Q: What is the required deposit?
A: A 3% deposit is required; check made payable to: Firs American Financial Corporation
Q: Do I need to get pre-qualified with a Summerhill Homes Preferred Lender?
A: Yes, Buyers must be pre-approved by a SummerHill Preferred Lender prior to writing a Purchase Agreement.
Q: Who are the Summerhill Homes Preferred Lenders?
A:
Rene Holmes (NMLS #453176)
Wells Fargo
831-661-0747
rene.holmes@wellsfargo.com
Apply Now
Eilo Baboneh (NMLS #35794)
Bank of America
510-701-4000
eilo.baboneh@bofa.com
Apply Now
Steve Johnson (NMLS #667901)
BMO
408-823-7655
steve1.johnson@bmo.com
Apply Now
Jason Barnes (NMLS# 633514)
U.S. Bank
Cell- 925-321-0439
Office- 925-738-1086
jason.barnes@usbank.com
Apply Now
Q: How many homes are being built at 28FIFTY?
A: 28FIFTY offers 48 New Townhomes plus a central community park for gatherings in the Midtown Palo Alto neighborhood.
Q: Will there be a Homeowner's Association?
A: Yes, there will be an HOA, the monthly dues will be approximately $443.66 at built-out month per home. The dues cover Common Area Landscaping, Private Streets, Recreational Facilities, Exterior Building/Roof Maintenance, Insurance on the building, along with Professional HOA Management.
Q: What schools are located near 28FIFTY?
A: The following excellent schools located near 28FIFTY:
• PaloVerde Elementary
Address: 3450 Louis Rd, Palo Alto, CA 94303
Phone: (650) 856-1672
https://paloverde.pausd.org/
• JLStanford Middle School- Ranked #8 in California
Address: 480 EMeadow Dr, Palo Alto, CA 94306
Phone: (650) 856-5188
https://jls.pausd.org/
• PaloAlto High School- Ranked #9 in California
Address: 50Embarcadero Rd, Palo Alto, CA 94301
Phone: (650) 329-3701
https://www.paly.net/
Q: How do I sign up for the Interest List to receive updates on special events & future sales releases?
A: To sign up for the Interest List please click on GET UPDATES at the top of the main page.
Q: Is there a Community Timeline?
A:
•Happening Now:
-Accepting Pre-Approvals: Contact Preferred Lenders [HERE].
-Scheduling Hard Hat Tours: Must be Pre-Approved to Tour.
-Limited Pre-Sale Opportunities: Must be Pre-Approved to Participate.
•Mid-February 2025: Model Home Private Tours
•February 2025: First Come, First Served Sales Release
•March 2025: Community Grand Opening
•First Move-Ins (per building):
-Buildings 2 –February 2025
-Building 3 –Feb/March 2025
-Building 8 –March 2025
-Building 7 –April 2025
-Building 6 - May2025
-Future Buildings – TBD
Dates, events, and availability are subject to change without notice. Please contact us directly or visit the website for the most up-to-date information.
