The new owners of the recently under-fire community have teamed with Integrated Mortgage Solutions in an effort to spur home sales at the 55-and-over community.
A press release noted that a home in the Palm Desert commuity can be financed for a total monthly payment of $1,202. The payment in addition to principal, interest, tax and insurance, this total monthly payment of $1,202 includes HOA fees, clubhouse fees, water, cable, pest control, and more.
“We’re excited to have Integrated Mortgage Solutions as our preferred lender.” said Vince Barbato, a principal of Family Development. “They’ve created an absolutely irresistible loan program for our new home buyers. In many cases, our residents’ total monthly living expense at Villa Portofino is even less than the payment they had on their first home they purchased 30 years ago!”
“Villa Portofino has quickly established itself as the premier community for active adults,” said Jim Casey, President and CEO of Integrated Wealth Management. “With the amazing homes and incredible lifestyle, people fall in love with it on their first visit. We’re looking forward to helping prospective buyers take advantage of these historically low interest rates and realize their dream of living here.”
Villa Portofino is located on 50 acres, surrounded by breathtaking views of the San Jacinto and Santa Rosa Mountains. Paver stone streets, gentle arches supported by graceful columns, smooth stucco exteriors and windows laced with artful ironwork recreate the picturesque charm of a quiet Italian village.
There are two floor plan designs currently being offered at the community. Prices begin at $149,000
For more information about Villa Portofino, phone 760-340-5433 or click here.
The community is located at 4001 Via Portofino, Palm Desert, CA, 92260.