San Diego real estate: Low monthly mortgage payments at Michael Crews Development’s Cityscape in Escondido
“What an incredible opportunity,” exclaimed Jennifer Wright, one of the many potential new San Diego real estate homebuyers who toured Michael Crews Development’s Cityscape neighborhood.
Wright, a Vista resident, is referring to the remarkably low San Diego mortgage monthly payment option that is available to qualified homebuyers at Cityscape in Escondido. New homebuyers can own a house at Cityscape for as little as $2,424 a month with no down payment required.
“I just really can’t believe everything that is included in this offer,” Wright said. “People rent for more than $2,424 a month. You can’t find a new home in San Diego with this much space, and this many top-notch standard features for such a great price. And you definitely can’t find a better monthly mortgage payment. This is North San Diego County home financing at its best.”
The $2,424 payment is based on no down payment, no property taxes or HOA’s for the first two years, and the after-tax amount from a note rate of 6.5% (APR 6.675%) on a 5/1 ARM, interest-only, 80 percent 1st mortgage, and a 20 percent 2nd mortgage, interest-only line of credit with a 9.75% interest rate. Buyers are encouraged to contact Paul Russell at Triple Diamond Mortgage by calling 877-562-6687 to discuss qualifications for eligibility.
Conveniently located on the corner of Midway Drive and Grand Avenue in Escondido, these detached, single-family homes are 2,071 square feet with 4 bedrooms (optional den), 2.5 bathrooms and 2-car garages. Skylights along the stairway lead upstairs past a study area and/or business office into a large master bedroom with a spacious walk-in closet and master bathroom. Downstairs features an inviting kitchen and living room area, and direct access to a 2-car garage. These new homes in Escondido are priced in the $500,000’s.
Additional Michael Crews Development real estate in Escondido includes Centerstage, Gretna Green and Royal View. To find out more about these, and other Escondido real estate opportunities with Michael Crews Development, 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 Center Stage.
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 Center Stage, from I-15 in Escondido, exit at Via Rancho Parkway and head east. Via Rancho Parkway turns into Bear Valley Parkway. Take a left at San Pasqual Valley Rd and another left on Idaho Ave. Center Stage is a few blocks up on the right side.
For more information on Michael Crews Development’s Escondido real estate, call the Sales Office at 760-751-1212, or visit us online at www.michaelcrews.com.