Richmond, VA
Receive $8,000 in Closing Costs or Options! Welcome Ft. Lee BRAC! We're right off I-295, only 22.5 miles away! Ask about our $1,500 Military Bonus! Homesite Special - The Sienna, only $211,990 w/ $5K towards closing costs! Partial Brick Front, Side Enty Garage, Upgraded Cabinets and more. Call for details!
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In Kensington Meadows, an affordable, yet luxurious community from Ryan Homes, value comes built into every home. Each carefully crafted single-family home offers open, airy floorplans, designed to complement the busy lifestyles of today’s families. The neighborhood itself has been thoughtfully planned as well with a tot lot and playing field surrounded by meticulously landscaped green open spaces. Come and see why Kensington Meadows is one of Henrico County’s best new home communities.
• Up to five spacious bedrooms
• 2 1/2 – 3 1/2 bathrooms
• 2-car garage
• Single family homes starting at 1,650 square feet of innovative living space
• Convenient location just miles from minutes from I-295 and I-64
• Sodded front yard
• Community features include tot lots, playing field and open green spaces
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 $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. 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: $198,990
Interest Rate: 4.75%
Downpayment: 3.5%
Property Tax Rate: 0.87%
Origination Fee: 1%
Discount Points: 0%
Hazard Insurance: 0.11%
PMI: 0.55%
Up Front MI: 1.75%
Downpayment Estimate: $6,965
Loan amount: $195,386
Up front mortgage insurance amount: $3,360
$246 (Principal)
+ $773 (Interest)
+ $144 (Property Tax Estimate)
+ $18 (Hazard Insurance Estimate)
+ $90 (PMI Estimate)
+ $00 (Condo Fees)
- $215 (1st Year Tax Savings Estimate)
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$1,056 : 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.