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Salt Lake City, Utah – September 2018 – Lennar is excited to announce that Next Gen® – The Home Within A Home® will soon be offered for the first time in the state of Utah. Lennar launched their line of Next Gen® homes back in 2011 as a direct response to the rise of multigenerational households across the country. Since then, that rate has only increased and Next Gen® homes have become popular in major markets all across the country.
“We are thrilled that we are going to be able to offer Next Gen® homes in our market, here in Woods Cross,” said David Prolo, Division President for Lennar Utah. “Utahans are proud of being very family-oriented, and with so many big families in this state – Next Gen® homes are surely going to be a popular choice.”
While many Next Gen® floorplans exist, every Next Gen® home includes an attached private suite with a separate entrance, living room, bedroom, bathroom and kitchenette. An interior, lockable door connects the two homes allowing for as much togetherness or privacy that’s desired. In some Next Gen® luxury homes, the suite may include a retreat area in the bedroom or access to a one-bay garage.
Next Gen® homes have become popular with so many different types of families because of its versatile design. Sometimes it becomes the home for aging parents who require the help of someone living nearby, or young grandparents who not only help their adult child buy a home, but also help provide childcare for grandkids. It also can be the home of young adults attending college, or young married couples saving up to be able to buy a home of their own, and often as a home office or the ultimate guest suite.
Adding to the value of these homes is Lennar’s signature Everything’s Included® program, which provides valuable features and upgrades at no additional cost. Stainless steel appliances, quartz countertops, stainless steel appliances, home automation and more come included in every new Lennar home – and in Next Gen® homes, the suite can come with an additional refrigerator, microwave oven and dishwasher as well.
Lennar is very excited to begin offering these homes in the state of Utah. For more information on Next Gen®, visit www.lennar.com/nextgen.
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.
If you’re buying a new home for the first time, you might wonder what a homeowners association is and why it’s beneficial.
Quite simply, an HOA is a group of homeowners that helps ensure that a community keeps its character and quality.
How does it do that? As three examples: HOAs are often in charge of maintaining the landscaping in common areas, running the clubhouse and community activities, and ensuring that homeowners maintain their property.
So as homebuyers consider whether they want to live in a community with an HOA, it’s important to consider the benefits:
Curb appeal
The HOA oversees the maintenance of such common area amenities as landscaping, ponds, green spaces, dog parks, and even a fitness center. The HOA will make sure the people hired to do the work are licensed, insured and trained professionals.
To maintain the consistent appearance of the community, an HOA manager will regularly drive through the community and, if needed, will send letters to homeowners if they are falling behind on upkeep. At the same time, the HOA checks for other issues. For example, if a streetlight is out, the HOA will get it fixed.
The HOA also provides deed enforcement for architectural guidelines such as external paint colors and outlines provisions such as not having street parking, where residents should put garbage cans, and other community standards.
Long-term value
The HOA has a reserve fund and an operating fund, so the community can handle day-to-day needs like pool maintenance and still save for bigger projects like replacing a clubhouse roof or adding a new amenity.
An HOA also helps support stable property values because the entire community is maintained, and therefore more appealing.
Security
If the community has an access gate, or one at each entrance, the HOA will manage the gate and make sure it’s fully functional at all times.
The result? As a homeowner, you get peace of mind, knowing that the community will be maintained, from the common areas to the overall appearance.
In general, your home will be a great place to live for you and your family.
Tulare, Calif. – September 2018 – Lennar is excited to announce the official Grand Opening event of the Cambridge Collection at Windmills will take place on Saturday, October 6 from 11 a.m. to 2 p.m. Home shoppers are invited to bring the whole family for fun activities and the opportunity to tour the professionally-decorated model homes.
“This is going to be a really fun event and we’re excited to show off the new model homes,” said Susan Wilke, Vice President of Sales and Marketing for Lennar Central Valley. “These homes offer a great opportunity to own new in the area, perfect for first-time buyers or those looking to move-up into a home that’s all brand-new.”
The event will have fun games for attendees to participate in including ring toss, giant jenga, corn hole, live music, face painting and a food truck. Attendees will also be able to tour the two beautiful model homes.
Lennar offers six distinctive floorplans from their Cambridge Collection at Windmills, including two Next Gen® – The Home Within A Home® designs. Lennar’s line of Next Gen® homes were created specifically for multigenerational families, and every home includes an attached private suite with separate entrance, living room, bedroom, bathroom and kitchenette.
In total, the six home designs range in size from approximately 2,000 to 2,697 square feet. Offering three to five bedrooms and two to three bathrooms, each home also comes with outfitted with Everything’s Included® features at no additional cost. Stainless steel appliances, quartz countertops, integrated home automation products and technology and so much more comes included in every home at Windmills.
The event will take place on October 6 at the Welcome Home Center located near Bardsley Avenue and Morrison Street in Tulare. For more information or complete directions visit www.lennar.com/fresno or call 559-554-1147.
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.
We get it. You’re looking for your dream location, your dream community, and your dream home. You want to be close to Washington, D.C. – whether it’s for your career, the amazing restaurants or the fantastic entertainment and night life – but you also want to pretend you’re a world away from the hustle and bustle of the city. Not to mention you would love to pop over to National Harbor for brunch on the water or test your luck at the brand new MGM Casino.
Enter: St. Charles in Charles County, Maryland. This master-planned community is close to everything you could ever need, but far enough to keep you energized. As part of the Baltimore-Washington Metropolitan area, St. Charles offers a central location that is easily accessed by major roadways, including U.S. Route 301, Maryland Route 5, 228 and 210, as well as the St. Charles Parkway. Only 30 minutes from Washington, D.C. and about 25 minutes from National Harbor, enjoying the excitement of the city for its cultural amenities, sports and entertainment events couldn’t be easier!
Outdoor adventure more your thing? Charles County is one of the most scenic regions in the Mid-Atlantic, featuring miles of shoreline, parks, agriculture and maritime history. Enjoy camping, fishing, hiking and crabbing (of course) through the county’s ample parkland. St. Charles also features an unmatched abundance of outdoor recreational choices. From playgrounds, tennis courts and ball fields within our neighborhoods, to the miles of hiker and biking trails meandering around serene ponds and through wooded protected forest land, St. Charles’ 9,100 acres
welcome the committed athlete and the nature lover. Central to the community is White Plains Regional Park with an 18-hole public golf course, lit tennis courts, a 15,000 square foot skateboard park, ball fields, soccer fields and a dog park. Love baseball? The state-of-the-art Southern Maryland Blue Crabs Stadium is right around the corner! Take in a game, enjoy the fireworks, or attend one of the many events hosted at the park.
St. Charles, a Lennar Everything’s Included® community in Charles County, Maryland is the perfect location for your dream home! Visit our website or call (888) 214-2073 to book your tour today!
Imagine if you could sell your current home for a cash offer at a time that coordinates with the closing date of your new Lennar home. Lennar has teamed with Opendoor, an online real estate marketplace that radically simplifies home buying and selling, to create the New Home Trade-up Program to do just that. Learn more about this amazing trade-up program in this Tennessean.com article by Jamie McGee.
Opendoor, a San Francisco-based real estate company, has joined the Nashville real estate market, buying as many as eight homes a day through its online platform.
Along with a separate real estate company Felix, Opendoor provides new options for home sellers that accelerate and simplify the home sales process. With the backing of institutional investors, Opendoor will pay cash and make offers within 48 hours.
“Today if you own a home and want to sell it, it is a pretty painful process,” PJ O’Neil, who launched the Opendoor Nashville market, said. “We are making this as easy on sellers as possible.”
Through Opendoor, a seller can avoid the headaches associated with making home repairs, showing the property and hosting open houses. The company makes an offer on a seller’s home based on uploaded photos and the address they send, and any repairs the home needs are covered by the seller. A seller can back out at any time if they do not agree with Opendoor’s prices.
Opendoor earns revenue by charging a service fee about 6 to 6.5 percent of a home sale price, which is comparable to what real estate agents charge.
The downside for a seller using Opendoor is that they miss the opportunity to test the market, O’Neil said. But, they also miss out on the hassle of painting, carpet refurbishing, keeping a clean house as they seek buyers and an uncertain timeline for the sale.
Institutional investors and banks provide credit lines for Opendoor, allowing the company to make cash payments to sellers. The seller can then make cash offers on a new home, giving them a competitive edge as a buyer.
Once Opendoor buys the home, it typically takes two weeks to carry out repairs before putting it back on the market. The Opendoor app allows home shoppers to tour a home at between 6 a.m. and 9 p.m. without an appointment, streamlining the home shopping experience.
“When you are ready to tour it, it’s as easy as showing up to the home, pulling out your phone, pushing a button on our app and the door unlocks seamlessly,” O’Neil said.
Opendoor chose the Nashville area for expansion because of its strong job growth and housing stock, O’Neil said. Because it targets homes that were built after the 1950s and cost between $100,000 and $500,000, most of its activity has been in counties surrounding Davidson County, rather than in the city’s core
Opendoor employs 17 people in Nashville and hopes to double its team by next year.
“We are very bullish on this market and are really excited to continue to grow here,” O’Neil said.
Opendoor launched in May in Nashville, buying a home a day for two months. It has since accelerated purchases about three to five a day. In early August, eight homes were sold in a single day. The company began in Phoenix in 2014 and today buys about 1,400 homes a month across all markets.
Continue Reading the Full Article Here.
Irvine, Calif. – September 2018 – Take your living experience to the next level with Lennar’s luxury collections of new homes throughout Irvine, including Lumiere and Starlight at Altair Irvine and Crescendo and Capella at Cadence Park. All four collections present buyers with an incredible opportunity to purchase a new, high-end home in the heart of Orange County. Experience innovative floorplans boasting exceptional designs details like basements with courtyards and fireplace, flexible bonus rooms and a top-of-the-line Everything’s Included® package with home automation technology. Come out and tour the models today and learn how you can save thousands on select quick move-in homes when you close by the end of November—just in time for the holidays!
“Find a home that’s right for you and your family across the family-friendly Cadence Park or resort-inspired and guard-gated Altair Irvine, each offering an unparalleled living experience that redefines luxury,” said Janet Price, Marketing Director for Lennar California Coastal. “Living in one of Lennar’s new homes in Irvine offers a lifestyle of natural beauty, mild climate and world-class education. Live the coveted coastal California lifestyle with some of its greatest attractions located less than a half an hour away.”
Lumiere and Starlight at Altair Irvine showcase architecture that takes inspiration from California’s elevated yet casual style of living. Choose from a variety of distinct floorplans ranging in size from approximately 3,084 to 6,613 square feet including three to six bedrooms and three and one-half to six and one-half bathrooms. Encounter opulent details throughout including charming den spaces, enchanting courtyards, dual master bedrooms and spacious secondary bedrooms, upper decks, lofts with wet bar, basements with wine cellars and sliding doors to an open courtyard and so much more!
You don’t need to leave the neighborhood to find recreation and relaxation. Altair Irvine boasts resort-inspired amenities including a sprawling 7,100-square-foot resident-only clubhouse surrounded by outdoor spaces with barbecues, fireplaces, tennis courts, pools, spas and tot lot. The Club at Altair Irvine is scheduled to open December 2018.
Lennar’s collections at Cadence Park is situated within the sought-after Great Park Neighborhoods which provides a family-friendly setting with high-end amenities and walkability to some of the area’s most acclaimed schools. Capella and Crescendo offer distinct floorplans ranging in size from approximately 3,740 to 4,585 square feet of living space including four to five bedrooms and four to five and one-half bathrooms. Experience the ultimate in luxury details with flexible den spaces, covered porches, expansive California rooms with fireplaces, open layouts that make entertaining easy, spacious secondary bedrooms, stunning spiral staircases per plan, master suites with retreats and so much more.
Cadence Park residents will enjoy the expansive of amenities at all the Great Park Neighborhoods that contribute to a unique and elevated living experience, including walking and biking paths shaded by grand heritage trees, pools, spas, indoor gathering areas, parks, sports fields, playgrounds, new school and much more.
Each home across these four collections offers Lennar’s signature Everything’s Included® program that outfits each new home with today’s most popular upgrades and features at no additional cost. Enjoy quartz countertops, stainless steel and energy-efficient appliances, beautiful cabinetry with soft-close hinges, home automation technology including Amazon Alexa and much more. The program now features Lennar’s Wi-Fi CERTIFIED™ Home Designs, meaning high-performance wireless coverage is guaranteed on every floor, so you can operate today’s best smart and streaming products at peak performance.
The Next Gen® – The Home Within A Home® floorplan is also available at Lumiere, Starlight and Crescendo. Experience a convenient and simple solution to multigenerational living with this unique design that provides a separate suite to the home complete with its own entrance, kitchen, bedroom, bathroom and living area. This is perfect for families looking to move their parents in to spend more time with their grandchildren.
With a wide selection of quick move-in homes available now, you can get your move on today and save thousands along the way. Interested homeshoppers are encouraged to visit each collection and tour the model homes. For more information, please visit www.lennar.com/orangecounty.
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 o
Are you considering moving to Nashville, TN? You are not alone! Nashville was ranked number 13 out of 100 best cities to live in 2017 by U.S. News & World Report. Known best for the country music scene, Nashville is also a growing city with big industries such as health care management, automobile production, and finance. Here’s the top 3 reasons why to call Nashville your new home!
One of the strongest reasons people are moving to Nashville is because of the job market. Nashville is known for its healthcare industry with more than 400 health care businesses. Home to Vanderbilt University and Vanderbilt Hospital, Healthcare of America (HCA), and Community Health Systems (CHS), the healthcare industry employees thousands of local Nashville residents. Plus, technology is booming with healthcare startups moving to Nashville. The automobile industry is another large employer throughout Middle Tennessee with Nissan and General Motors both in the area. The community of Harvest Point in Spring Hill, TN is located roughly 5 miles from the General Motors factory making your commute to work a breeze.
Looking to further your education or do you have a teen who will be going off to college in a few years? Tennessee is home to more than 75 colleges and Nashville is near some of the biggest schools including Vanderbilt University, Middle Tennessee State University, and Belmont University. Tennessee also boast the Drive to 55 alliance which offers graduating high school seniors 2 years tuition free to any community or technical college.
Move to Nashville and you will never be bored! Everyone knows Nashville is the music city and the city is proud of that heritage with free concerts a common occurrence downtown. Don’t think just music when you think of Nashville. The city also has delicious restaurants, a variety of museums, sports games from football to hockey, and even a vineyard! No matter what you enjoy, you can find it in Nashville.
Contact Lennar today at 615-236-8076 to find your new home in Nashville. Who knows, maybe your neighbor will be a country music star!
Stay connected with Lennar Nashville on Facebook, Twitter, and Instagram to learn about all our upcoming events, communities, and specials!
During the home buying process, you may be flooded with advice from everyone that surrounds you, which will lead you to do some research of your own. Many resources might have contradictory information about mortgages, leading you to question what tips to follow. Learn about 6 mortgage myths that you can ignore in this RealEstate.com article by Casey Fleming.
If you’re looking to buy your first home, you may be getting lots of advice from everyone. That’s normal. Your mortgage is the largest expense you will ever make and everyone has an opinion. But as you take in advice, avoid buying into these mortgage myths.
We have ways of documenting alternative credit. If you have monthly bills, do you pay them reliably? What monthly bills do you have for which you can document your payment history?
Your rent payments can be documented with a Verification of Rent completed by your landlord, or 24 months of cancelled checks. Your utility bills (gas, electric, cell phone, cable) can be documented with an online history that shows on-time payments. With a bill in hand, a mortgage broker can have his or her credit agency call the service provider to confirm your history and actually include it in your credit report!
Not all lenders accept “alternative” credit, but some do. You may pay a small premium, but don’t let thin or weak credit ruin your dreams of buying a home.
You do need to demonstrate that you have the ability and willingness to pay your debts; that’s not unreasonable. You do that by showing the lender how you’ve handled monthly debt obligations in the past. The easiest way is your credit report, which shows the lender how you’ve done in the past — for better or for worse.
What if you haven’t always been perfect? Any lender can work with a few light bruises, and some lenders not only work with heavily bruised credit, but specialize in it. You may pay a little to a lot more, but if you want to buy a home at least you can. Moreover, a mortgage is a terrific way to rebuild your credit so you can get a better loan later.
Pre-approval means that someone has reviewed your documentation and determined that you qualify for the loan you seek, provided the property you find meets the lender’s standards. However, it is based on a snapshot in time and things change. What can change?
Be aware that even with a rock-solid pre-approval in hand, you might not get the loan once you find a home and get your offer accepted.
Your employment can; the moment you receive notice that you are being laid off, you are no longer approved.
Stock markets crash. If you hold stock, your available cash could disappear very quickly.
Underwriting guidelines change. You may be approved for the mortgage program you want under a set of guidelines that exists today, but if they change, so does your pre-approval.
Interest rates could rise before you find a home, increasing your monthly payment beyond what you can afford.
The bottom line: Be aware that even with a rock-solid pre-approval in hand, you might not get the loan once you find a home and get your offer accepted.
Many folks pay their taxes and insurance with their mortgages. The lender then pays the County Assessor or the insurance company when the bills come due. (This is called an “escrow” or “impound” account.) Some people would rather keep that money in their own accounts and earn interest on it.
If you put 20 percent or more down on your home, an escrow account is not required. Should you do it anyway? It depends on your circumstances and concerns. But you don’t have to if you don’t want to.
Continue Reading The Full Article Here.
Las Vegas, Nev. – September 2018 – Do your pets rule your home? Trying to sell your home when you have pets can be difficult, but with the Trade-Up Program you can bypass all the showings and open houses! Your furry king or queen can stay at home where they feel safe until you move into your new castle! Get a free offer on your home here.
“There are a ton of incredible benefits of the Trade-Up Program,” said Ashley Max, Marketing Manager for Lennar Las Vegas. “It allows families to sell their home online at a competitive rate and then buy a new Lennar home in a timeline that works seamlessly for them.”
Similar to trading in your car for a new one, this is a revolutionary way for families to buy and sell homes. The process is simple and can be summed up in these three easy steps.
Step one is the fun part — choose your new Lennar dream home! Lennar’s Everything’s Included® homes include a high level of standard features, such as home automation technology, energy-efficient features like programmable thermostats, popular features such as gourmet kitchen appliances, granite countertops and much more.
Step two begins with Opendoor.com/Lennar, a website that gives you a free offer to buy your existing home at an agreed upon price. Working with Opendoor is unlike any other home selling experience and you can sell your home entirely online. You can also sleep safely knowing that your Opendoor offer will be a transparent and competitive one, without the many hidden costs involved in a traditional sale. For a limited time only, Opendoor is offering reduced fees for Lennar homebueyrs that use the program. This fee is similar to what you would pay a realtor to list your home, but much more convenient!
Step three, simply enjoy a seamless home buying and home selling process! Combining Opendoor’s selling process with Lennar’s buying process is not only easier, but it also saves you time. You can move into your new home in as little as 30 days.
Move on a timeline that’s designed for you. Lennar and Opendoor will time the closings of both homes so there is no need to move twice, board pets or put things in storage.
Lennar’s Trade Up Program
Move on a timeline that’s designed for you. Lennar and Opendoor will time the closings of both homes so there is no need to move twice, put belongings into storage or board pets – which can be costly at an average of $45 per day and hard for our furry friends to go through!
To learn more about the program or to receive a free offer from Opendoor on your current home, visit 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.
