Pasado At Del Sur Releasing A New Phase This Saturday, May 8th

May 6, 2010 - PRLog -- Pasado’s single-family homes are selling fast and this Saturday, May 8th, a new phase with desirable corner locations will be released to accommodate overwhelming demand. Get moving to Pasado at Del Sur and take advantage of a great choice of floorplans at prices from the low $500,000s and the opportunity for eligible buyers to qualify for state tax credits worth up to $10,000* before funds runs out.

“Value, a well-rounded lifestyle and stylish designs make Pasado the complete package for families who want a brand new home within the award-winning community of Del Sur,” noted Lesley Pennington, Director of Sales for William Lyon Homes. “Week after week, this detached neighborhood continues to generate incredible sales, with 24 new homes sold since the end of April. These impressive numbers confirm Pasado’s growing popularity among San Diegans who know that now is the smart time to purchase and who have also waited for the right neighborhood where they sacrifice nothing and gain everything.”

“Families who are eager to buy in the latest phase will find all the answers when they visit Pasado’s models, where the sales team can provide important information on low interest rates, which translate to lower monthly payments, the current FHA** financing that requires only 3.5% down, as well as the Name It & Claim It program,” Pennington added.

William Lyon Homes represents cornerstone leadership for Californians trying to achieve the American Dream of new homeownership and Pasado is a great invitation for San Diegans to see why so many have trusted this builder to bring them the value and rich surroundings that make their home so special.

Pasado at Del Sur offers two-story floorplans that range from approximately 2,047 to 2,360 square feet, with three to four bedrooms, two and one-half to three bathrooms and alley-loaded, two-car garages. Large great rooms, island kitchens, family rooms and courtyards highlight casual living. Side yard fencing adds to the value of each Pasado home.

This eco-friendly address reflects the builder’s commitment to green-building practices and renewable energy. Intelligent solutions at Pasado include Photovoltaic systems on pre-selected sites and as an option on other sites, tankless water heaters, Energy Star appliances, 13 Seer high-efficiency air-conditioning, energy-efficient gas heating systems, dual-glazed vinyl windows and more. Front yard landscaping includes weather-based irrigation controls that minimize water usage.

The neighborhood is within walking distance of Del Sur Elementary, ‘Home of the Del Sur Explorers.’ This environmental (CHPS - California High Performance Schools) building offers the curriculum, facilities and setting to rival that of a private school and is under the guidance of the acclaimed Poway Unified School District.

In addition to showcasing award-winning homes by some of the region’s top builders, Del Sur has been honored with numerous regional, state and national awards and provides a distinct lifestyle and abundance of amenities.

The neighborhoods offer a wide variety of residential styles that borrow their grace from San Diego’s architectural heritage. Tree-lined streets, new schools in Poway Unified School District, expansive parks with solar heated swimming pools and 18 miles of trails shared with sister community Santaluz, all surrounded by acres of natural open space, are planned to create a rich living experience for beginning, growing and mature families. For more information on the Del Sur community, visit DelSurLiving.com.

A 2% Broker Referral Fee is offered at Pasado at Del Sur. Brokers must bring their client on their first visit to register. Broker Referral Fee to be paid at the close of escrow.

*The California State Tax Credit applies over a 3-year period, is for up to $10,000 or 5% of the purchase price of a newly built home, whichever is less, and is available for homes that close escrow on or after May 1, 2010 and on or before December 31, 2010 or on or before August 1, 2011, pursuant to an enforceable contract executed on or before December 31, 2010. The credit pool is limited to $100M and will be applied on a first come, first served basis. Not all buyers will qualify for the state tax credit. William Lyon Homes is not responsible for confirming whether the State Tax Credit is still available, nor is giving legal, accounting or tax advice or consulting of any kind. Please consult with qualified legal, financial and tax advisers to determine whether you will qualify for all or any portions of the state tax credits. Visit www.ftb.ca.gov/ or www.claimyour10K.com for complete details.

**FHA program guidelines and loan limits are subject to change. All loans subject to credit approval; restrictions may apply. Down payment, payment terms and rates vary based on market conditions and qualifying requirements.

William Lyon Homes means it when they say that they put themselves into their homes. That’s because they build each and every home as if it were their own. They’ve earned a solid track record for constructing homes throughout the West since 1954.

To visit Pasado at Del Sur from the I-5 southbound, exit Via De La Valle east and turn right on El Camino Real. Turn left on San Dieguito Road, left on Camino Del Sur north, right on Paseo Del Sur, and right on Haaland Glen around to Spreckels Place. From the I-5 northbound, take the 56 Freeway East, exit on Camino Del Sur north and turn right on Paseo Del Sur. Turn right on Haaland Glen around to Spreckels Place. The sales office and models are open daily from 10 a.m. to 6 p.m. For more information, call 888-810-3001 or visit www.lyonhomes.com/pasado.

Prices are effective as of the date of publication. All homes are subject to prior sale. Prices and availability of homes are subject to change without notice. DRE Officer License: 00982816.