Falling Waters, WV
Federal tax credit has been extended for a limited time . . . and this time first time AND current homeowners may be able to cash in! Plus, purchase now and receive a FREE finished Rec Room. Ask for details. ‡
It’s impossible to say what you’ll love most about Brookfield Towns: the homes with award-winning designs, the enviable location or the low Berkeley County taxes. This luxury townhome community places residents within easy reach of everything, from nearby Hagerstown and the Martinsburg Mall to the White Tail Ski Resort, the Potomac River and the many state parks in the area. You deserve this.
• Located in Falling Waters, WV
• Up to 4 bedrooms
• Attached 1-car garage
• Up to 2,400 square feet
• Spacious, 3-level townhomes with high-speed wiring, 9-foot ceilings on 1st floor, and more
• Low Berkeley County taxes
• Berkeley County schools
• Within short distance of Hagerstown and Martinsburg Mall
• Skiing and hiking nearby at White Tail Ski Resort
• Close to Potomac River with private boat access for the community with pavilion and picnic areas
Directions:
From Frederick MD
- Take I-70 West to I-81 South.
- Follow I-81 South to Exit 23
- Turn right on Rt 11 and follow for 1.5 miles.
- Turn right on Broad Lane.
- Turn right onto Riparian Drive into community.
- Turn right on Rivana Run.
- Turn right on Streamside Place.
- Model on right.
‡ 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 $120's
**Limited time only. Financing based on a 30 Year FHA loan, with an interest rate of 4.75%, an APR not to exceed 5.462%, 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 0.25 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 3/12/2010 and subject to change without notice. Prices, offers and financing are subject to change without notice. See sales representative for details.
Product: 30 Year FHA
Sales Price: $129,990
Interest Rate: 4.75%
Downpayment: 3.5%
Property Tax Rate: 0.73%
Origination Fee: 1%
Discount Points: 0.25%
Hazard Insurance: 0.2%
PMI: 0.55%
Up Front MI: 1.75%
Downpayment Estimate: $4,550
Loan amount: $127,636
Up front mortgage insurance amount: $2,195
$161 (Principal)
+ $505 (Interest)
+ $79 (Property Tax Estimate)
+ $22 (Hazard Insurance Estimate)
+ $58 (PMI Estimate)
+ $00 (Condo Fees)
- $140 (1st Year Tax Savings Estimate)
-------------------
$685 : 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.