When “Capriana” first broke ground a few years ago on the southeast tip of La Floresta, many were curious and visited their single level model homes. To the surprise (and confusion) to most, conventional purchases of the homes were not offered.
With Del Webb’s Buena Vida homes, buyers over 55 years of age will be able to purchase like a normal home through cash, conventional financing, and possibly FHA loans. If the project becomes FHA approved, a reverse mortgage purchase is an option where a buyer will not have a monthly payment after placing a significant amount as downpayment.
Details on the home sizes were not available at the time of creating this blog. For the single level designs, expect them to be similar to prior communities they’ve built recently ranging from 1,474 to 1,981 square feet. They have offered designs as large as 2,571 square feet in other cities, but it’s tough to imagine them offering larger floorplans in a dense area like Brea. Many of the homes will have 2 bedrooms and 2 full baths.
Contact us for pricing of the detached homes and condos.
The buyers of these properties will often fit into the “empty nester” situation where a homeowner is looking to downsize or simply wants a fresh, new home with amenities, low maintenance, and within walking distance to shops and restaurants.
A priority list will be formed shortly and will require a mortgage application or a bank statement for those paying cash. If you need to sell your home prior or considering keeping it as a rental, we can help! Contact us and we’ll give you a pressure-free evaluation of your options.
You can also compare prices of nearby single level homes prior to being placed on their list.