3/12/2010 9:24:25 AM

Spring Run

Waynesboro, PA

Spring Run Community

School District: Franklin County Public Schools

Contact: (717) 762-0041

Location: (Directions)

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

Purchase now and receive a Free Morning Room OR $8,000 toward closing cost assistance! ‡


Welcome to one of the area’s best kept secrets! Spring Run enjoys an enviable location in Waynesboro, PA that borders the Maryland state line, enabling homebuyers to save up to $100,000 while living within minutes of everything. This idyllic single-family home community boasts a picturesque, small town setting within minutes of the Valley Mall, Hagerstown, Gettysburg, Ski Liberty and more. Relax with rolling mountain vistas and friendly neighbors, all 30 minutes from Frederick.

• Located in Waynesboro, PA
• Up to 5 bedrooms
• 2-car garage
• Stone and brick fascades available
• Stately single-family homes with elegant appointments, gracious floorplans and today’s most sought-after features
• Scenic ½ acre homesites
• Picturesque family-friendly community with rolling mountain vistas, lamp-lit walking trails and tree-lined fence rows
• Near Waynesboro Country Club, with golf, tennis, swimming and social memberships available
• Abundant outdoor activities at the Appalachian Trail, Ski Liberty and Whitetail Ski Resort
• Convenient to the Valley Mall and Prime Outlets in Gettysburg and Hagerstown
• Located along the Maryland state line, just 30 minutes to Frederick

Directions:

From Frederick:
- Follow I-70 to Rt 66 North toward Smithsburg.
- Continue straight through traffic circle.
- Turn right onto Route 64 at traffic signal.
- Turn right at 4-way stop on Rte 418.
- At traffic signal turn left onto Rte 16 Buchanan Trail East.
- Follow through four stop lights and turn right on N. East Ave.
- Stay straight at stop sign onto Gehr Rd.
- Turn right on Washington Township Blvd.
- Turn left on Mystic Rock Ln.
- Model on right.


‡ 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 5.462%, 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 3/12/2010 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: $199,990
Interest Rate: 4.75%
Downpayment: 3.5%
Property Tax Rate: 1.2%
Origination Fee: 1%
Discount Points: 0.25%
Hazard Insurance: 0.2%
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)
+ $200  (Property Tax Estimate)
+ $33  (Hazard Insurance Estimate)
+ $90  (PMI Estimate)
+ $00  (Condo Fees)
- $216  (1st Year Tax Savings Estimate)
-------------------
$1,132 : 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.