Standard Pacific Acquires Homesites in Wake Forest, NC Neighborhood

March 8th, 2010

Big things are happening for Standard Pacific Homes Carolinas! Just a couple weeks ago, we announced that our Charlotte division had acquired the Glenmore community in South Charlotte. Today, we have more news: our Raleigh division has acquired the remaining 110 homesites in Northampton, our first community in the Wake Forest market!

Northampton was formerly owned by St. Lawrence Homes, which launched the community in 2003. We couldn’t be more excited to develop the remaining homesites and create beautiful, high-quality Wake Forest homes that we know you will love.

A few details about Northampton:

  • Our new homesites range from 69 to 75 feet wide and will feature single family homes
  • We’ll offer 10 different floor plans, including two ranch plans
  • Three-car garages, carriage garages and 3rd floor attic are optional on select plans
  • 170 residents currently live in the Northampton neighborhood
  • The community already has a fully functional swim and recreation center
  • Jones Dairy Elementary is within walking distance

Standard Pacific has already begun construction in Northampton, starting with the 3,644 sq. ft. Ashford model. The planned opening of this home is set for early spring of this year — we hope you’ll stop by and take a look!

All The News That’s Fit To Tweet for 2010-03-07

March 7th, 2010

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March 7th, 2010

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March Home Specials: 3 Big Reasons to Buy a Home This Month!

March 5th, 2010


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Use It Your Way


Flex Cash

Save with FlexCash on beautiful Standard Pacific design upgrades at 50% OFF on Pre-Sales
Or use it toward closing costs, up to $8,500 Plus a FREE Move-In Package on Quick Move-In Homes.


Either way, it’s your choice!

 

Limited Time


Tax Credits


 

First-time buyers may now qualify for up to $8,000 in tax credits and current owners may now qualify for up to $6,500.

Learn More

 
 

Lower Payments

For The First Year


 

Standard Pacific Mortgage can make it happen!
You will receive a FREE 1-0 Buydown. Let us help you select the financing program that best suits your needs.

 

 All terms described above, including without limitation prices, programs, floor plans, features and dates, will vary by neighborhood and by home site, are subject to change without notice, and are available for sales contracts signed and accepted between March 5, 2010 and March 31, 2010.

Lower payments for the first year apply to 30-year fixed rate loans.  The interest rate is reduced by 1% for months 1 through 12, and then reverts to the full fixed rate for the remaining term of the loan.  The availability of specific mortgage loan types, interest rates, programs and other terms and assistance from Standard Pacific will vary by neighborhood and by home site, and are subject to borrower credit qualification.  Mortgage loan assistance from Standard Pacific is limited to participating lenders.  Other conditions may also apply.  You must consult with a Standard Pacific Sales Representative for full details concerning applicable conditions.

Standard Pacific Mortgage, Inc. is licensed by the North Carolina Commissioner of Banks AL-146109-101, 102, L-146109.


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17th Annual Home Buyers Fair in Durham

March 2nd, 2010

2010-03-02_1511

Standard Pacific Homes will be at the Home Buyers Fair at the Streets at Southpoint in Durham, NC this Saturday! Will you?

The Home Buyers Fair is a free event that provides potential home buyers and sellers a fun way to learn about the current real estate market, tax credits and financing options. At the fair, you’ll be able to talk with Realtors, mortgage companies, insurance companies and more. We’ll have a booth there, and can’t wait to see you!

In addition to the information booths, free, informative mini-sessions will be held at the mall Center Court during the fair. These little seminars are designed to arm home buyers with valuable advice. The four mini-sessions include “Assistance Programs for First-Time Buyers,” “Green Choices = CASH,” “Finding and Working with a Realtor” and “The Homebuyer Tax Credit and You.”

Want to join us? Here are the details:

  • Saturday, March 6 from 11 a.m. – 7 p.m.
  • Free admission
  • The Streets at Southpoint Mall: 6910 Fayetteville Rd. in Durham

The Home Buyers Fair is sponsored by the Durham Regional Association of Realtors and The Home Builders Association of Durham, Orange & Chatham counties.

All The News That’s Fit To Tweet for 2010-02-28

February 28th, 2010

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Rate Alert: 3.25% Year 1, 4.25% Year 2, 5.25% Years 3 – 30!

February 26th, 2010


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GO HERE TO Download a Map of all Standard Pacific Locations.

February 26th, 27th & 28th


*3.25% Year 1/ 4.25% Year 2 & 5.25% Years 3-30 FHA* or Conventional** Interest Rate!

 Available on all Quick Move – In Homes and Townhomes that can close within 60 Days.

This Special Rate Incentive is not available on contingent contracts or on sales contracts written prior to 2-26-10. Financing rate available only on purchases written this weekend 2/26/10 thru 2/28/10. Loan application must be submitted to SP Mortgage prior to 9AM on 3/1/10.


GO HERE to Find your Home!

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*Rate example is based on a sales price of $200,000 with 3.5% down payment and minimum credit score of 620. The mortgage is a 30 year-fixed rate FHA loan with a seller paid 2-1 buydown on a base loan amount of $196,378; 1st year interest rate of 3.25%, 2nd year interest rate of 4.25% and years 3-30 at 5.25% (5.982% APR). 2-1 buydown requires estimated monthly principal and interest payments as follows: Year 1 $854.65, Year 2 $966.06, Years 3-30 $1084.40. Monthly taxes, HOA, mortgage insurance and hazard insurance are additional and are not included in the above payments.

**Rate example is based on a sales price of $200,000 with a 10% down payment and minimum credit score of 740. The mortgage is a 30 year-fixed rate conventional loan with a seller paid 2-1 buydown on a base loan amount of $180,000; 1st year interest rate of 3.25%, 2nd year interest rate of 4.25% and years 3-30 at 5.25% (5.805% APR). 2-1 buydown requires estimated monthly principal and interest payments as follows: Year 1 $783.37 , Year 2 $885.49, Years 3-30 $993.97. Monthly taxes, HOA, Mortgage insurance and hazard insurance are additional and are not included in the above payment.  Loan programs are subject to credit approval and are
offered through Standard Pacific Mortgage, an Equal Opportunity Housing Lender. Financing incentive is included in current incentives and is not in addition to. Rates subject to change or cancellation prior to contract without notice.

Interest rates, loan programs, sales price and payments are estimates only and are subject to change without notice. Restrictions may apply. Buydown Rates are only valid on purchases written and accepted b/w 2/26/10 & 2/28/10 and that close by 4/26/10. Sales prior to 2/26/10 and contingencies are excluded. See sales for details. Standard Pacific Mortgage, INC. is licensed by: the North Carolina Commissioner of Banks AL-146109-101,-102,L-146109. 2-26-10  
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1600 Perimiter Park Drive, Suite 125 Morrisville, NC 27560 USA

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What’s Your Home Buying IQ?

February 23rd, 2010

Searching for a new home in Raleigh? If you’re a first-time homebuyer, you may not know the ins and outs of this sometimes complicated process.

But never fear, first-timers! Test your knowledge with a handy house buying quiz from howstuffworks.com. If you get a 10 out of 10, congratulations! If your score is less than perfect, use the answers you didn’t know as lessons to make your home buying experience run as smoothly as possible.

Good luck on the quiz!

All The News That’s Fit To Tweet for 2010-02-21

February 21st, 2010

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All The News That’s Fit To Tweet for 2010-02-21

February 21st, 2010

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