Name That Community
This community's best selling plan is the Frankfurt
St. Augustine
This is the amount of money paid at closing towards the purchase of a new home
down payment
This feature became one of the most requested after 2020.
Home Office
GKO & GKD stand for this
Gold Key Orientation & Gold Key Delivery
This is the day that most sales and construction meeting occur.
Monday
This is our last remaining Legacy community on the East side
The Landing at New Caney
Lenders use this ratio to compare a borrower's monthly debt payments to income.
Debt-to-Income ratio (DTI)
This room is consistently ranked as one of the most important rooms to homebuyers.
The Kitchen
Most construction schedules are impacted more by this than any other factor.
Weather
This is the last major municipal approval required before a buyer can legally occupy a newly constructed home.
Certificate of Occupancy (CO)
Our most tenured CCM is currently working here
East Meadows
This process determines the current market value of a home for the lender.
appraisal
This is the most common reason buyers choose new construction over resale homes.
Warranty/Lower Maintenance
This term refers to the process of leveling and shaping the lot before construction begins.
Grading
Buyers are often surprised to learn this natural process can cause minor drywall cracks after move-in
settlement
The only community with a lagoon feature
River Ranch
This insurance protects the lender if the borrower defaults and is often required with less than 20% down.
Private Mortgage Insurance (PMI)
This feature consistently ranks among the top reasons buyers will pay a premium for a home
great school district
This is the most expensive component of a home to repair if major structural issues develop
foundation
Completing this inspection too close to closing can jeopardize the closing date if repairs are identified.
buyer's third-party final inspection
This is our Western most community
Ashland
Making one extra mortgage payment each year can shorten a 30-year mortgage by approximately this many years.
4 to 5 years
According to many buyer surveys, this factor cannot be changed after purchase.
Location
HVAC stands for this
Heating, Ventilation, and Air Conditioning
Although buyers often think signing at closing is the finish line, this is the most important milestone that must occur before keys can be released.
loan funding