No CDD fees and low HOA fees make Las Colinas an attractive alternative for St. Johns County living near St. Augustine.
Las Colinas, a new home development in St. Johns County, has some hooks to it that are going to bring on the buyers, not the least of which are no CDD fees, and a (very) low HOA fee that's around $475 per year. Compare this $40 a month to the $400-ish HOAs in many other communities of this ilk, and people tend to sit up and take notice.
To be clear, this is no Nocatee, so you won't hear about a "Las Colinas lifestyle." But if Nocatee is the state-of-mind community in St. Johns/Ponte Vedra, wherein residents have a sort of spiritual connection to time and place, Las Colinas residents may identify with the pure practicality of living in the cozy woods of St. Johns County on a very relaxed budget.
The architecture is classy, with Spanish and Mediterranean elevations. Many homes back up to a nicely wooded preserve. The amenities are minimal but sufficient, (remember the $40 a month). You get a nice pool and cabana, tennis court, beach volleyball court, basketball court, playground, even a small fishing pier.
, Durbin Crossing
to the south, even at the beaches
with developments like Paradise Key
, new home construction is undergoing a sharp upward curve. This series is all about three different types of new home construction available: Custom, Spec and Tract homes.
Spec homes. No particular buyer in mind, so typically not a lot of upgrades and eclectic finishes that might turn off the mainstream buyer. But sometimes they're not fully formed yet, and it’s possible to jump in at the right time while they're still under construction, and sneak in a few personal touches of your own.
PRO: They're "off-the-shelf" ready, and many of us just hate to wait. And you can see exactly what you're getting.
CON: It's someone else’s idea of what your home should be.
This article was contributed by Bloom Realty guest blogger, Joshua Feldman, SunTrust Mortgage.
The Feldman-Deas Team with SunTrust Mortgage specializes in loans for doctors, dentists, and orthodontists.
It’s amazing to think that through college, med school, residencies, internships, and fellowships, many doctors end up spending 10-15 years training. With that amount of education and training, all doctors will definitely be experts in their respective fields - and they need a mortgage lender who is an expert in doctor loans. There are a lot of options out there for physicians, but there are several important things to consider when choosing the right lender.
1. Doctor Loan or Marketing Gimmick?
There are a lot of "doctor loans" out there that, really, aren't all that different from other options. Some require 5% or 10% down -- which can often be done through other conventional loan options available to many borrowers with good credit (financed and lender-paid MI could be used to eliminate the monthly mortgage insurance). Other "doctor loans" are really "private bank client" loans that would be available to doctors and non-doctors alike. That's not to say that they may not be good loan options, but they're not really "doctor loans." Make sure the "doctor loan" you seek is truly a benefit that isn't available under another name. If it's a higher loan-to-value than otherwise available, and there is truly no MI, it's likely a true physician loan.
Tamaya on Beach Boulevard, between I-295 and the Beaches.
Back in April, ICI Homes unveiled its pre-construction pricing in Tamaya, the new 2,400 home, master planned community about half way between Downtown and the Jacksonville Beaches. Much has been made about the cool Mediterranean style ICI Homes is known for, in neighborhoods like Palermo, and the [future] Siena development in Nocatee. What about location? That’s pretty unique as well.
Neighborhoods like Wolf Creek, Jacksonville Golf and Country Club and Highland Glen are convincing high end Jacksonville Home buyers that you can live in luxury in what Jacksonville natives sometimes refer to (in the pejorative sense) as the “Southside.” Every luxury development has its hook. In Ponte Vedra, there’s the beach. In Deerwood, the St. John’s Town Center, and Old San Jose and Palazzo in San Marco/San Jose make for a quick trip downtown. But where’s the happy medium?