Solara Lofts is thrilled to announce that we received official project approval for FHA!

What does this mean to you as a home buyer?

This means you can purchase a home at Solara Lofts with only 3.5% down rather than the conventional minimum of 15%!

Based on a $300,000 purchase price-  That is a down payment of  $10,500 with FHA financing as opposed to conventional financing with a minimum of $45,000 down!

That is a difference of $34,500,which allows many more home buyers the opportunity to purchase a new home at Solara Lofts.

To learn more about FHA, log onto the following link:  http://www.hud.gov/offices/hsg/fhahistory.cfm

Call our sales studio for more details how home ownership just became a reality at our award winning community! 

619 231-2400

What happens if a new home community has been taken over by a foreclosure action or the builder went out of business?

It’s a real problem that many new home buyers aren’t even aware of yet.

At Solara Lofts the developer, Skandia,  is committed to seeing the successful sellout of the community and the satisfaction of the homeowners. From on onsite manager, to full access to the developer…We know who to call!

There may be fire sales going on, but always look to quality and reputation!

Call the sales center for a tour, information about the Tax credits or to meet the developer at (619) 231-2400.  The sales center is located at 1551 4th avenue, downtown San Diego 92101.

On Wednesday, the Senate voted a to give a tax break of up to $15,000 to home buyers in hopes of revitalizing the housing industry.

What does this possibly mean to you as a First Time Home Buyer?

• $$$$$$$$$$$ -  Up to $15,000 Tax Credit!
• $$$$$$$$$$$ – To help replenish your savings reserves from your initial down payment!  For example;  if your are considering purchasing a home priced at $300,000, with a 10% initial down payment ($30,000)-  You just cut your down payment in half & paid down on the  principal of your loan!  WOW!
• $$$$$$$$$$$ – To pay back the money you needed to borrow for your initial down payment!
• $$$$$$$$$$$ – To help pay for HOA fees!
• $$$$$$$$$$$ – To help furnish your new home!
• $$$$$$$$$$$ – For Upgrades to your new home!
• $$$$$$$$$$$ – To enjoy as spending money for your exciting Downtown Lifestyle!
• $$$$$$$$$$$ – To SAVE for a rainy day!

To learn more about this economic stimulus visit the following link: http://www.nytimes.com/2009/02/05/us/politics/05stimulus.html?_r=3&hp

Combine this HUGE STIMULUS INCENTIVE with our recently released “SOLARA LOFTS-BUILDER BEST PRICING” and the HISTORIC LOW INTEREST RATES

and the message is clear:

“THE TIME TO BUY IS NOW …

BEFORE THE HOME YOU ARE CONSIDERING IS NO LONGER AVAILABLE!”