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FREQUENTLY ASKED QUESTIONS

Acacia Frequently Asked Questions

Explore answers to frequently asked questions about Acacia, including community details, home features, the sales process, and more.

How many homes are being built at Acacia?

Acacia consists of 16 townhome-style condominiums. The community will include a park with barbeque facilities.

What features and finishes shown in the model home are standard and which are upgraded?

At Acacia, every home is expertly designed with one of three professionally curated finish packages — Warm, Cool, or Model. Rather than offering complex upgrade menus, our interior team has pre-selected high-quality features and finishes that complement each floor plan beautifully. Please refer to our ‘Features List’ or consult with our Sales Manager for further details.

What are some of the energy efficient features at Acacia?

All homes at Acacia are electric and solar-powered. All homes include solar panel systems, EV prepped garages, mini split air conditioning & heating multi zone systems with Nest thermostat, and more. Please refer to our ‘Features List’ and website for additional details.

Do I need to be pre-approved for a loan before purchasing a home at Acacia?

Yes. To be eligible to purchase a home, you must be pre-approved by one of our preferred lenders. Our preferred lenders are:

Citi Bank
Sue Lee
NMLS #633679
(408) 892-2291
Sue.s.lee@citi.com

BMO
Uvas Yu
NMLS #915791
(408) 832-1632
Uvas.Yu@bmo.com

Wells Fargo
Nan Cullinane
NMLS #349180
(408) 857-1906
Nan@wellsfargo.com

How much are the Homeowners Association (HOA) dues?

HOA dues are currently estimated around $800 per home per month. The HOA dues cover the costs of owning and maintaining the project common area, including solar maintenance, common area landscape, driveway aprons/aisles, HOA insurance, reserves, partial maintenance of the home exteriors and roof, and trash collection service. A full breakdown of the HOA maintenance responsibility is listed in the Acacia CC&Rs. Please refer to Exhibit A to the CC&Rs for further detail.

What deposits are required on these homes at the time an agreement is signed?

At the time of reservation, a 3% earnest money deposit is collected. This deposit remains fully refundable until the Purchase Agreement is signed.You’ll receive a sample Purchase Agreement and have a 3-day review period before the formal contract is issued. Once the Purchase Agreement is sent, you’ll have 48 hours to sign.

For a smooth and personalized experience, our Sales Manager will walk you through each step and can answer any questions you may have about our sales process

What is the broker referral fee?

The broker referral fee is 2.5%. The broker/agent must accompany their client on their first visit to the community sales office in order to receive a referral fee. At the time of the potential buyer’s first visit to the sales office, the broker/agent must fill out the Broker/Agent Registration Form. This registration form will be kept on file and validates that the broker/agent has registered the buyer as their client.

Note: If the buyer has visited the sales office prior to the broker/agent’s first visit with them, the broker/agent will not be allowed to register this buyer as their client.

What are the designated schools?

Acacia is in the Palo Alto Unified School District (PAUSD). The District advise that children residing at Acacia are currently assigned to attend the following schools:

Barron Park Elementary
800 Barron Avenue
Palo Alto, CA, 94306
650.858.0508
Jane Lathrop Stanford Middle
480 East Meadow Drive
Palo Alto, CA, 94306
650.856.5188
Henry M. Gunn High
780 Arastradero Road
Palo Alto, CA, 94306
650.354.8200

 
School assignments are subject to capacity limitations and boundary changes as determined by the PAUSD School Board. For the most current information regarding school assignments, facilities and bus service, buyers are encouraged to contact the school district: Palo Alto Unified School District 650.329.3700, https://www.pausd.org/.