Richmond, VA
For a limited time, receive $5,000 in Closing Costs ! Homesite Special –
Avery with finished walk-out basement on Homesite 63,
$207,990 plus $8k in closing costs!
‡
Imagine a community that gives you the best of everything: A fabulous location close to downtown Richmond, I-95, and the Powhite Parkway; plush, large wooded homesites offering a superior level of privacy and tranquility; and incredibly affordable pricing. Adam’s Park, a community of distinguished luxury family homes offers all that and more for an outstanding value. Located just inside the city’s limits, Adam’s Park boasts inviting sidewalks, and a large, open common area perfect for neighborhood gatherings. Come and see why Adams Park is one of Chesterfield County’s best new home communities.
• Located in Richmond, VA
• Walkout Basements Included 2 - 5 bedrooms
• 2.5 – 4.5 bathrooms
• 2-car garage
• 1,288 – 3,800 square feet of living space
• Large, wooded, private homesites
• Close to downtown Richmond, I-95 and Powhite Pkwy
• Affordability, convenience and serenity in a retreat-like setting
Directions:
-From Chippenham Pkwy., take Ironbridge Road West exit towards Richmond.
-Go .7 miles to a left on Kenmare Loop.
-Take first right onto Bathgate Road and immediate left on Glenbeigh Drive.
-Model will be ahead on left.
Navigation Address: 5501 Kenmare Loop, Richmond, VA 23234
‡ This is a limited time offer and available only on new contracts when financing through NVR Mortgage. Please consult our sales representative for details.
Models Available
Starting from the Upper $170's
Decorated Model
**Limited time only. Financing based on a 30 Year FHA loan, with an interest rate of 4.75%, an APR not to exceed 5.439%, and 3.5% down payment. Monthly payment assumes the base sales price of the community which includes principal, interest, estimated taxes, insurance, up front mortgage insurance premium and estimated tax savings based on a 28% income tax rate. We recommend that you consult a Certified Public Accountant regarding your specific tax situation and details. Monthly payment does not include homeowner's association dues. The borrower is paying 0 discount point(s). A 1% origination fee is paid by the buyer. Mortgage insurance is included in these examples because the LTV is 96.5%. Qualifying and rates on loan programs may vary based on credit criteria, final amount of down payment, and are subject to current market pricing. APR may vary depending on rate and final loan program. Certain restrictions may apply. Rates effective 3/19/2010 and subject to change without notice. Prices, offers and financing are subject to change without notice. See sales representative for details. NVR Mortgage Finance, Inc. is licensed by the Virginia State Corporation Commission as mortgage lender and broker, MC-528
Product: 30 Year FHA
Sales Price: $179,990
Interest Rate: 4.75%
Downpayment: 3.5%
Property Tax Rate: 1%
Origination Fee: 1%
Discount Points: 0%
Hazard Insurance: 0.11%
PMI: 0.55%
Up Front MI: 1.75%
Downpayment Estimate: $6,300
Loan amount: $176,730
Up front mortgage insurance amount: $3,040
$222 (Principal)
+ $700 (Interest)
+ $150 (Property Tax Estimate)
+ $16 (Hazard Insurance Estimate)
+ $81 (PMI Estimate)
+ $00 (Condo Fees)
- $195 (1st Year Tax Savings Estimate)
-------------------
$975 : Estimated Monthly Payment
Federal tax credit up to $8,000 for first-time buyers and $6,500 for move-up buyers available on homes under contract as primary residences by 4/30/2010 and settled by 6/30/2010. $8,000 tax credit is for first-time buyers or those who have not owned a primary residence in 3 years. The $6,500 credit is Available to Move-Up Buyers who have maintained the same principal residence for any 5-consecutive year period during the 8-year period ending on the date of the settlement. Income limitations and other restrictions apply. We suggest you consult a Certified Public Accountant and IRS.gov for tax advice and official requirements. Prices, financing and other offers subject to change without notice. See sales representative for details.