3/20/2010 2:29:59 PM
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Legacy At Gateway

Bel Air, MD

Legacy At Gateway Community

School District: N/A - 55 & Better Lifestyle Community

Contact: (410) 420-9653

Location: (Directions)

Hours: Monday 12-6, Tuesday - Friday 10-6, Saturday & Sunday 11-6

WINTER SAVINGS! $2,500 Towards Options! ‡


The very best value in active adult living comes to Bel Air in Legacy at Gateway, a new community of elegant condominium homes for those 55 or better. 70 innovatively designed condominium homes boast open, airy floorplans. The low-maintenance nature of these designs frees residents up to enjoy all that the ultra-convenient location has to offer, including shopping and dining at the nearby Harford Mall. Health care facilities and Rt. 24, Rt. 1, & I-95 are also close at hand. The community itself boasts the Ma & Pa Trail for hiking and biking, as well as a stately entry monument as you drive into the community.

• Located in Bel Air, MD
• 2 bedrooms
• 2 full baths
• Up to 1,400 square feet of living space
• Timberlake® kitchen cabinetry
• Moen® faucet fixtures
• Balcony with composite decking or patio
• Brick and vinyl siding front
• Professionally designed landscaping
• Spacious sunroom with door to balcony or patio
• Near the Harford Mall, health care facilities and commuter routes

Directions:

-I-95 to Exit 77B (MD-24N) towards Bel Air.
-Continue past Harford Mall and turn left onto Boulton Street.
-Turn right onto Gateway Drive.
-Follow to end and follow signs to model homes.


‡ 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 $180's



Product: 30 Year Conventional
Sales Price: $184,990
Interest Rate: 5.625%
Downpayment: 5%
Property Tax Rate: 1.194%
Origination Fee: 1%
Discount Points: 0%
Hazard Insurance: 0.14%
PMI: 0.89%
Up Front MI: 0%
Downpayment Estimate: $9,250
Loan amount: $175,741
Up front mortgage insurance amount: $00

  $188  (Principal)
+ $824  (Interest)
+ $184  (Property Tax Estimate)
+ $22  (Hazard Insurance Estimate)
+ $130  (PMI Estimate)
+ $00  (Condo Fees)
- $229  (1st Year Tax Savings Estimate)
-------------------
$1,118 : 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.