Smyrna, DE
Hurry In Today... Now Selling Final 5 Homesites! Close Out Incentive: Finished Basement Included! ‡
HOMESITE OF THE MONTH:
105 Summer Drive
-Over 2,700 Finished Square Feet
-12' Morning Room
-Luxury Owner's Suite with Sitting Area and Luxury Bathroom
-Finished Basement
-Elevation C with Siding Veneer
-1-Car Garage
-Country Kitchen with 42" Oak Natural Cabinets
-GE Appliance Package with Gas Range and Dishwasher
Total Sales Price: $204,765
Total Savings: -($24,775)*
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NEW SALES PRICE: $179,990
Eagle’s View invites first-time homebuyers to join the distinguished ranks of homeownership, without compromising the lifestyle you want and deserve! This well-appointed community features spacious townhomes in a convenient location within reach of major roadways and stores, all at an exceedingly affordable price. The unmatched value in Smyrna's best townhome location has created a track record of overwhelming success. Come and see why Eagle's View is one of Smyrna Delaware's best new home communities.
• Located in Smyrna, DE
• 3 bedrooms
• 1-car garage
• Stately townhomes featuring spacious, open floorplans, distinctive appointments and meticulous attention to detail
• Custom options include bay windows, hardwood and ceramic floors, finished family room, sunroom, morning room, luxury bath, fireplace and cathedral ceilings
• Beautifully landscaped yard for tremendous curb appeal
• Convenient location within easy reach of Routes 1, 13 and 300
Directions:
From Rt 1
-Take Exit 119 A
-Follow Rt 13 S approximately 2 mi.
-Turn right on Rt 300
-Proceed approx 1 mi. to a right onto Summer Dr.
-Model is on left.
Address: 1 Summer Drive, Smyrna, DE 19977
‡ 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 $160'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: $169,990
Interest Rate: 4.75%
Downpayment: 3.5%
Property Tax Rate: 0.65%
Origination Fee: 1%
Discount Points: 0%
Hazard Insurance: 0.21%
PMI: 0.55%
Up Front MI: 1.75%
Downpayment Estimate: $5,950
Loan amount: $166,911
Up front mortgage insurance amount: $2,871
$210 (Principal)
+ $661 (Interest)
+ $92 (Property Tax Estimate)
+ $30 (Hazard Insurance Estimate)
+ $77 (PMI Estimate)
+ $00 (Condo Fees)
- $184 (1st Year Tax Savings Estimate)
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$885 : 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.