Smyrna, DE
$8,000 Tax Credit for First-Time Buyers, $6,500 for Current Homeowners and Special Ryan Savings for EVERY Buyer... Finished Basement Included! ‡
HOMESITE OF THE MONTH:
143 Pebble Creek Drive
Sienna Homes Includes
-Morning Room
-Full GE Appliance Package
-Finished Basement
-And More!
PRICED TO SELL AT $219,990!*
Thoughtfully designed to accommodate the needs and lifestyles of today’s busy homebuyers, Hickory Hollow invites you to enjoy an amenity-rich lifestyle within easy reach of everything. This lovely community in Kent County boasts stunning single-family homes and an upscale neighborhood poolhouse and pool, all within minutes of Route 1. Come and see why Hickory Hollow is one of Smyrna Delaware's best new home communities.
• Located in Smyrna, DE
• Up to 5 bedrooms and up to 3 ½ bathrooms
• Up to 3,700 square feet
• 1 or 2-car garage
• Stunning single-family homes that feature spacious floorplans with tremendous square foot value.
• Custom options include a morning room, finished basement, luxury owner’s bathroom, bay windows and a fireplace
• Community amenities include a private poolhouse and sparkling pool
• Minutes from Route 1
Directions:
From Rt. 1
-Take exit 114 to Rt. 13 South
-Proceed to the 2nd traffic light and make a right onto Brenford Road
-Hickory Hollow will come up on your 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 $190'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: $199,990
Interest Rate: 4.75%
Downpayment: 3.5%
Property Tax Rate: 0.5%
Origination Fee: 1%
Discount Points: 0%
Hazard Insurance: 0.21%
PMI: 0.55%
Up Front MI: 1.75%
Downpayment Estimate: $7,000
Loan amount: $196,368
Up front mortgage insurance amount: $3,377
$247 (Principal)
+ $777 (Interest)
+ $83 (Property Tax Estimate)
+ $35 (Hazard Insurance Estimate)
+ $90 (PMI Estimate)
+ $00 (Condo Fees)
- $216 (1st Year Tax Savings Estimate)
-------------------
$1,017 : 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.