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Life setbacks happen to all of us at one point, and when we are in these situations it is important to be financially prepared to get back out our feet. Learn about these 4 ways to get back on track after facing a financial burden in this RealEstate.com artcle by Stefanie O’Connell.
When you hit a major setback, be it a career crisis, a health crisis, a relationship crisis, or otherwise – the money you do or don’t have available will play a major role in determining your options as you try to get back on track.
The framework below can give you a way of approaching these tough times in a way that serves your immediate needs without doing any unnecessary damage to your long-term financial goals.
I know it’s not fun to think about, and honestly, there may be some tough choices you have to make along the way. But the sooner you tackle these inevitable setbacks, the faster you can get back on track to rebuilding your finances and your future on your terms.
Whether it’s a medical emergency or a hit to your cash flow, your first step is to get clear on the projected cost of your setback.
For example, if you’ve lost your job, you might predict that you’ll need around six months to find a new job. In this case, you’d calculate how much money you’d need to support your basic cost of living for six months.
The goal is to get clear on what financial resources you need immediately to support you through your setback. Obviously, this is going to be an estimate.
It might take more or less time for you to find a new job, but doing some research and making some cost projections can help you start grounding your way back to financial health with tangible numbers and action steps, rather than just crossing your fingers and hoping you’ll get through it.
It’s easy for financial setbacks and emergencies to snowball into runaway trains of expenses.
For example, if you go through a break up with your live-in partner, you may need to move and cover your new housing and moving costs. But the cost of brand new furniture, accessories and decor for your next place isn’t so much a financial emergency as it is a financial goal. So remember to stay grounded in your true necessities when considering your emergency costs, and see if you can find ways of reducing, negotiating or even eliminating some of your necessary expenses.
For example, if you’re moving out of an old place, maybe you can cut your costs by downsizing when you move or renting out a spare room in your new place or maybe even stay with family for a while?
While not always ideal, these alternatives can help reduce the immediate impact on your financial life, giving you more time to save up for future financial demands.
For example, if you can stay with friends or family while you are saving up for your own place, that can alleviate some of the emergency funding you need right away.
Once you figure out how much money you need to manage your setback and get back on track, the next step is to take inventory of your funding options. That is, where are you going to get the money to cover your costs?
If you have an emergency savings account with enough funds, you may be able to recover pretty quickly by pulling out some cash to satisfy your immediate needs. (Though you will want to make rebuilding your cash cushion a priority as soon as possible.)
Continue reading the full article HERE.
As Earth Day came and went on April 22, homeowners in Southeast Florida made sure to bring the great outdoors into their Lennar homes—through the ease of houseplants! Adding color and chic style to your living room or kitchen, these potted friends can also greatly improve the quality of the air in your home. Whether you have a sunny windowsill, bare corner, or even an expansive skyview terrace, balcony, or patio, plants will enhance the quality of your home life in every way.
With homes featuring bright, sun-filled interiors, ample space, and a blank canvas for your to complete your interior design masterpiece, a Lennar home is the perfect place to practice your houseplant decorating skills.
Homeowners can make living in their new Lennar home even better by strategically placing houseplants inside. Here’s a more detailed look at the benefits to expect:
Whether in your townhome at Landmark or single-family home at Satori– among many other Lennar communities- incorporating plants into your new home will be a perfect complement. There’s simply no better way to show your appreciation for Mother Nature than by inviting these new guests into your home.
Sometimes stress feels inevitable. We stress because dinner has to be cooked, work has to be done, family needs to be taken care of, and at the end of the day, we stress because we don’t want to miss our favorite shows!
Lennar feels your pain.
That’s why, as South Florida’s #1 new homebuilder, we’ve made it our mission to find innovative enhancements that make your life as easy as possible. Every new home built in the Miami-Dade and Broward Counties in 2018 will be equipped with smart-home integration through Amazon Alexa. And in honor of April being National Stress Awareness Month, we’ve compiled a list to show you how you can live a less stressful life with Amazon Alexa in a Lennar home.
Alexa does a lot more than play music with voice activation. Below are five ways she can help reduce your stress in a Lennar home:
Not only will every new Lennar home have Amazon Alexa technology, but it will also feature other solutions to keep you as stress-free as possible, such as a video doorbell and energy efficient Wi-Fi thermostat.
And the best part of all – you don’t have to worry about the setup for any of this technology. After all, complex installations would only worsen your stress!
Thankfully, your Lennar home comes pre-wired with all of this fantastic technology, while Amazon offers 90-day Smart Home Support to provide the time you need to adjust and learn everything the system can do.
Lennar goes above and beyond, offering this incredible technology – and the stress-free convenience of having it all set up for you – at a great value. Keep your family healthy, stress-free, and happier in a home built by Lennar.
Fort Lauderdale has grown beyond its reputation as a haven for snowbirds and as a destination for families, young professionals, and even spring breakers. Population is booming, business ventures are soaring, and the desire to live here is sky-rocketing. Sitting on the Gold Coast, this beautiful city is thriving.
It is in Edgewood, a well-known, suburban neighborhood in Fort Lauderdale, that Lennar’s newest community, The Edge on 15th, will offer new homebuyers the opportunity to chase after their aspirations and accomplish their life goals.
Located in the heart of Fort Lauderdale, The Edge on 15th will be minutes away from Florida’s Turnpike, important landmarks, top-rated schools, historic museums, relaxing beaches, and the quirky shops of Las Olas Boulevard. And with family-friendly events held at numerous, nearby venues year-round, The Edge on 15th is going to be the ideal community for new homebuyers to settle down.
Young homebuyers can feel confident settling down in this gorgeous community thanks, in part, to all the incredible work opportunities. From hospitality to investments to entertainment, Fort Lauderdale is flourishing with economic growth and diverse culture. With its ideal location, The Edge on 15th, makes achieving your dream just a little easier, and your daily commute a whole lot shorter.
In this new contemporary Lennar community, homebuyers can choose one of five welcoming townhomes designs. Each layout incorporates three or four-bedrooms to accommodate various family sizes or lifestyle needs. Designed with nothing but the best quality in mind, this community will be constructed with top-caliber features, including decorative shutters, concrete Spanish roof tiles, brick walkways and patio, a privacy fence, and a covered entry.
Within the home, Smart Home Technology with activation and support by Amazon and voice control by Alexa delivers safety and convenience, while Lennar’s Everything’s Included® experience ensures that you don’t have to compromise on luxury features. Tiles in the foyer, kitchen, and laundry room are artfully paired with plush carpeting throughout. Marble window sills complement the smoothly painted walls and ceilings.
The well-appointed kitchens offer stylish, easy-to-maintain countertops with designer accents. The free-standing stove and large oven capacity will provide you with ample space to cook plenty of delicious food for parties and holiday meals. And the spa-like bathrooms create a luxurious oasis to help you get away from the hustle and bustle of everyday life.
Wait. It gets better!
Enjoy exciting amenities that the whole family will love, steps outside your home. Take your kids to the sparkling pool and splash and laugh until the sun goes down! Or for a more relaxing time, lounge on the inviting sundeck with a good book. Want a quick workout? Lush, tropical landscaping provides a striking scenic environment while jogging or walking the dog.
The Edge on 15th’s location and amenities offer everything you need for that stress-free, youthful lifestyle. Whether your number one priority is convenient proximity to the city’s heart, a state-of-the-art education system for your future family, or smart home technology, you can find it with the help of Lennar – all at an incredible value.
It’s time to make your next move. Build a great career, a great family, and a great life at The Edge on 15th.
Chandler, Ariz. – April 2018 – The Falcon Model at Lennar’s new home community Altitude is now open. An intimate, gated community of just 31 homesites, Altitude raises the bar for homeowners in upscale Chandler with its outstanding location. Visit the Welcome Home Center to tour this stunning model home and experience the elevated lifestyle available at Altitude.
“With more than 24,000 acres of awe-inspiring mountain parks nearby, Altitude provides plenty of outdoor opportunities for homeowners to bask in the sun and enjoy time with friends and family,” said Alan Jones, Division President for Lennar Arizona. “Thoughtfully designed and spacious, the Falcon Model boasts an open-concept layout so when you’re not enjoying the outdoors you can entertain at home and live comfortably.”
The Falcon Model, plan 5025, features approximately 2,527 to 2,765 square feet of living space including three to four bedrooms, two and one-half to four bathrooms and a three-car garage. This single-story floorplan welcomes residents with an expansive front courtyard with a covered porch and impressive foyer entrance. Floorplan highlights include a luxurious kitchen space with a center island, plenty of counter space and a large walk-in pantry. The kitchen overlooks the great room and nook spaces, so you can cook and entertain simultaneously. An elegant master suite offers a spacious bedroom and spa-like bath with separate vanities, shower with built-in seat, freestanding tub and a large walk-in closet.
Altitude enjoys outstanding access to the Phoenix/Tempe area’s most spectacular recreational opportunities. Among those are South Mountain State Park, the largest urban park in the United States and the San Tan Mountains Regional Park where you can enjoy horseback riding, mountain biking and hiking.
In addition, enjoy close proximity to Price Road Corridor which is home to tech heavyweights such as PayPal, Intel and Orbital. Nearby Chandler Airpark provides added convenience for the executive traveler and Chandler Unified School District’s Basha Elementary, Santan Junior High and Perry High schools serve Altitude’s families.
Stop by for a tour at the Welcome Home Center located at 1941 E. Aster Place in Chandler. For more information, visit www.lennar.com/phoenix or call 866-798-7775.
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.
Inland Empire, Calif. – April 2018 – Lennar, HomeAid and a handful of contributors and trade partners celebrated a special dedication ceremony where a new Lennar home was donated to Project Independence. Project Independence is a program by Rancho Damacitas Children and Family Services designed to help former foster youth or disadvantaged young adults transition into an independent adulthood. The Honor Home is the final phase of the program and serves as an acknowledgement to the young adults who have successfully met all milestones in the program and are on the journey toward self-sufficiency.
“Project Independence is such a great program that we’re thrilled to be a part of, along with the contributions from many other trade partners in the industry that we couldn’t have finished this home without,” said Tara Conklin, Vice President of Sales and Marketing for Lennar Inland. “We were able to build one of our most popular Next Gen® home designs for the project, with slight modifications that enhance its ability to meet the project’s needs.”
The Honor Home provides a living space for five young adults and one live-in mentor. As residents, these young adults live in the home for a flexible amount of time depending on the resident’s needs. To be considered for selection, each young adult must be a current resident within Project Independence in good standing, demonstrate a history of maintaining employment and meeting budget requirements and have completed their high school or GED requirements. Most residents are expected to complete the final phase of the program after two years.
Located in Murrieta, Lennar built a modified version of their popular 4121 Next Gen® – The Home Within A Home® design. Featuring an attached private suite with a kitchenette, living room, two bedrooms, full bathroom and private entrance, the Next Gen® suite will function as the perfect space for the live-in mentor. The main home features five additional bedrooms with en suite bathrooms for each of the young adults – along with a spacious loft equipped with a couch, television and table tennis.
Lennar utilized the help of many other consultants and trade partners to complete the project, such as David Neault & Associates, SB&O, Inc., GeoSoils, Inc., Kevin L. Crook Architect, Inc., Gouvis Engineering, Rick Mauer Title 24, Fire Sprinkler Systems, Inc., Gateway Concrete, American Landscape, Anaheim Stone Works, Blake Roofing, Inc., Builder’s Termite, Champion Windows, Fenceworks, Fiber Care Baths, GE Appliances, Good News Charitable Foundation, Grove Lumber, Imasonry, JBS Plastering, JC Concrete, Joseph Holt Plastering, Larry Methvin Installation, Leonard Roofing Inc., Next Level, OC Hills, Ortega Construction, Pacific Production Plumbing, PCS Professional Cabinet Solutions, Preferred Telecom, Prestige Construction, Reliable Wholesale Lumber, Schamber Electric, So Cal Framing, So Cal West Coast Electric, South Coast Stairs, Spates Fabricators, True Air Mechanical, Truteam, Up on the Roof, Inc., Valley Pacific Concrete, Verengo Solar Plus, Vintage Design, Walters Wholesale Lighting, West Coast Drywall & Paint, Weyrick Companies and Xtreme Cleanup.
Additional Honor Home contributors include Brad & Kelli Neet, Deluz Women’s Club, Exit Alliance Realty, Greg & Cynthia McGuff, HomeAid Inland Empire, In Memory of Jamie Lynn Fullmer, In-n-Out Burger Foundation, Jerry Konchar & Julie Ngo, Lennar Charitable Housing Foundation, Murrieta Development, Inc., Pechanga Resort & Casino and Southwest Health Care System Aux.
Learn more about the Honor Home and Project Independence by visiting http://4kidsfirst.org/project-independence/.
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
Santa Barbara, Calif. – April 2018 – Lennar in Santa Barbara celebrated a highly successful Grand Opening for Limone and Amarena, two new home neighborhoods situated in the Tree Farm masterplan community. Hundreds of people came out to attend the event and enjoyed complimentary treats and refreshments as they toured the new stunning model homes and experienced the elevated lifestyle Tree Farm has to offer.
“At Tree Farm, laid-back California lifestyle meets rich history, beautiful architecture and enticing recreational adventures,” said Ken Melvin, Division President for Lennar LA/Ventura. “Perfect for homeshoppers at every stage of life, Limone and Amarena present a limited opportunity to own a new home in one of the world’s most desirable places to live.”
Developed by CalAtlantic Homes, A Lennar Company, Tree Farm is a new masterplanned community set on an historic property in the western edge of Santa Barbara. Tree Farm’s five new home neighborhoods offer a wide range of residential choices in a 26-acre legacy setting flanked by large canopy oak trees, a winding creek and picturesque terrain.
Limone at Tree Farm is comprised of 18 luxury single-family homes ranging from approximately 2,865 to 3,239 square feet with four bedrooms, three to four and one-half bathrooms, bonus room and two-car garage plus storage.
Amarena at Tree Farm is comprised of 15 luxury single-family homes ranging from approximately 3,525 to 3,906 square feet of living space featuring up to five bedrooms, five and one-half bathrooms and three-car tandem garage plus storage.
Both neighborhoods enjoy access to Tree Farm’s community amenities, including a naturalized park, walking and biking trails, a resort-style recreation center, swimming pool and spa, fitness facility, a multi-function room and inviting outdoor gathering areas enhanced by BBQ and dining.
In addition to the neighborhood’s beautiful architecture, native trees help beautifully frame the family-friendly community. Homesites are conveniently situated near popular shopping and dining, sandy beaches, the 101 Freeway and major employment centers such as the University of California at Santa Barbara. For families, Tree Farm is part of one of Santa Barbara County’s most acclaimed school districts with the highly-rated Kellogg Elementary School, Goleta Valley Junior High and Dos Pueblos High School.
Visit the Welcome Home Center to tour the model homes and experience the grandiose lifestyle offered. Tree Farm is located at Merida Drive and Tree Farm Lane in Santa Barbara. Visit www.lennar.com or call 805-220-0926 to learn more.
National homebuilders Lennar and CalAtlantic have merged to combine forces, positioning the company as the leading homebuilder in the nation. CalAtlantic Homes has joined Lennar’s Family of Companies with a united vision of providing quality and value to families across the country as they move into the next stage of their lives with a new home. Homeshoppers now have more choices in innovative home designs, amenity-rich neighborhoods and quality construction across Coastal California markets and beyond.
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.
FRISCO, TX – April, 2018 – Lennar Corporation (NYSE: LEN and LEN.B), one of the nation’s leading homebuilders, today announced the Grand Opening of the Estates at Shaddock Park, bringing an array of family friendly amenities – including multi-generational private suites and Wi-Fi CERTIFIED™ technology – to the exceptionally popular Frisco, TX community. Home shoppers are invited to tour the Estates at Shaddock Park during regular model home hours, Monday and Sunday from 12:00 p.m. to 7:00 p.m., and Tuesday through Saturday from 10:00 a.m. to 7:00 p.m.
Homes at the Estates at Shaddock Park span eight unique floor plans ranging from 2,054 to 3,490 square feet, with three to five bedrooms and two-and-a-half to four baths.
Each reflects how today’s families want to live, boasting elegant yet comfortable open floor plans, smart and stylish kitchens, and a lifestyle on the forefront of technology thanks to Lennar’s Wi-Fi CERTIFIED™ Home Design, which provides consistent wireless coverage in every room and integrated automation and voice control that supports Amazon’s Alexa and offers fully automated control of lights, front door locking mechanisms and thermostats.
The Estates at Shaddock Park also features the Heritage floor plan, which comes standard with a NextGen® – Home Within A Home® private suite. NextGen suites provide a thoughtful, multi-generational living space complete with a separate entrance, private living room, kitchenette, laundry, bedroom, bathroom and covered patio.
Residents at The Estates at Shaddock Park can further personalize their homes with model-specific options including game-rooms, third car garages, additional bedrooms and stone and brick exterior elements. Within the community, homeowners will enjoy a community swimming pool with shaded gathering spot, park with playground, and walking and biking trails. The neighborhood is served by the award-winning Frisco Independent School District. Pricing begins at $452,999.
The Estates at Shaddock Park is located in one of the fastest growing cities in the DFW area, with the extensive shopping, dining and entertainment options that come with such a distinction. In the past 10 years, Frisco has been recognized as one of the “50 Safest Cities in Texas, a “Top 25 Places to Move” and a Platinum Scenic City with well-known parks, trails and public art attractions.
Convenient access to the Dallas North Tollway, Sam Rayburn Tollway and Highway 380 put The Estates at Shaddock Park a quick 20-mile drive from Downtown Dallas and just 25 minutes from DFW International and Love Field airports.
As one of America’s leading homebuilders, Lennar enjoys the privilege of helping hundreds of thousands of families across America move into new homes in some of the most desirable cities in the nation with first homes, move-up homes and multi-generational homes in urban, suburban, active adult and golf course communities.
For more information about The Estates at Shaddock Park, please visit the sales center at 9574 Christ Church Lane, Frisco, TX, 75035, or call 469-617-8742.
About Lennar Corporation
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.
Fort Collins, Colo. – April 2018 – This spring find your dream home at the Mosaic Spring Savings Event on Saturday, April 28th from 12 p.m. to 2 p.m. Experience two new home collections of paired and single-family floorplans in the sought-after Mosaic masterplanned community in Fort Collins. Come out and tour the stunning model homes at both collections while you enjoy complimentary eats provided by Basic Kneads Pizza and High Point Creamery Ice Cream food trucks. And make sure you visit both Welcome Home Centers to be entered for a chance to win Amazon Echo Show*.
“Just in time for the lovely spring and summer weather, residents at Mosaic will enjoy two community pools, miles of trails and walking paths and direct access to a 20-acre public park that is located within the community and maintained by the City of Fort Collins,” said Carrie Castilian, Director of Marketing for Lennar Colorado. “Mosaic is also just minutes from neighborhood shopping, dining and entertainment venues and the charming amenities of the Old Town historic district, an ideal setting for families looking to settle down and enjoy the best of urban living and the serenity of a masterplanned community.”
Both collections offer a wide range of sizes and styles including Ranch-style, two-story and paired homes ranging from approximately 1,305 to 2,738 square feet. Each home at Mosaic features welcoming open concept interiors with generous living areas and abundant, strategically placed windows that bathe spaces in natural light. Designed to make the most of time with family and friends, floorplans sweep from large great rooms into gourmet kitchens, many with large center islands created for gathering and conversation. Residents will also enjoy a large master’s suite with a spa-inspired bath.
Mosaic is only one mile from I-25 and less than five miles from numerous major employers including Intel, HP, Agilent Technology, AMD, Poudre Valley Health Systems and the corporate headquarters of Woodward Governor. Plus, children will have the opportunity to attend Laurel Elementary School, Lincoln Junior High School and Fort Collins High School, all part of the Poudre Valley School District.
Prices for single-family homes at Mosaic start in the low-$400,000s. Visit the Welcome Home Center located at 321 Dassault St. in Fort Collins. Home prices for paired homes start in the mid-$300,000s. Visit the Welcome Home Center located at 458 Zeppelin St. in Fort Collins. Visit www.lennar.com/Colorado or call 970-797-0748 for more details.
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.
