Homes at the Mueller Redevelopment in East Austin Available March 5th

I was in a meeting with Councilmember Brewster McCracken yesterday and we chatted a little bit about the Mueller redevelopment in East Austin. He's going to miss the invitation-only event March 5th where they initially announce the chosen home builders. Like many of us in Austin, he's also excited and anticipating the launch of the Mueller Community. Of course, I will be there and plan to discuss the latest happenings once I have the scoop.

Here are some details from latest Mueller Livewire, their newsletter. You can sign up for it online at MuellerAustin.com.

THE BUYING PROCESS

Registrations will be accepted beginning March 5 through April 30, 2007. Interest in living at Mueller is high, so we’ve developed the Mueller Pioneer program in an effort to ensure a fair, equitable and hassle-free process.

Steps to Becoming a Mueller Pioneer:

1. Between Monday, March 5 and Monday, April 30, 2007, complete our registration form, which will be available at www.MuellerAustin.com or at Mueller Central, 4550 Mueller Blvd. (703-9220). We’ll need to know which home type from which builder you’re looking to buy. (Please note: there is no existing “waiting list” of Mueller home buyers.) Applicants may only select one home type and one builder. Due to anticipated high demand, families that register for more than one builder will be disqualified from the Pioneer program.
2. Obtain a pre-qualification letter from the builder’s preferred lender. Contact information will be available at www.MuellerAustin.com or at Mueller Central beginning March 5 through April 30. Obtaining the pre-qualification letter requires a $50 nonrefundable payment to its preferred lender. Please note: while you must obtain a pre-qualification letter from the builder’s lender, you can use any lender of your choice to obtain your financing.
3. If you’re interested in buying an affordable home, a home that is designated specifically for families with lower-than-median income, the registration form is the same, but the pre-qualification will also include income certification from the homebuilder’s preferred lender and, if you need it, consultation with our credit counselors.

Builders will be announced and plans will be made public on Monday, March 5. Your complete Mueller Pioneer package must be postmarked by Monday, April 30, 2007.

Process After Registrations Submitted:

1. Catellus will build the list of prospective Pioneers for each builder and style of home. We’ll use a randomizing process, overseen by a third party, to assign priority numbers to each Pioneer registration.
2. Each Mueller builder will then work directly, in order, with each prospective Pioneer to complete home sales. Catellus will not sell Mueller homes directly.

What if my selected builder sells all of its lots before getting to me? Mueller Pioneers unable to purchase their preferred home from the selected builder can advance (and keep their place in line) to the next phase of Mueller housing, assuming that builder is selected by Catellus to build homes in the next residential section. Or you can seek to purchase a different Mueller home plan from another builder selected by Catellus for the next section; but you will not retain your priority status.

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TexasRealtyBlog will have more information for you after the March 5th launch. Catellus also announced (in the last Mueller Implementation Plan Advisory Commission meeting) that they planned to hold some information sessions March 6-8th for the affordable housing piece. Keep in mind that this may change and also remember that "affordable" housing does not mean low quality. The affordable homes at Mueller will be the same style and quality as others.