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Looking for a discount? We’re offering savings off the base price and a reduction in closing costs on select quick move-in homes.
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Welcome to K. Hovnanian's® Four Seasons at Terra Lago, a new active adult 55+ community in Indio, CA, offering resort-style living in heart of the Palm Desert. Select from 13 spacious home designs, many on golf course homesites, and enjoy amenities including a luxurious clubhouse, fitness center, and more.
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**K. Hovnanian’s® Four Seasons at Terra Lago is offered by Terra Lago Indio LLC. K. Hovnanian's Four Seasons communities are intended to provide housing primarily for residents 55 years of age or older. Additional restrictions, including limitations on the ages of additional permanent and temporary residents of a home, may apply. All K. Hovnanian's Four Seasons communities shall be operated as age-restricted communities in compliance with all applicable local, state and federal laws. Limited exceptions for residents 50 years of age or older may apply. See a Community Sales Consultant for details Sales Consultants: Barbara Wagar DRE#00606392 and Wendy Margrave DRE#01128324. ©2022 K. Hovnanian California Operations, Inc. DRE#01183847. Savings promotion applies to select QMI homes with new contracts written on or after 11/15/22, and close by 12/30/22. Interest rate is as of 11/22/2022. Monthly mortgage payment of $2,072 is calculated on a sales price of $482,900, an interest rate of 4.99% (APR 5.085%) for a 30-year Fixed, owner occupied, Conventional Mortgage, with a 20% down payment, a purchaser with a credit score of 740, and .625 % discount points paid by the seller. For information regarding current market rates, please visit https://www.freddiemac.com/pmms. Rates may change or not be available or funds may be exhausted. Buyer is subject to qualification for specific loan terms, occupancy, down payment, credit and underwriting requirements, and/or investor program guidelines. Estimated loan amount of $386,300 and sales price of $482,900. See a Sales Consultant for full details on select QMI homes, not available in all states, communities or homes. Monthly mortgage payment includes principal and interest only. Property taxes, homeowner’s insurance, and HOA fees are not included and may apply. Flood insurance may be required depending on the location of the home. Interest rate quote is not guaranteed and is subject to market conditions and may change or program may be cancelled without prior notice. Available only for closed purchase agreements with financing through K. Hovnanian American Mortgage, L.L.C. Subject to final negotiation of contract terms and is subject to all RESPA guidelines. Alternative loan options available. Options, upgrades, and/or closing costs will vary by community and homesite. Incentives may not be combined with any other offers. Seller contribution limits apply and may affect maximum financing. Maximum closing cost assistance may vary based on the purchase price, product and occupancy. The incentives are based on the use of K. Hovnanian American Mortgage, L.L.C. ("KHAM") for financing or an all cash purchase. If KHAM or all cash is not used, the incentives will be reduced by up to $10,000 or 3% of the purchase price. K. Hovnanian American Mortgage, L.L.C. 3601 Quantum Boulevard, Boynton Beach, FL 33426. NMLS #3259 (www.nmlsconsumeraccess.org). Licensed by California Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act. Lic. #4130532. See a Sales Consultant for full details. Equal Housing Opportunity.
Base sales price reduction is dependent on community and availability.