3/18/2010 4:10:30 AM

Fair Oaks

Fort Mill, SC

Fair Oaks Community

School District: Fort Mill Schools

Contact: (803) 548-6988

Location: (Directions)

Hours: Tues-Sat 10AM-6PM; Sun & Mon 12-6PM

Ryan Homes' Spring Savings Event!
Buy NOW and Receive 1/2 Off Options Up To $20,000!
Hurry! For a Limited Time Only! ‡



Location, location, location! Enjoy low taxes, easy access to I-77 and I-485, plus all the recreation, everyday conveniences and dining you could ever want in this perfectly located community.

• Located in Fort Mill, SC
• Up to 5 bedrooms
• Up to 4,000 square feet
• Community pool and beautiful, open green areas
• Low Fort Mill taxes
• Close to Carolina Place Mall, Carowinds, restaurants, a new YMCA and brand new shopping including Target, Home Depot, Bi-Lo and Harris Teeter
• Minutes from Lake Wylie
• Easy access to I-77 and I-485

Directions:

-I-77 S. to Exit 90 (Carowinds Blvd./Hwy. 21).
-Turn Right off exit, continuing toward NC49 for .5 mi.
-Left onto Pleasant Rd.
-Travel 1 mi. and turn Right onto Altura Rd.
-Community is 1 mile on left.


‡ 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 $230'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 3/18/2010 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: $234,990
Interest Rate: 4.75%
Downpayment: 3.5%
Property Tax Rate: 1.2096%
Origination Fee: 1%
Discount Points: 0%
Hazard Insurance: 0.25%
PMI: 0.55%
Up Front MI: 1.75%
Downpayment Estimate: $8,225
Loan amount: $230,734
Up front mortgage insurance amount: $3,968

  $290  (Principal)
+ $913  (Interest)
+ $237  (Property Tax Estimate)
+ $49  (Hazard Insurance Estimate)
+ $106  (PMI Estimate)
+ $00  (Condo Fees)
- $254  (1st Year Tax Savings Estimate)
-------------------
$1,341 : 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.