The Grand Opening of Pacific Lily was a memorable day filled with joy and enthusiasm. Guests had the opportunity to explore our beautifully designed single-story homes and experience firsthand the charm and elegance of our new community. Here are some highlights from the event:

• Ribbon Cutting Ceremony: We were honored to have Vice Mayor Marvin Christ, Councilmember Ken Mann, Councilmember Raj Malhi, and Councilmember Lauren Hughes-Leslie join us for the ribbon-cutting ceremony. Their presence underscored the city’s support and commitment to our vision for Pacific Lily.
• Stunning Model Home Tours: Guests enjoyed guided tours of our five distinct floor plans, showcasing the modern amenities and stylish farmhouse elevations that make Pacific Lily a standout choice for modern living in Lancaster.
• Community Connection: It was heartwarming to see everyone come together to celebrate. The event fostered a sense of community and connection, with families exploring potential new homes and neighbors sharing in the excitement.

The Significance of Location in Home Value

Proximity to Schools: Research consistently shows that homes near top-rated schools command higher prices. Families prioritize living in areas with excellent educational institutions, making neighborhoods with nearby schools highly desirable.

Access to Amenities: Convenience plays a significant role in home values. Neighborhoods with easy access to amenities such as parks, shopping centers, restaurants, and recreational facilities often attract buyers who are willing to pay a premium for convenience and quality of life.
Transportation Infrastructure: Access to reliable transportation options like highways, public transit, and upcoming developments such as the bullet train significantly impact home values. Easy connectivity to major hubs and nearby cities adds value by offering convenience for commuters and enhancing accessibility.

Pacific Jasper: The Perfect Blend of Location Benefits

Now, let’s take a closer look at Pacific Jasper, a community that exemplifies the impact of location on home value. If you want to have a virtual walk around the neighborhood, check out our map!

Proximity to Schools: Jasper excels in this aspect by offering close proximity to schools within the highly regarded Snowline Unified School District. This proximity not only ensures that families have convenient access to excellent education but also adds tangible value to properties in the area. It’s not just about convenience; it’s about investing in a community that prioritizes education and nurtures young minds.

Access to Amenities: Jasper’s strategic location near essential amenities makes daily life more convenient and enjoyable for residents of all ages. Convenient shopping centers like Walmart and Victor Valley Mall are right around the corner or a quick drive providing residents with easy access to groceries, retail stores, and dining options.

Whether you need to grab groceries, go for a leisurely walk in the park, or enjoy a meal at a nearby restaurant, everything is within easy reach in Jasper.

Exploring Diverse Loan Programs:

One size doesn’t fit all when it comes to home financing. Whether you’re a first-time buyer stepping into the world of homeownership, a renter ready to make the leap, or an empty nester seeking a change, we have loan programs designed just for you, making the path to homeownership more accessible than ever.

Here Are the Ways PCB Can Help:

• Community Affordable Loan Solutions by Bank of America: This program will provide a down payment to help lower your loan amount and reduce your monthly payment. While homebuyers are welcome to put more money down, it’s not required on a single-family home. Additionally, with this program, you can enjoy the benefit of zero lender closing costs, although other fees may apply. Unlike traditional mortgages, this program does not require mortgage insurance. Additionally, there’s no minimum credit score requirement, although applicants must meet credit history guidelines, and non-traditional credit is allowed. Before applying, applicants must complete the Community Affordable Loan Solution homebuyer certification, including one-on-one counseling.
• American Dream Program by US Bank: The U.S. Bank American Dream program offers a path to homeownership for low-to-moderate income first-time buyers. This program stands out with its low down payment requirement of just 3% and eliminates the need for private mortgage insurance (PMI). It features a fixed interest rate and a traditional repayment structure, making monthly payments predictable and manageable.
• Preferred Lender Benefits with Fairway Independent Mortgage: Fairway boasts a seasoned team with over 150 years of combined experience dedicated to serving PCB buyers. With extended lock benefits, you can enjoy rate locks ranging from four to twelve months and a rate float-down feature for added flexibility. Fairway offers a wide range of financing options, including down payment assistance, VA, FHA, Conventional, Jumbo, and niche programs tailored to your needs.
• Builder Rate Lock Advantage™: PCB offers the Builder Rate Lock Advantage™, allowing you to protect against rising interest rates for up to 12 months during construction. You’ll also have the option to “float down” to a lower interest rate or discount points, giving you flexibility and peace of mind.

Unwind and Recharge in Your Luxurious Retreat

Your primary suite is your sanctuary, and we’ve designed it with that in mind. The spacious primary bedroom offers the perfect escape, with some even featuring room for a cozy sitting area or a private reading nook. The elegant master bathroom comes complete with double sinks for added convenience, making those morning routines a breeze. Throughout the home, secondary bedrooms boast stylish mirror wardrobe doors, reflecting both light and your impeccable taste.

While the initial costs of purchasing a new home may seem daunting, investing in a property equipped with energy-efficient features and backed by a builder’s warranty can provide substantial financial benefits in the long run.

Energy Efficiency Equals Cost Savings

Consider opting for a newly constructed home that incorporates energy-efficient technologies. From advanced insulation options like xps vs eps for walls to radiant floor heating systems and modern windows designed to enhance natural light transmission, these features not only reduce utility bills but also increase the overall value of the property. By prioritizing energy efficiency, homeowners can enjoy lower monthly expenses and potentially higher resale values down the line.

Builder’s Warranty for Peace of Mind

Another significant advantage of purchasing a new home is the inclusion of a builder’s warranty. Typically lasting for at least one year, this warranty covers repairs and maintenance, offering homeowners peace of mind and protection against unexpected expenses during the initial stages of homeownership. Whether it’s fixing structural issues or addressing malfunctioning appliances, having a builder’s warranty in place can save homeowners significant sums of money on repairs, especially in the critical first year after moving in.

By choosing a new home with energy-efficient features and a builder’s warranty, homeowners not only reduce their immediate financial burdens but also safeguard their investment for the future. These smart decisions not only contribute to a more sustainable lifestyle but also ensure long-term financial stability and peace of mind.

#2 Keep Close Tabs On Your Home’s Value

Many homeowners mistakenly believe that an appraisal is only valuable when preparing to list the home for sale. However, this could not be further from the truth. Keeping running tabs on the value of your property can prove beneficial in securing various types of home equity loans. In addition, it can help expedite the removal of private mortgage insurance (PMI) from your monthly mortgage payment. Most homeowners are required to pay PMI insurance when their equity in the home is less than 20%. While rates are variable, PMI insurance can increase monthly mortgage payments by as much as 10% in some cases. A favorable appraisal can get this PMI insurance removed if it shows that equity is above this threshold, saving homeowners significantly on their ongoing monthly payments. 

#3 Know Which Renovations Hold Value

The minute they close on a house, many homeowners start work on turning it into their “dream home.” While there is certainly nothing wrong with creating your ideal living space, it is important to understand that your dream may not necessarily be the next buyer’s dream. Lavish master bedroom suites and grandiose kitchens with quaint features have consistently proven to be renovations that recoup comparatively little of the project’s costs. In terms of value-adding projects, it is better to focus on features that enhance both form and functionality, such as installing nonporous quartz countertops, exterior wood cladding, and fire resistant roofing materials.

#4 Understand Your Interest Rate

Should I be making extra principal payments on my mortgage? Should I put a windfall directly into my home? When is the right time to refinance?

The answer to all of these questions is “it depends on your interest rate.”

Prior to the COVID-19 pandemic, many homeowners were getting locked into historically low-interest rates of just over 3%. The cost of financing a home had never been cheaper, and those holding onto these amazing rates would be ill-advised to try and throw extra money at their mortgage when many banks are currently offering yields close to 5% on savings.  

However, with mortgage interest rates now over 7% for most homeowners, the appeal of paying down the mortgage as fast as possible is increasing, as there are likely to be rate drops in coming years on which they can pounce for lower monthly payments.

It’s all about understanding the time value of money and having a clear picture of how your interest rate is working for or against you.

The Pacific Communities Difference:

What sets Pacific Communities apart? We believe your home should be a haven, a place where comfort meets convenience. That’s why we incorporate features that not only enhance your lifestyle but also stand the test of time.

• Smart Home Technology: Every new Pacific Communities home comes equipped with Smart by DesignSM technology. Imagine controlling your lights, thermostats, and even some appliances right from your smartphone.
• Thoughtful Touches: We don’t just meet the standard, we exceed it. Features like dual-sink vanities in bathrooms and two layers of waterproofing paper are just a few examples of how we go the extra mile to ensure your home is built to last and exceed expectations.
• Unwavering Commitment to Quality: We take immense pride in our craftsmanship. Every detail, from the initial design to the final inspection, is meticulously overseen by our team.
• Sustainable Practices: Our homes incorporate features that minimize your environmental impact while maximizing energy efficiency, creating a space that’s good for you and the planet.