3/20/2010 6:18:11 PM

Parklands

Gaithersburg, MD

Parklands Community

School District: Montgomery County Public Schools

Contact: (240) 631-9428

Location: (Directions)

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

Ask about our Value Packages! ‡


Welcome to Parklands — where value and style coexist perfectly. Discover spacious, 2-level townhome condominium homes with an upscale and urban design. Tucked away in a wooded enclave, these luxury homes enjoy a tranquil setting, yet are just minutes away from I-270, the MARC train and the Shady Grove Metro. Dining, shopping and entertainment are nearby at the Rio at Washingtonian Center.

• Townhome condominiums in a highly convenient Montgomery County location
• Located in Gaithersburg, MD
• 3 bedrooms and 2 ½ baths
• 2 finished levels
• 1-car garage
• Future swimming pool and walking trails
• Close to shopping, dining and entertainment
• Convenient to I-270, Shady Grove Metro, and the MARC train

Directions:

- Take I-270 N to Exit 10 (Clopper Rd).
- Make a Right off the exit onto West Diamond Avenue.
- Crossover Quince Orchard Rd and make a Right at the third light on West Watkins Mill Rd.
- Follow road to our Sales Center.


‡ 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 $290's



Product: 30 Year Conventional
Sales Price: $299,990
Interest Rate: 4.875%
Downpayment: 5%
Property Tax Rate: 1.2%
Origination Fee: 1%
Discount Points: 0%
Hazard Insurance: 0.14%
PMI: 0.89%
Up Front MI: 0%
Downpayment Estimate: $15,000
Loan amount: $284,991
Up front mortgage insurance amount: $00

  $350  (Principal)
+ $1,158  (Interest)
+ $300  (Property Tax Estimate)
+ $35  (Hazard Insurance Estimate)
+ $211  (PMI Estimate)
+ $00  (Condo Fees)
- $322  (1st Year Tax Savings Estimate)
-------------------
$1,733 : 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.