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As Featured in the New Homes Section August 6th, 2006

Parents help children purchase a new home at Michael Crews Development’s Cityscape with no up front costs

If you have equity in your home, Michael Crews Development will provide the down payment necessary for your children or loved ones to buy a new house at the Cityscape neighborhood in Escondido.

“No money is required up front for this program,” said Paul Russell, Triple Diamond Mortgage Financial Consultant. “It’s as simple as assisting your child with the purchase of a car. The collateral for the down payment comes from the equity of the family member’s home or property. The down payment assistance program is the perfect way for parents, grandparents, or aunts and uncles to help their hard working, responsible loved ones buy a new home.” 

The classy new homes at Cityscape feature San Francisco’s old Victorian-style row-homes with 2,071 square feet, 4 bedrooms (optional den), 2.5 bathrooms and 2-car garages. They are priced at just $539,900.

“With the down payment assistance program, buyers don’t need to qualify for the full cost of the house,” Russell said. “This opens up a lot of opportunity for new homebuyers who are close to qualifying, but just a little shy of the $539,900. It really lends itself to those families who want to live near each other.”

Additional Michael Crews Development neighborhoods include Sole, City Lights II, Centerstage, Gretna Green and Royal View in Escondido, Sunset Heights in Vista, Citrus Pointe in Valley Center. Other Michael Crews Development projects include Match Play at the La Costa Golf Course in Carlsbad, which is being constructed by Michael Crews Commercial Development.

To find out more about these, and other upcoming Michael Crews Development neighborhoods, stop by one of the Sales Offices. Offices are open daily from 9 a.m. to 6 p.m. at Cityscape, and from 10 a.m. to 6 p.m., Saturday and Sunday, at Royal View and Sole. Be sure to ask about the current Trade Up Program.

To get to Cityscape, from I-15, exit on Valley Parkway east. Turn right on Midway Drive. The Cityscape neighborhood is on the right side of Midway Drive at the intersection of Grand Ave. Look for the Sales Office sign.

To get to Royal View, from I-15, exit on Via Rancho Parkway and head East. Via Rancho Parkway turns into Bear Valley Parkway. Follow Bear Valley Parkway to San Pasqual Valley Rd. and turn right. Take a left at the Royal View sign and follow into neighborhood. The Sales Office is at the top of the hill.

To get to Sole in Escondido, exit on Valley Parkway west. Turn right on 11th Avenue. Turn left on Hale Ave, and then turn left on Sole Glen into the Sole neighborhood. Look for Sales Office sign.

For more information, call the Sales Office at 760-751-1212.

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