3/20/2010 3:38:29 AM
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Shale Creek Luxury Single-Family Homes

Medina, OH

Shale Creek Luxury Single-Family Homes Community

School District: Buckeye School District

Contact: (330) 723-5779

Location: (Directions)

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


Forget going away on vacation, now you can live it every day! Shale Creek is a breathtaking golf course community that offers luxury single-family homes and high-end living, without the high price tag. Enjoy a clubhouse, fitness center, pool, world-class 18-hole golf course and a prime location with easy access to commuter routes, shopping and dining.

• Located in Medina, OH
• Up to 5 bedrooms
• Custom options include: morning room, sunroom, finished basement and more
• 18 holes of world-class golf with option of course usage at two other nearby facilities
• York Township’s low tax rate
• State-of-the-art clubhouse, fitness center and pool
• Close to Interstates 71 and Route 3 for easy access to shopping, dining and more

Directions:

-Take I-71 to Route 3. Continue West to an immediate right on Hamilton Road.
-Proceed on Hamilton Road for approximately 5 miles.
- Turn left on Abbeyville Road. Community is straight ahead on the left

For Navigation Use:
3040 Seven Bridges Road
Medina, OH 44256

Models Available

Starting from the Upper $130's

**Limited time only. Financing based on a 30 Year Conventional loan, with an interest rate of 5.625%, which includes a 0.75% condominium premium, an APR not to exceed 6.465%, and 5% down payment. Monthly payment assumes the base sales price of the community which includes principal, interest, estimated taxes, insurance 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. Monthly payment includes condominium 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 95%. 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.

Product: 30 Year Conventional
Sales Price: $139,990
Interest Rate: 5.625%
Downpayment: 5%
Property Tax Rate: 1.26%
Origination Fee: 1%
Discount Points: 0%
Hazard Insurance: 0.2%
PMI: 0.89%
Up Front MI: 0%
Downpayment Estimate: $7,000
Loan amount: $132,991
Up front mortgage insurance amount: $00

  $142  (Principal)
+ $623  (Interest)
+ $147  (Property Tax Estimate)
+ $23  (Hazard Insurance Estimate)
+ $99  (PMI Estimate)
+ $140  (Condo Fees)
- $174  (1st Year Tax Savings Estimate)
-------------------
$1,001 : 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.