Richmond, VA
Free Morning Room or $8,000 in Closing Cost included for a limited time! Homesite Special - The Jasmine, Only $79 per sq/ft at $271,990! Many options included and $5K in closing costs! Call for details!
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Hillcrest Farms introduces homebuyers to a picturesque community where every want and need has been considered and accommodated. Spacious single-family homes offer elegant details and sumptuous comfort, while a highly convenient location with easy access to I-295 and I-64 enhances the high quality of life. The setting, with rolling green areas, a charming pond and private, cul-de-sac homesites, instills a true sense of tranquility. Come and see why Hillcrest Farms is one of Henrico County’s best new home communities.
• Located in Henrico County, VA
• Up to 6 bedrooms and up to 5 bathrooms
• Up to 4,550 square feet
• Up to 3-car garage
• BASEMENT Homesites Available!
• Stately single-family homes with luxury owner’s bathroom
• Custom options include: finished 3rd level, gourmet kitchen with double ovens, granite and stainless steel appliances and bonus room
• Cul-de-sac homesites available, all with fully sodded front and side lawns
• Tranquil community atmosphere with plush green common areas, picnic tables and aerated pond
• Easy access - just 1.7 miles to I-295 and 5 miles to I-64
Directions:
Please visit our sales center at Cedar Run:
Take I-295 to Exit 34 B (Creighton Rd. W.) Go 1.5 mi. & take left at light onto Cedar Fork. Take a right at the Second Entrance onto Cedar Commons Road into the Cedar Run Community. Our Venice Model Is Straight Ahead on Left.
GPS Address: 3713 Cedar Commons Road
Henrico, VA 23223
‡ 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 $220'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 3/15/2010 and subject to change without notice. Prices, offers and financing are subject to change without notice. See sales representative for details. NVR Mortgage Finance, Inc. is licensed by the Virginia State Corporation Commission as mortgage lender and broker, MC-528
Product: 30 Year FHA
Sales Price: $229,990
Interest Rate: 4.75%
Downpayment: 3.5%
Property Tax Rate: 0.87%
Origination Fee: 1%
Discount Points: 0.25%
Hazard Insurance: 0.11%
PMI: 0.55%
Up Front MI: 1.75%
Downpayment Estimate: $8,050
Loan amount: $225,824
Up front mortgage insurance amount: $3,884
$284 (Principal)
+ $894 (Interest)
+ $167 (Property Tax Estimate)
+ $21 (Hazard Insurance Estimate)
+ $104 (PMI Estimate)
+ $00 (Condo Fees)
- $249 (1st Year Tax Savings Estimate)
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$1,221 : 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.