3/9/2010 4:01:41 PM
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Long Neck Shores

Millsboro, DE

Long Neck Shores Community

School District: Indian River School District

Contact: (302) 947-2777

Location: (Directions)

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

$8,000 Tax Credit for First-Time Buyers, $6,500 for Current Homeowners and Special Ryan Savings for EVERY Buyer! and Special Ryan Savings for EVERY Buyer! ‡


Wooded And Full Basement Homesites Now Available In Phase II!

Long Neck Shores presents single-family living at its best! This amenity-rich community boasts a picturesque, wooded setting just 3 miles from Rehoboth Bay. Enjoy an unrivaled quality of life within a neighborhood that offers a town center, swimming pool, fitness center, gazebo, ponds with fountains and more. A central location on Route 24 between Route 1 and Route 113 puts downtown Lewes and Rehoboth just 20 minutes away, while boating and fishing on the Bay are moments from home.

• Located in Millsboro, DE
• Up to 5 bedrooms and 3 bathrooms
• 2-car garage
• Partial stone front included
• Distinctive single-family homes featuring ranch and first floor owner's suites for a low-maintenance lifestyle
• Custom options include a morning room, bonus room, luxury bathroom and gourmet kitchen
• Homesites of 1/5 acre on tree-lined cul-de-sacs
• Picturesque community with stone entry, guard house, gazebo, pond with fountains, partially wooded and open landscaped areas
• On-site amenities include a swimming pool, bathhouse, fitness center and town center
• Just 3 miles from Rehoboth Bay
• Central location on Route 24, between Routes 1 and 113
• 20 minutes from the shopping, dining, entertainment and beaches of Lewes and Rehoboth

*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. **Savings vary by community. Available on new sales contracts through 12/31/09. Prior sales and homes under construction excluded. Cannot be combined with any other offers. Must use NVR Mortgage, Inc. to receive incentive. Prices, offers and financing subject to change without notice. See a Sales and Marketing Representative for details.

Directions:

From Rte 1
-Take Rte 24 W for approx. 7 mi.
-Turn left on Bay Farm Rd.
-Proceed 1 mi. turn left into community entrance
-Continue straight and follow circle around clubhouse. Model home is straight ahead.

Address: 26314 Timbercreek Lane Millsboro, DE 19966


‡ 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 $230's



Product: 30 Year Conventional
Sales Price: $235,990
Interest Rate: 4.875%
Downpayment: 5%
Property Tax Rate: 0.6%
Origination Fee: 1%
Discount Points: 0%
Hazard Insurance: 0.21%
PMI: 0.89%
Up Front MI: 0%
Downpayment Estimate: $11,800
Loan amount: $224,191
Up front mortgage insurance amount: $00

  $276  (Principal)
+ $911  (Interest)
+ $118  (Property Tax Estimate)
+ $41  (Hazard Insurance Estimate)
+ $166  (PMI Estimate)
+ $00  (Condo Fees)
- $253  (1st Year Tax Savings Estimate)
-------------------
$1,259 : 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.