It is currently anticipated that most or all of the homes in this community will be sold on a first-come, first-served basis; however, Seller may elect to sell homes by any other lawful process in its discretion without advance notice. For complete details of the first-come, first-served sales process as well as Seller’s reservation of rights, see below.
The next sales release will be on a first-come, first-served basis. San Luis Avenue, L.P. (“SELLER”) will announce the homes to be released for sale and the purchase price for each home to be included in the sales release on the Palmero website (PalmeroHomes.com) and by email to the Palmero interest list. Prospects wishing to purchase a home in the sales release will form a line at the entrance to the Palmero sales office.
Only prospects with a valid Preliminary Approval letter from one of our Preferred Lenders can register a position in line and the person who registers the position in line must also be the BUYER at time of purchase. After BUYER has registered a position in line, BUYER or a designated person selected by BUYER, must remain at the entrance to the sales office (or at a location as determined and announced/posted by Palmero Sales Staff) until the day and time of the sales release. BUYER will forfeit position in line if these procedures are not followed. Please sign up on the registration list posted at the sales office when you arrive for this sales release. We are anticipating more buyers than homes for sale on release day.
Proxies: A BUYER who is unable to attend the sales release may use a proxy if the proxy has a current, notarized power of attorney from the BUYER authorizing the proxy to enter into a contract to purchase real property on the buyer’s behalf. Power of Attorney must be prepared by appointment only with Maria Delgadillo (email@example.com) or Cristina Marroquin (firstname.lastname@example.org) at First American Title Company. All rules and procedures set forth herein apply to the proxy just as they would apply to the BUYER.
Parties wishing to purchase a home at Palmero must provide the following at the time of sale:
Buyers who meet the criteria above will be given the opportunity to choose any available home on a first-come, first-served basis, and will be required to complete and sign the Purchase Agreement and related sales documents within 24 hours.
The following guidelines will apply to this sales release:
The sales process described above may or may not be used for future sales releases. SELLER reserves the right to modify the sales process at any time for any reason, including weather related conditions, without prior notice to prospective buyers. SELLER also reserves the right to accept, reject or counter any unsolicited offer on any home not included in the Sales Release.
Brokers/Agents must accompany their clients on the client’s first visit to Palmero and fill out the Broker/Agent registration form. Broker/Agent referral fee is not available for occupancy by the Broker or Agent in the transaction. Neither Broker nor Agent may be a party to the Purchase Agreement, Loan, or on Title for the home. All referral fees will be paid upon close of escrow directly to the referring Broker. No portion of the referral fee may be credited to the Buyer through escrow. More information on our Broker Policy can be found at PalmeroHomes.com/Brokers.
We look forward to helping you become a homeowner at Palmero! If you have any questions, please contact the Palmero Sales Staff.