What does Villas di Toscana mean?

Villas di Toscana is Italian for “Villas of Tuscany.” Villas di Toscana brings a refreshing Mediterranean-inspired architectural style to Santa Fe, complementing the traditional Southwest styles.

How big is Villas di Toscana?

Villas di Toscana will have a total of 62 homes and over 2 acres of greenbelt.

What distinguishes Villas di Toscana from other Santa Fe neighborhoods?

  • Mediterranean (Tuscan) exterior architectural style
  • Gated community
  • One-of-a-kind concept in Santa Fe
  • Walking paths and pocket parks
  • Central location

What is a patio home in Villas di Toscana?

Homes in Villas di Toscana are designed for an easy living and low maintenance lifestyle. Each home has its own private patio and/or courtyard spaces to enjoy Santa Fe’s renowned weather and beautiful skies. Our homes are ideal for full or part-time residence

Is there a Homeowners’ Association for Villas di Toscana?

Yes, there is an active Homeowner’s Association that is tasked with maintaining gates, roads, pathways, parks, and common areas, and enforcement of neighborhood covenants.

How long does it take to build a home?

Depending on seasonal weather during critical construction phases you can expect your home to be completed within 5 – 6 months from the time you finalize your interior & exterior personalization selections.

Does the home buyer have any design choices?

Yes, you have the opportunity to personalize your home with a wide variety of choices beginning with the floor plan, homesite, flooring, countertops, cabinets, and more all within the base price. You can also add options and upgrades

Is financing available for the new homes?

Yes, we have local preferred lenders familiar with the community who provide a wide selection of loan products, or you can use a different lender of your choice.

What kind of financing is required to have a home built in Villas di Toscana?

We make it easy for you. Just provide a letter of pre-approval from an acceptable lender at the time we write your purchase agreement, along with the required deposits. When the home is completed, you close just like any other home purchase. Other options include construction financing or a cash purchase.

What is HERS?

HERSThe Home Energy Rating System (HERS) Index is the industry standard by which a home’s energy efficiency is measured. It’s also the nationally recognized system for inspecting and calculating a home’s energy performance.

How the Score is Determined

HERS is a scoring system set by the Residential Energy Services Network (RESNET) to measure a home’s energy efficiency and determine if it meets ENERGY STAR guidelines. The lower the HERS Index, the more energy efficient the home.

Who determines the HERS Score?

A third-party certified HERS Rater audits each home during multiple stages of construction to identify its energy characteristics, such as insulation levels, window efficiency, wall-to-window ratios, the heating and cooling system efficiency, the solar orientation of the home, and the water heating system. Performance testing, such as a blower door test for air leakage and duct leakage, is also part of the rating.

Why use the HERS Index?

You wouldn’t buy a new car without knowing how many miles per gallon it gets. Why should buying a home be any different? Think of a HERS score as the MPG rating for your home.
Outside of your mortgage, the highest cost of homeownership is ENERGY. With home energy costs climbing, it only makes sense to find out how energy efficient a home really is.

See this fact sheet for a pdf version.

What is a Realtor?

A REALTOR® is a licensed real estate salesperson who belongs to the National Association of REALTORS®, the largest trade group in the country.

Not every agent is a REALTOR®, but most are. If you’re unsure, you can ask your agent if they’re a licensed REALTOR®.

REALTORS® are held to a higher ethical standard than licensed agents and must adhere to a Code of Ethics.

Some REALTORS® are brokers, while some are agents. Unfortunately, people use the term interchangeably: there are some differences.

Brokers are usually managers. They run an agency and have agents working under them as salespeople. They might own a real estate brokerage or manage a franchise operation. They must take additional courses and pay additional fees to maintain their state-issued broker license.

An agent, on the other hand, is a salesperson selling on behalf of the broker.

Agents are also state licensed and must pass a written test before legally acting as a real estate agent. Each state has its own licensing laws and standards.

Some states—like Illinois—have eliminated the real estate salesperson license and mandate all agents take additional course work and pass another test to become brokers. They are broker associates still selling under a managing broker

(source: http://www.realtor.com/advice/what-is-a-realtor/)

I have to make a choice between an updated home in an older neighborhood or a newer home in a more modern neighborhood. The home in the older neighborhood has almost everything I want and is much larger, but which makes the most sense as an investment?

If your goal is to buy a home for it’s resale value and the one you are thinking of buying in the older neighborhood is at the upper end of values for that neighborhood, then it may not be the wisest choice. If it is similar or lower in price to the others, then there should be no problem, because pricing should be considered in relation to the local neighborhood and not compared to homes in other neighborhoods (for the most part)

Plus, is it a neighborhood on the decline, or are others going to be fixing things up, too, so that it is a neighborhood that is improving? It could turn out to be a very good deal as long as you don’t “overpay” because of the recent improvements.

Remember that you also buy a home for it’s value to you as a “home,” and that is something else you should consider. Which neighborhood would you AND your family feel most comfortable in?

What is the difference between a real estate agent and a real estate broker?

Most states require real estate sales professionals to be licensed by the state, so that they can control education and experience requirements and have a central authority to resolve consumer problems.

The terminology used to identify real estate professionals varies a little from state to state. Brokers are generally required to have more education and experience than real estate salespersons or agents.

The person you normally deal with is a real estate agent or salesperson. The salesperson is licensed by the state, but must work for a broker. All listings are placed in the broker’s name, not the salesperson’s.

A broker can deal directly with home buyers and sellers, or can have a staff of salespersons or agents working for him or her.