3/19/2010 6:11:57 AM
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Rutland Townes

Hanover, VA

Rutland Townes Community

School District: Hanover County Schools

Contact: (804) 559-2725

Location: (Directions | Map It)

Hours: Monday 12pm-6pm; Tuesday-Friday 10am-6pm; Saturday 10am-5pm; Sunday 11am-6pm;

Introducing a brand new floorplan, THE ODESSA! Please call for details...
HOMESITE SPECIAL:
C-F, The Fairmont, $209,990 with $8,000 in closing cost, Move in May/June & take advantage of the Tax Credit!

When building a new Fairmont, receive a Finshied Rec Room & 1 yrs HOA.. Call to find out more details! ‡



Rutland Townes is proof that wondrous things happen when historic traditions meet modern sensibilities. With its majestic centerpiece being The Rutland House, which has been converted into a community clubhouse, this luxurious neighborhood features low-maintenance garage townhomes complimented by a picturesque lake, swimming pool, walking trails and a pedestrian-friendly focus all in a HHHunt Master Planned Community. Though convenient to I-295 and only 12 minutes to downtown Richmond, community amenities will also include shopping, grocery, dining, daycare and offices in the future. Come and see why Rutland is one of Hanover County’s best new home communities. Come and see why West Broad Village is one of Henrico County’s best new home communities.

• Located in the Atlee area Hanover, VA
• Up to 4 Bedrooms and 3 Full and 2 Half bathrooms
• 1-car garage
• Spacious luxury townhomes with open, airy floorplans, finished recreation room and formal living and dining areas
• Low maintenance lifestyle
• Pedestrian-friendly environment designed with well-lit sidewalks, lush landscaping, a picturesque lake and walking trails woven throughout natural areas
• Clubhouse, large, recreational swimming pool and playground area
• Future retail shopping, a full-service grocery, restaurants, a daycare facility and office park planned
• Convenient location off I-295 and within minutes of downtown Richmond

Directions:

-From I-295, take exit 41 (Route 301 N.).
-Continue on 301 to the fourth light.
-Turn left into community.
-Go straight and then turn right at the model home entrance.

-From I-95 take exit 82, US-301N/VA-2N
-Turn Left onto US-301N/VA-2N - Chamberlayne Rd.
-Turn Left onto Atlee Road
-Turn Right to Model

GPS Address: 8199 Belton Circle Mechanicville VA, 23116


‡ 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 $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 5.439%, 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: $199,990
Interest Rate: 4.75%
Downpayment: 3.5%
Property Tax Rate: 0.81%
Origination Fee: 1%
Discount Points: 0%
Hazard Insurance: 0.11%
PMI: 0.55%
Up Front MI: 1.75%
Downpayment Estimate: $7,000
Loan amount: $196,368
Up front mortgage insurance amount: $3,377

  $247  (Principal)
+ $777  (Interest)
+ $135  (Property Tax Estimate)
+ $18  (Hazard Insurance Estimate)
+ $90  (PMI Estimate)
+ $00  (Condo Fees)
- $216  (1st Year Tax Savings Estimate)
-------------------
$1,052 : 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.