3/15/2010 9:14:53 AM
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Orchard Trail

Avon, OH

Orchard Trail Community

School District: Avon School District

Contact: (440) 934-0495
(440) 934-0496

Location: (Directions)

Hours: Mon. 12-7pm Tues. – Thrs. 11-7pm Fri. - Sun. 11-6pm


Striking the perfect balance between convenience and charm is Orchard Trail. Located in desirable Avon, this picturesque single-family home community is just minutes from I-90, Cocker Park, Avon Commons, and a variety of entertainment activities. Enjoy the serenity of meticulously crafted homes on very spacious and private home sites including landscaped green space flanked by sidewalks, walking trails, wooded areas and ponds.

• Located in Avon, OH
• Up to 4 bedrooms
• 2-car garage
• Basement
• Custom options include: finished basement, study, home office, luxury owner’s bath and more
• Charming single-family home community of landscaped cul-de-sacs, sidewalks and walking trails
• Plush wooded areas, community fountains and tranquil ponds add to the serene setting
• Just minutes from I-90, Cocker Park, Avon Commons and a variety of entertainment options

Directions:

For information on Orchard Trail, please visit our "Stonebridge Creek" community:

-From I-90, take exit 151 (Rt. 611).
-Head south on Rt. 611 to a right onto Detroit Rd.
-Turn right at 1st light onto French Creek Rd.
-Community is 1.1 miles on the right

For Navigation Use:
38520 Thorton Lane
Avon, OH 44011

Models Available

Starting from the Mid $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 5.462%, 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.

Product: 30 Year FHA
Sales Price: $195,990
Interest Rate: 4.75%
Downpayment: 3.5%
Property Tax Rate: 1.68%
Origination Fee: 1%
Discount Points: 0.25%
Hazard Insurance: 0.2%
PMI: 0.55%
Up Front MI: 1.75%
Downpayment Estimate: $6,860
Loan amount: $192,440
Up front mortgage insurance amount: $3,310

  $242  (Principal)
+ $762  (Interest)
+ $274  (Property Tax Estimate)
+ $33  (Hazard Insurance Estimate)
+ $88  (PMI Estimate)
+ $00  (Condo Fees)
- $212  (1st Year Tax Savings Estimate)
-------------------
$1,187 : 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.