Central Station

The Bay Area's Newest Destination

Tuesday, February 14, 2012

PCL Prices Just Got Even Better!

I just got the eBlast from PCL with new pricing and incredible loan rates, and the deals are pretty unbelievable. As I showed in my previous post, it really is cheaper to buy at PCL than rent anywhere around here now, and with the current pricing and rates, its more true than ever. Simply put: $1057 buys you a 1-bedroom loft home (see details below, from the PCL email), while $1500 rents you a 500 square foot studio and $2000 rents you a 1 bedroom.
Link

Own from $1057 per month with a 1.875% loan rate*

Purchase this month and you could own from $1,057/month – including mortgage payment, property taxes, HOA dues, and insurance!!!* That means you can own for about HALF of what it costs to rent - really! Visit us today to see our new models learn more about this unprecedented opportunity.

~ FHA, 5%, 10%, and 20% down financing opportunities
~
One and two bedroom flats, lofts, and townhomes
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Easy access to all major Freeways, BART, Amtrak, & AC Transit
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Dog wash and Bike lounge
~ New homes from $189,000
*Contract must be ratified by 2/29/12 and escrow must close within 60 days. Prices, terms, and availability subject to change. See sales agent for details. Please consult a tax advisor. The interest rate on an Adjustable Rate Mortgage (ARM) is subject to increase after consummation. Subject to credit approval. Rates available as of date of printing are subject to change without notice. Home Equity financing is available through Wells Fargo Consumer Credit Group, a division of Wells Fargo Bank,N.A.,Member FDIC. Payment figures above are based on a $189,000 home with 20% down and a 1.875% 5/1 ARM, 2.423% APR. Payment reflects estimated HOA dues, property taxes, insurance, principle and interest.

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