Spring 2020 Parade of Homes Guide

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SPRING PARADE OF homes $150,000* More Brothers Construction $254,990 Twilight Homes $269,815 Hakes Brothers Construction $286,990 Twilight Homes $292,990 Twilight Homes $299,950 Stillbrooke Homes $299,990 Pulte Homes $308,650 Hakes Brothers Construction $328,025 D.R. Horton $358,122 Westway Homes $360,830 Abrazo Homes $426,386 Westway Homes $444,950 Homes by Kim Brooks $464,950 Homes by Kim Brooks $469,990 Twilight Homes $478,783 RayLee Homes: A New Generation $499,775 Stillbrooke Homes $525,000 Fellowship Homes $525,615 Abrazo Homes

Homes by Price 9 31 26 23 27 19 30 21 25 33 22 7 32 24 28 8 14 2 20

$541,998 Lowe-Bo Homes 18 $550,000 M-Art Building Company, LLC 5 $560,000 Vineyard Homes 17 $650,000 William Cervantes Enterprises, Inc. 1 $675,000 Twilight Homes Featured Builder $680,000 ECOterra Design/Build 29 $698,500 Las Ventanas NM, Inc. 6 $699,000 Enchanted Spaces LLC 16 $824,900 Scott Patrick Homes 11 $845,000 Scott Patrick Homes 10 $915,000 J.C. Anderson Construction 36 $919,000 Altair Homes 35 $1,100,000 William Cervantes Enterprises, Inc. 4 $1,215,000 Panorama Homes 13 $1,390,000 Lee Michael Homes 3 $1,499,000 RayLee Homes: A New Generation 37 $2,850,000 John Mark Custom Homes 15 n/a Desert Sage Custom Homes 34 n/a Panorama Homes 12

Color Code Key for Entry Numbers

Northeast Heights Placitas Bernalillo Valley

Rio Rancho Corrales

*cost of remodeled portion

Southeast Heights Westside Los Ranchos de Albuquerque

If you require special assistance, please call the Home Builders Association of Central New Mexico at (505) 344-3294.

Construction lending

June 5-7 & June 12-14 11 am –5 p m Tour 38 beautiful and innovative Albuquerque-area homes during the 2020 Spring Parade of Homes.

options crafted by Flagstar. One-close Construction • • • • • •

Construction Draw

Consolidate construction and purchase for only one set of closing costs and fees Pay just interest-only payments during construction1 Option to avoid requalification post-construction available2 Borrow up to $484,350 (or more in high-cost areas) Enjoy simple and flexible draw process with no set schedule Build over a 6-, 9-, or 12-month construction term

• Build a new primary or secondary home—whether upgrading or downsizing • Pay just interest-only payments during construction • Choose from a variety of Flagstar loans once construction period is complete3 • Build over a 12-month construction term

Call to learn more. LOAN THANH PHAN Senior Mortgage Loan Officer NMLS 595174 loan.phan@flagstar.com 505.504.6862

JESSICA CAMACHO LAYNE Senior Mortgage Loan Officer NMLS 496251 jessica.camacho@flagstar.com 505.313.2835

6745 Academy Road, Suite B • Albuquerque, NM 87109

paradenm.com

flagstar.com

Est. 1987

Equal Housing Lender

Member FDIC

1Borrower must have an escrow waiver to be eligible for interest-only payments during construction. If not, borrower will be responsible for making interest, tax, and insurance payments monthly. 2Borrower must have put down a minimum of 30% or have a sufficient credit score to qualify to avoid requalification. 3Borrower must qualify for end loan financing prior to construction, and upon completion of the construction of the dwelling. Programs available to qualified borrowers. Underwriting terms and conditions apply. Programs subject to change without notice. Some restrictions may apply.


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