As Featured in the New Homes Section August 27th, 2006

Renters become new homeowners with Michael Crews Development: Excellent financing options make it possible

Michael Crews Development’s low monthly mortgage with zero down payment program at Cityscape is becoming increasingly popular with new homebuyers, making it especially easy for renters to become homeowners.

“We can get payments down to as low as $2,424 a month,” said David Bennett, Michael Crews Development Sales Associate. “And in some cases, the payment could be even lower depending on individual eligibility factors. Stop by the Sales Office today and visit with one of our Sales Associates. We can tell you all about the various financing options available at Cityscape.”

Whether you are looking to buy your first home, or move into a new one, or if you are looking to purchase a rental or investment property, now is the time to take advantage of the incredible opportunities at Cityscape.

The $2,424 monthly payment program is based on no down payment, no property taxes or HOA’s, and the after-tax amount from a note rate of 6.5% (APR 6.675%) on a 5/1 ARM, interest-only, 80 percent 1st mortgage, and a 20 percent 2^nd mortgage, interest-only line of credit with a 9.75% interest rate. Call Paul Russell at Triple Diamond Mortgage today at 877-562-6687 to discuss details.

Additional Michael Crews Development neighborhoods in Escondido include Sole, City Lights II, Centerstage, Gretna Green and Royal View. To find out more about these and other Michael Crews Development neighborhoods, stop by one of the Sales Offices. Offices are open daily from 9 a.m. to 6 p.m. at Cityscape, and from 10 a.m. to 6 p.m., Saturday and Sunday, at Royal View and Sole.

Royal View offers large luxury estate homes ranging from 3,487 to 4,164 square feet with 4 to 5 bedrooms, and up to 6-car garages, each situated on minimum two-acre lots. To get to Royal View, from I-15 in Escondido , exit on Via Rancho Parkway and head East. Via Rancho Parkway turns into Bear Valley Parkway . Follow Bear Valley Parkway to San Pasqual Valley Rd. and turn right. Take a left at the Royal View sign and follow into neighborhood. The Sales Office is at the top of the hill.

Sole offers two-story homes with 2,885 square feet, 5 bedrooms, 3 bathrooms and 3-car garages. To get to Sole in Escondido , exit on Valley Parkway west . Turn right on 11th Avenue . Turn left on Hale Ave , and then turn left on Sole Glen into the Sole neighborhood. Look for Sales Office sign.

The Cityscape neighborhood offers 14 beautiful, new row-homes in Escondido . Each home has 2,071 square feet, 4 bedrooms, 2.5 bathrooms, a 2-car garage and an outstanding standard features package. To get to Cityscape, from I-15, exit on Valley Parkway east . Turn right on Midway Drive . The Cityscape neighborhood is on the right side of Midway Drive at the intersection of Grand Ave. Look for the Sales Office sign.

For more information, call the Sales Office at 760-751-1212, or visit us online at www.michaelcrews.com.