Please read our FAQs for any questions you may have about Las Colinas and Dividend Homes. If you need additional information please contact us.

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How many homes are being built at Las Colinas?

There is a total of 32 homes in the Las Colinas community. The community is comprised of 24 of attached homes and 8 single family detached homes – all include private backyards.

When will the homes close escrow?

The homes that are completed and have pre-selected options and upgrades already installed can close within a month or less from when the purchase contract is signed. The homes that are not yet completed, which you can select your own options and upgrades, will typically close anywhere from 3 to 5 months from the date the purchase contract is signed.

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

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

  • US Bank- Sylvia Fields Phone: (408) 655-3097 Email:
  • Wells Fargo- Maria Anderson Phone: (650) 941-1777 Email:
Can I use my own lender?

Yes, however, we require a pre-approval from one of our preferred lenders to purchase a home.

What is the sales process?

There is a sales process that has been established. For more details, please contact the community Sales Representative.

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

The initial earnest money deposit at time of contract is 3% of the purchase price. If you do select any upgrades, a deposit of 50% of the total of these upgrades is required at the time of the order and the balance is due when the house is complete.

What are the designated schools?

Las Colinas is in the Morgan Hill Unified School District. The District advises that children residing at Las Colinas are currently assigned to attend the following schools:

  • El Toro Elementary School, 455 East Main Ave., Morgan Hill, CA 95037 408-201-6380
  • Martin Murphy Middle School, 141 Avenida Espana, Morgan Hill, CA 95139 408-201-6260
  • Ann Sobrato High School, 401 Burnett Avenue, Morgan Hill, CA 95037 408-201-6200
When will the model homes be listed for sale?

The model homes are sales tools, and as such, will not be sold until the entire community is sold out. Once the community is sold out the model homes will be released.