12946 Metate, Poway

4 br, 2 ba, 1,468sf Brand New Construction "Energy Star" rated home and Green features. Qualifies for $8k first time homebuyer and $4,500 Solar tax credit! Located in Poway Unified school district, walking distance to park, shopping, markets & theatre. Integrated 2.3kW solar roof electric system reduces electric bill up to 97%, fully landscaped and irrigated front & backyard, private backyard w/ vinyl fencing & patio. Granite counters in Kitchen, separate laundry room, attached 2-car garage, 9' ceilings

This home is an attached home, but feels acts like a detached home. Each lot is a fee simple ownership and the home is constructed with it's own set of four walls, with a 6" sound buffer between the other paired home. These Energy Star homes are built to the highest standards and are 15% more energy efficient than new homes constructed to regular code. Buyers must be a qualified first time buyer and occupy home throughout ownership. Buyer must meet income guidelines based on household size for moderate income. 1 person household: $46,251-$62,950. 2 person hh: $52,901-$71,900. 3 person hh: $59,501-80,900. 4 person hh: $66,101-$89,900. 5 person hh: $71,401-$97,100. Purchase price includes $17,075 down payment, $270,168 30-year fixed BofA loan, and $54,266 BEGIN deferred loan. Buyer will also take on $25,492 SHOP deferred loan. SHOP loan is 0% interest and No payments for 45 years and is assumable to next buyer. BEGIN loan is 1% simple interest and No payments for 30 years and is assumable to next buyer. BEGIN loan requires minimum ownership of 5 years. Future sale price based on change in area median income versus market value. Complete guidelines available upon request