Save Even More With A New Low Tax Rate Of 1.3% For Brand New Homes At Blossom Grove In Carlsbad

Aug. 5, 2010 - PRLog -- Tax rates are getting lower at Blossom Grove at The Foothills and that means things are looking up for families who want a brand new home in Carlsbad. With a new low tax rate of just 1.3%*, smart consumers can save even more at the Blossom Grove neighborhood, which offers a great location near the coast, access to top schools within Carlsbad Unified and the commitment of William Lyon Homes, a homebuilder who has delivered a quality product and excellent customer service to generations of Southern Californians. The numbers have changed and that means big savings for buyers! Tour the Sales Gallery right away to learn more or visit www.lyonblossomgrove.com for immediate details on this exciting opportunity.

“The bottom line is dollars and cents, and Blossom Grove’s new low tax rate will have a positive impact on families who want the most value for their money in the coastal town of Carlsbad,” said Lesley Pennington, Director of Sales for William Lyon Homes. “From this point forward the tax rate of 1.3% is in effect, which makes Blossom Grove well worth a second glance from local buyers who want to take advantage of this exciting new opportunity to own a brand new residence that perfectly matches their goals for the future. With spacious homes priced from the mid $500,000s, the advantages of master-planned living at The Foothills, close proximity to shops, golf and just three miles from favorite beaches, Blossom Grove is a must-see address from a well-established builder who knows that every dollar counts.”

“Visitors to the neighborhood’s models and Sales Gallery can also learn more about FHA** financing that requires only 3.5% down, as well as William Lyon Homes’ Name It & Claim It program to see if they are eligible to claim up to $10,000 in State Tax Credits*** before funds run out. We also encourage Blossom Grove’s guests to stop by The Swim Club at The Foothills for a personal glimpse of the brand new amenities their family can enjoy right away, including the resort-style swimming pool, children’s pool, spa, paddle tennis courts, fireplace, barbecues and tot lot,” Pennington added.

Ideally situated along Cannon Road, just east of El Camino Real, Blossom Grove is within minutes of popular stores, entertainment and leisure destinations. One- and two-story detached floorplans range from approximately 1,992 to 2,840 square feet, with three to five bedrooms, great rooms, two to three bathrooms, two-car garages and two-car garages plus storage.

A 3% Broker Referral Fee is offered at Blossom Grove. Brokers must bring their client on their first visit to register. Broker Referral Fee to be paid at the close of escrow.

*Tax rate may vary depending upon sales price of home. The 1.3% tax rate is calculated using average sales price at Blossom Grove. See Sales Counselor for 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.

***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.

To visit Blossom Grove, travel the I-5 and exit on Cannon Road east. Pass El Camino
Real, turn left on Hilltop Street into The Foothills community and follow the signs. The Sales Gallery and Models are open daily from 10 a.m. to 6 p.m. For more information, call 888-712-8980.

It matters who your builder is, and William Lyon Homes means it when they say that they put themselves into their homes. They build each and every home as if it were their own and have earned a solid track record for constructing homes throughout the West since 1954.

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.