Ruther Glen, VA
GRAND OPENING -HOMESITE SPECIAL!!
$5,000 towards Closing Costs (subject to the use of NVRM) ‡
Ladysmith Village offers the most affordable homes on the I-95 corridor, in an amenity filled community, within easy reach of Richmond and Fredericksburg! Take a stroll on the walking & hiking trails, enjoy a relaxing day at eight-lane pool with beach entry and adjacent kiddy pool, visit the Resident's Center with fitness room, or take part in one of the many activities held in the Resident's Center Conference and Craft Rooms. Within the community, you will find a public library, banquet space, media facilities, a barbeque area, amphitheater, South River Sanctuary, and an Elementary School. Everything you want, right outside your door!
* Each home has distinctive Architectural Features including front porches, shutter hooks, and brick water tables.
* Community Amenities now open!
* Only minutes from I-95
* Convenient to Fredericksburg and Richmond
* 3 bedrooms, up to 2 1/2 baths
* Up to 1,484 sq. ft. spacious living
* Abundant community amenities including walking trails, fitness center, pool, amphitheatre, barbeque area.
* In community features such as public library, conference rooms, elementary school, banquet space, and media facilities.
* Visit www.ladysmithvillage.com for additional community information
Directions:
-Take I-95 to Exit 110 (Ladysmith).
-Make a right onto Ladysmith Road and proceed 0.8 miles.
-Make a right onto Jefferson Davis Highway (Route 1) and drive 0.6 miles.
-Turn left into the community onto Clara Smith Street.
-Proceed 0.3 miles and the Model Home will be on the left-hand side.
For Navigaton: 7232 Clara Smith St.
Ruther Glen, VA 22546
‡ 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 Mid $140's
Decorated Model
**Limited time only. Financing based on a 30 Year FHA loan, with an interest rate of 4.75%, an APR not to exceed 5.44%, 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. 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: $145,990
Interest Rate: 4.75%
Downpayment: 3.5%
Property Tax Rate: 0.53%
Origination Fee: 1%
Discount Points: 0%
Hazard Insurance: 0.11%
PMI: 0.55%
Up Front MI: 1.75%
Downpayment Estimate: $5,110
Loan amount: $143,346
Up front mortgage insurance amount: $2,465
$180 (Principal)
+ $567 (Interest)
+ $64 (Property Tax Estimate)
+ $13 (Hazard Insurance Estimate)
+ $66 (PMI Estimate)
+ $00 (Condo Fees)
- $158 (1st Year Tax Savings Estimate)
-------------------
$734 : 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.