The availability of Veterans Administration loans through Shea Homes has been a positive influence for new-home buyers, especially at four of the San Diego builder's Chula Vista neighborhoods, where 14 of 22 sales as of Feb. 29 were financed with VA loans.
"The popularity of VA loans has contributed to an encouraging year for Shea Homes so far," said Vanessa Linn, director of sales. "Shea Mortgage has been especially effective in helping the first-time buyer with this program."
Mosaic at Lomas Verdes, a motor-court condominium community by Shea Homes, had recorded six sales as of Feb. 29, all of which were financed with VA loans, according to the builder. Mosaic prices start in the high $200,000s for the 1,175- to 1605-square-foot homes. For sales information, visit the model homes at 1804 Olive Green St. in Chula Vista, or call (619) 482-1301.
Half of the 10 homes sold as of Feb. 29 at Clover at Windingwalk had been purchased through the VA program as well. The condominium community is currently priced from the mid-$300,000s. Clover homes have approximately 1,579 to 1,875 square feet. For sales information, visit the model homes at 1727 Rolling Water Drive in Chula Vista, or call (619) 397-0964.
[CAPTION=All six of the homes sold as of Feb. 29 at Mosaic at Lomas Verdes by Shea Homes were financed with Veterans Administration loans.]
At Tapestry at Lomas Verdes by Shea Homes, VA loans were utilized for two of the three homes sold as of Feb. 29. With prices from the low $400,000s, the detached homes at Tapestry have approximately 1,822 to 2,253 square feet, up to four bedrooms and 3.5 baths. Sales information is available at the model home complex at 1805 Olive Green St. in Chula Vista, next door to Mosaic, and also by calling (619) 482-0720.
The row home condominium neighborhood at Agave at Windingwalk logged three sales as of Feb. 29, one being a VA loan. Priced from the low $300,000s, the two- and three-bedroom homes at Agave span approximately 1,464 to 1,581 square feet. For sales information, visit the sales office at 2162 Barrel Court in Chula Vista, or call (619) 397-7698.
There are 15 Shea Homes San Diego neighborhoods now selling throughout the county. Choices range from affordably priced condominiums and townhomes to traditional single-family detached homes and magnificent luxury residences. For more information, visit www.SheaHomes.com.
Percival is president of Scribe Communications.