Escondido Real Estate - Michael Crews Development News

Tuesday, June 03, 2008

Local Developer Offers 2 Homes For Price Of 1

As featured on Channel 10 News San Diego Friday, May 23, 2008

Local Developer Offers 2 Homes For Price Of 1
-Michael Gleeson, Digital Correspondent

If you're looking for a bargain, the deals are out there. However, one particular deal takes the cake.

"We thought, 'Why does it just have to be on Pop Tarts and restaurants? Why not buy one home, get one free,'" said Dawn Berry of Michael Crews Development.

Michael Crews Development is offering new, 2000-square foot cityscape row-homes worth $400,000 in Escondido for free -- if you buy one Royal View Estate home in San Pasqual Valley starting at $1.6 million.

"You know it's a straight-up legit deal; no prices have been increased, there are no hidden costs. Michael is just giving away a free home for people that buy at Royal View," said Berry.

Adam Rossman of Michael Crews Development added, "People have been coming in saying, 'How can you do this?' Well, it's our way of dealing with current market conditions to move some inventory."

Foreclosures flooding the market are driving prices down, but this promotion is about creating a buzz and targeting investors looking at high-end properties.

Some of the homes include cherry cabinetry, granite countertops, Viking appliances, wine racks, 1,400-foot six-car garages, RV garages, pools and Jacuzzi tubs.

Berry said, "Buy a 4,000-square foot home at Royal View and they get an extra 2,000 square feet to do as they please, be that renting it out for investment property or be that letting their kids have a place."
So, it's time to call your parents to see if they're interested in moving to San Diego.

Keep in mind, buyers purchasing one home and getting the second free still need to pay property taxes on both.


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