Financial Services segment provides mortgage financing, title insurance and closing services for both buyers of Lennar’s homes and others. Lennar’s Rialto segment is a vertically integrated asset management platform focused on investing throughout the commercial real estate capital structure. Lennar’s Multifamily segment is a nationwide developer of high-quality multifamily rental properties. Previous press releases and further information about Lennar may be obtained at the “Investor Relations” section of Lennar’s website, www.lennar.com.

San Francisco, Calif. – April 2018 – The second installment of the Homeowner Happy Hour Event series at The San Francisco Shipyard was a success! This time around the event featured two local vendors, one taught residents how to make scrumptious pasta and the other complemented the lesson with fun wine tasting.

The happy hour event reeled in about 50 residents. Barbara Gratta from Gratta Wines, a local Bayview favorite, poured three different wines that tested the palettes of residents. Joshua Felciano, the mastermind behind Bayview Pasta, taught everyone the intricate process of pasta making. From start to finish residents created their dough, rolled it, cut it and finally boiled it. Homeowners were also excited to hear that Felciano is opening a brick and mortar store this summer just down on 3rd Street where they will be able to walk down and pick up their pasta to take home or dine in for the full experience.

The atmosphere was light, fun and laid-back, plus several residents enjoyed their treats and socialized in the outdoor patio thanks to San Francisco’s warm weather.

“Residents are really responding to these events—getting to mix and mingle with their neighbors, partaking in hands-on activities, but also learning and being exposed to locally-based artisans in the Hunters Point-Bayview community,” said Garrett Chan, Vice President of Sales and Marketing for The San Francisco Shipyard. “This transformative, mixed-use masterplan is quickly growing and we’ll continue to host events like these because cultivating a strong bond among our residents and teaching them about the area is what’s going to turn these collections of homes into a harmonious community.”

The San Francisco Shipyard offers new homes and a unique opportunity to live in one of the nation’s hottest and highest valued markets. Prospective homeshoppers are encouraged to visit the Welcome Home Center open every day from 11 a.m. to 6 p.m. at 11 Innes Court in San Francisco. For more information call 415-975-4181 or visit www.lennar.com/BayArea.

Lennar Corporation, founded in 1954, is one of the nation’s leading builders of quality homes for all generations. Lennar builds affordable, move-up and active adult homes primarily under the Lennar brand name. Lennar’s Financial Services segment provides mortgage financing, title insurance and closing services for both buyers of Lennar’s homes and others. Lennar’s Rialto segment is a vertically integrated asset management platform focused on investing throughout the commercial real estate capital structure. Lennar’s Multifamily segment is a nationwide developer of high-quality multifamily rental properties. Previous press releases and further information about Lennar may be obtained at the “Investor Relations” section of Lennar’s website, www.lennar.com.

Another component to consider when finding your dream home is to look at what features are included standard and/or offered in the home versus which have an additional cost. This is one of the benefits of a new home because homebuilders tend to include upgraded features that make the home feel custom designed before you even move in.

Homebuyers can also take advantage of many new energy-efficient features. Many of these features combine some of today’s most innovative products and materials and give buyers the power to save money, energy and the environment.

Everything’s Included®, and every space has a style.

From the exterior to the interior of your home, Lennar includes modern designs and finishes, plus upscale appliances and fixtures, without compromise or additional cost. Learn more about Lennar’s Everything’s Included® Program HERE.

 

INSIDER TIP

Many new homes are built in communities that offer additional amenities such as parks, playgrounds, swimming pools and community centers.

Spring has finally sprung on the East Coast and we have our sights set on the beach! Delaware is known for its gorgeous coastline and at this time of year, it’s the only place we want to be.

Lewes, Delaware is a town that combines historic charm with gorgeous beaches, and as the first town in the first state, Lewes has plenty to offer natives and tourists alike. Perhaps a little more quiet and serene than its neighbors to the South, Lewes offers great outdoor amenities, a bustling historic downtown area with quaint shops and delicious dining, and a renowned Farmer’s Market every Saturday morning from Spring to early Fall. Travelling on the Cape May Lewes Ferry is a fantastic way to cross the Delaware Bay and take in the gorgeous shoreline.

Whether you’re shopping and dining downtown, touring the Breakwater Lighthouse, or enjoying the outdoors at Cape Henlopen State Park, Lewes is a must-visit!

Want to live near the fun? Plantation Lakes Golf and Country Club is an established Lennar community with all the finest amenities of a luxury resort. Residents will enjoy a Golf Clubhouse and Restaurant, community clubhouses, swimming pools, tennis and pickle ball courts, fitness centers, and more! Its location in Millsboro, Delaware, puts Plantation Lakes just a short drive to the Eastern Shore’s finest beaches for even more area amenities.

Find out more information about all Delaware and Lewes has to offer, here: https://www.visitdelaware.com/beaches/lewes/.

One family’s journey to combine households and sell two homes using the New Home Trade-Up Program

Henderson, Nev. – April 2018 – Wendy and Earl were looking for a way to combine their two households. Each with children still at home, Wendy with three and Earl with two, they also faced the challenge of putting two homes on the market. But nonetheless, they went to check out the developing community of Remington, an all Next Gen®  neighborhood in Henderson, and fell in love with the Liberty plan.

Lennar is the first homebuilder to offer a home specifically designed for multigenerational living. Next Gen® – The Home Within A Home® by Lennar offers innovative floorplans with private suites.

“We had not heard about Next Gen® homes before,” said Wendy. “Because we are blending two households into one, and our kids are at different ages with different needs at this point in their lives, it made the option for us to combine households seem possible.”

Then they heard about Lennar’s New Home Trade-Up Program with Opendoor, an online buying and selling real estate service. Lennar’s partnership with Opendoor has created a system that makes it easier than ever for families to purchase and move into a new home. Opendoor prepares a competitive offer on the homebuyer’s current home and then allows the buyer to choose a closing date that lines up seamlessly with the move-in date of their new Lennar home.

“Moving itself is very stressful and after trying to sell a home on my own last year, and having the deal drop out of contract not once, but twice, this option is much less stressful,” Wendy said.

Many aspects about the program excited her about the opportunity. No open houses to deal with, no stress over keeping her home “show ready” in case a realtor wants to drop by with a potential buyer. No more wondering about when or if her home will sell and how much they would end up getting for it.

“The best part of the Trade-Up Program is that we will be able to stay in our homes until the day our new home is ready without worrying about closing dates changing or other unforeseen circumstances that are beyond our control,” Wendy said. And she couldn’t be more excited about moving into to her new Next Gen® – The Home Within A Home®.

“The fact that there are two separate homes in one is the best feature for sure. Also, the fact that all the appliances are included, as well as the window coverings, make it all very convenient for us to move right into the home,” she said. “Earl and I were both happy to hear about all the smart home features that are included and look forward to learning more about them.”

More than 100 Las Vegas families have used the New Home Trade-Up Program and Lennar offers it in several other markets, such as Atlanta, Orlando, Dallas and Phoenix, with plans to expand.

Lennar will even pay up $2,000 for their preferred professional movers to move you from your existing home into your new Lennar home. And, for a limited time only, Opendoor is offering reduced fees for Lennar homebuyers that use the program. The fee is similar to what you would pay a realtor to list your home, but WAY more convenient!

Find Everything’s Included® new home communities in Las Vegas where the trade-up program is offered by visiting www.lennar.com/lasvegas.

Learn more about how to take advantage of the program by visiting www.opendoor.com/lennar.

About Lennar

Lennar Corporation, founded in 1954, is one of the nation’s leading builders of quality homes for all generations. Lennar builds affordable, move-up and active adult homes primarily under the Lennar brand name. Lennar’s Financial Services segment provides mortgage financing, title insurance and closing services for both buyers of Lennar’s homes and others. Lennar’s Rialto segment is a vertically integrated asset management platform focused on investing throughout the commercial real estate capital structure. Lennar’s Multifamily segment is a nationwide developer of high-quality multifamily rental properties. Previous press releases and further information about Lennar may be obtained at the “Investor Relations” section of Lennar’s website, www.lennar.com.

Central Valley, Calif. – April 2018 – Many first-time homebuyers will enter the real estate market this year, along with families who will move-up into a new home. Loan limit lending increases for 2018 has allowed many homeshoppers to finally enter into the market. Loan lending limit increases have created a real opportunity for many buyers, and Lennar’s simplification of the new homebuying process makes a new Lennar home an ideal choice.

“The Federal Housing Authority (FHA) increased loan limits all over at the start of the year, including in Kern, Fresno and all the counties where we have new home communities,” said Susan Wilke, Vice President of Sales and Marketing for Lennar Central Valley. “It’s a great for prospective buyers, because it expands their purchasing power and allows some buyers to finally enter into the market.”

In Fresno, Kern, Merced, Kings, Tulare and Madera counties, FHA loan lending limits increased to $294,515 for single units. FHA loans are designed for borrowers unable to make a large down payment. The increase in lending limits will give many prospective homebuyers the purchasing power needed to enter the market in 2018.

Lennar has new home communities for all types of households, including first-time, move-up, empty-nesters and multigenerational families. By providing a variety of home sizes and designs at each community, families can find the home and layout that’s perfect for them.

Often, that journey starts with the help of our New Home Consultants(NHC), who are licensed real estate agents with expertise in the new home industry. Prospective homebuyers are encouraged to come in and speak with a NHC at the start of their new home search, even if they are not already or don’t plan on working with a broker. NHC’s know which communities offer the type of homes the shopper is looking for, can inform you on what’s available and help assist you in your new home journey along every step of the way.

Lennar’s signature Everything’s Included® program has revolutionized the new home buying experience by including a high level of standard items with incredible value at no additional cost. Items that most builders typically charge extra for, such as stainless steel kitchen appliances, granite or quartz countertops, designer-selected flooring, upscale cabinetry and the new home automation package.

Lennar is now selling new homes in active communities across the Bakersfield and Fresno markets. Start your search today by visiting www.lennar.com/bakersfield or www.lennar.com/fresno.

With hundreds of communities nationwide and homes designed for first-time, move-up and luxury homebuyers, Lennar has grown to become one of the nation’s leading and most respected homebuilders. Lennar has a longstanding history of building homes of enduring quality in only the most well planned and desirable locations throughout the country.

Picture yourself in a luxury home with an elegant coastal design, upscale kitchen and open concept floorplan that has a breathtaking view of the water. This can be your new reality in WCI’s SouthShore Yacht Club.

When you come home to this community, you’ll see elegant homes with interiors designed for seaside living. SouthShore Yacht Club offers a quiet escape to unwind and simply enjoy life.

Whether you have a boat, or just want to live near the water because of the relaxing views and atmosphere, SouthShore Yacht Club has it all.

A serene waterfront location with many things to do

Nestled on the southern shores of Tampa Bay, SouthShore Yacht Club is a boater’s paradise. If you have a waterfront home, you’ll have the option to have a dock and boatlift, or you can keep your boat in nearby Little Harbor’s full-service marina and boathouse.

Rent a boat from a nearby marina, or take your boat to the many waterfront restaurants in the area. As one example, the new Tiki Docks, scheduled to open later this year, will be built on the Alafia River with a large area to pull up your boat.

For other local dining favorites not on the water, visit the top-rated Popi’s Place Family Restaurants or Julie’s Fish House.

Invite your friends and family on a deep-water fishing trip to the Gulf of Mexico, or have a picnic on a small island nearby, such as Tropical Island. In addition to boating, the options for recreation seem endless within the community. Planned amenities include a resort-style pool, dog park, and private state-of-the-art clubhouse and fitness center.

Floorplans are designed to fit your lifestyle

SouthShore Yacht Club will have nine open concept floorplans with one-story and two-story options, ranging from 1,986 square feet to 3,442 square feet. The homes are specially designed for maximizing views of the water and areas for gathering and entertaining.

The casual coastal lifestyle begins when you walk through the front door and see the impressive view of the water through the large sliding glass doors. It extends out to the covered outdoor living space, with the option to add an outdoor summer kitchen that can be used nearly all year long.

All homes in the community will be part of The Bayview Collection, with upgraded luxury features available to buyers such as upgraded flooring options, quartz countertops, built-in double ovens, and a tile roof.

A quick drive to major cities

Located near U.S. 41 and I-75, SouthShore Yacht Club is centrally located near Tampa, St. Petersburg, Bradenton, and Tampa International Airport.

SouthShore Yacht Club is located at 3023 Christophers Watch Lane in Ruskin. Homes in SouthShore Yacht Club are now for sale, with prices ranging from the $400s to the $800s.

To find the home where you can create your own waterfront lifestyle, call 844-478-5430 or visit WCI’s website.

Everyone seeks to accomplish the American dream and become homeowners one day, but what do you do when your parents offer to help make this dream a reality?  Do you happily accept the offer or hesitate because you don’t want to feel indebted? Explore these four ways your parents can help get you into your first home in this RealEstate.com by Dana Bull.

Q: My parents want to help my wife and I purchase a house. Should we take them up on their offer and how do we go about it?

A: Long gone are the days of your parents dishing out lunch money and stipend allowances. Now there’s bigger financial fish to fry. Even after you’ve left the nest, parents never stop being parents and what do you do if they graciously offer to help you with your home purchase?

There are many reasons mom and dad want to lend a helping hand. What’s their motivation? For one, they love you and want to give you the monetary head start to live out the American dream. If your parents own their own property, chances are they want to see you follow in their footsteps, settle down and start cranking out grandchildren. Some may even feel empowered by having the ability to still provide for their adult children and give them a shot at a lifestyle they may not be able to afford on their own. Also, let’s not forget that there could be some tax advantages if the gift is structured appropriately.

So, what are some common ways to go in on a deal with your parents?

1. Gift Contribution Toward the Down Payment

If you’re strapped for cash, but otherwise financially qualified and in a solid position to keep up with monthly mortgage payments, you may only need help with the down payment. Most lenders allow borrows to use gift money from a family member for a portion of the down payment. This scenario is relatively straightforward and will require a gift letter from your parents and proof of funds.

A few things to note when receiving gift money: Typically the banks will only let it slide if you are looking to owner occupy the property, meaning you’re not using the real estate as an investment by renting out the space. Gift givers should also know that the IRS has a max annual tax exclusion of $14,000 per recipient annually.

2. Providing a Loan

If your parents have deep pockets, but aren’t exactly keen on gifting you the money outright, they may be interested in providing you with a loan. Rather than securing a mortgage from a traditional lender, you tap the bank of mom and dad. This can be a win-win for both your parents and for you. The idea is that you would pay interest on the loan just as you would with a conventional mortgage. This interest provides your parents with a reoccurring revenue stream. Assuming your parents have liquidity to make the funds available, you can position your offer to purchase a property without a mortgage contingency. Not only does this approach eliminate the red tape associated with working with a conventional lender, waiving the financing contingency will also strengthen your offer.

Before you start wheeling and dealing, you’ll want to speak with an accountant. Keep in mind that even family loans are subject to IRS scrutiny and your parents will have to report interest payment earnings as taxable income just as they would with any other interest bearing investments.

Continue reading the full article HERE.

 

Santa Clarita, Calif. – April 2018 – Lennar Valencia celebrated a highly successful Grand Opening for Galloway at Five Knolls, an exclusive community designed for those 55 and better in Santa Clarita. Close to 1,000 people came out to attend the event and enjoyed complimentary snacks and refreshments while they toured the stunning model homes available at Galloway.

“The fantastic turnout for the Grand Opening of Galloway at Five Knolls is a testament to the active-adult market and Lennar’s commitment to delivering a product that speaks directly to them,” said Ken Melvin, Division President for Lennar LA/Ventura. “Located in the sunny city of Santa Clarita and in the desirable Five Knolls masterplan, Galloway showcases a beautiful collection of upscale floorplans with first floor master suites for single-level living designed specifically for active adults looking for a low-maintenance lifestyle.”

Priced in the upper $500,000s, Galloway offers three distinctive floorplans that range from approximately 1,836 to 2,458 square feet boasting a spacious two-story design featuring one to three bedrooms and up to three bathrooms. Designed with active adults in mind, the luxurious master’s suite is conveniently located on the first floor for single-level living.

Crafted with style, convenience and comfort in mind, these new residences showcase Lennar’s signature Everything’s Included® features and new Wi-Fi CERTIFIED™ Home Designs. Each home features built-in wireless access points for whole-home connectivity, integrated home automation features, elevated kitchens with center islands, granite countertops, high-quality cabinetry and stainless steel appliances and energy-efficient items for a greener way of life.

Galloway residents will enjoy private access to their own Recreation Area which has a future planned swimming pool, whirlpool spa, outdoor kitchen, fitness center and enclosed lounge. The neighborhood is also right next to the new YMCA and Senior Center facilities that are coming soon, directly across from Golden Valley Park.

Now open, interested parties should stop by the Welcome Home Center located at 20568 Galloway Drive in Santa Clarita. Visit www.lennar.com for more information.

Lennar Corporation, founded in 1954, is one of the nation’s leading builders of quality homes for all generations. Lennar builds affordable, move-up and active adult homes primarily under the Lennar brand name. Lennar’s Financial Services segment provides mortgage financing, title insurance and closing services for both buyers of Lennar’s homes and others. Lennar’s Rialto segment is a vertically integrated asset management platform focused on investing throughout the commercial real estate capital structure. Lennar’s Multifamily segment is a nationwide developer of high-quality multifamily rental properties. Previous press releases and further information about Lennar may be obtained at the “Investor Relations” section of Lennar’s website, www.lennar.com.