Hanover, PA
Free Finished Lower Level OR $8,000 Towards Closing Costs! ‡
With historically low interest rates, and incredible values, there’s never been a better time to stop renting and start enjoying the benefits of home ownership, including affordable monthly payments and tax savings. You can do just that in Cherry Tree , Hanover PA.’s most affordable townhomes centrally located near Routes 94, 30, 795 , 216, and 851 which provide time-saving access to Baltimore, Gettysburg and local access to everyday life conveniences. Enjoy a prime location right next to downtown Hanover and minutes from the Maryland State line. Perhaps best of all, Codorus State Park and sparkling Lake Marburg are practically in your backyard, offering 3,329 sprawling acres for hiking, biking, picnicking, horseback riding, swimming, fishing and more.
-Located in Hanover Pa
-3 bedrooms and up to 2 full, 2 half bathrooms
-1 car garage
-Up to 2100 sq. ft.
-Stately townhomes with 3 levels, ceramic bath enclosures, Patriot Low-E windows, and kitchens handsomely equipped with Timberlake cabinets, G.E. ® appliances and Moen® faucets
-Just down the road from Codorus State Park’s 3,329 acres of hiking and biking trails, picnic sites, horseback riding, hunting, camping and swimming and fishing on Lake Marburg
-Convenient to shopping, dining and everyday needs
-Minutes from the PA/MD state line
-Easy access to Route 94, Route 30 and I-795
Directions:
-From I-695, Take I-795N. (Northwest Expressway) to Rt 30N.
-Proceed on Rt 30N which becomes Rt 94N at MD/PA line.
-Proceed 4.7 miles on PA-94N and turn right on Grandview Dr.
-Grandview will turn into Wilson Ave.
-Stay straight on Wilson Ave.
-Left on Moul Ave.
-Left on Grant Ave.
-Proceed to Information Center 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 Low $130's
**Limited time only. Financing based on a 30 Year FHA loan, with an interest rate of 4.75%, an APR not to exceed 5.439%, 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.
Product: 30 Year FHA
Sales Price: $133,990
Interest Rate: 4.75%
Downpayment: 3.5%
Property Tax Rate: 2.67%
Origination Fee: 1%
Discount Points: 0%
Hazard Insurance: 0.2%
PMI: 0.55%
Up Front MI: 1.75%
Downpayment Estimate: $4,690
Loan amount: $131,563
Up front mortgage insurance amount: $2,263
$166 (Principal)
+ $521 (Interest)
+ $298 (Property Tax Estimate)
+ $22 (Hazard Insurance Estimate)
+ $60 (PMI Estimate)
+ $00 (Condo Fees)
- $145 (1st Year Tax Savings Estimate)
-------------------
$922 : 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.