Avondale, PA
$8,000 Tax Credit for First-Time Buyers, $6,500 for Current Homeowners and Special Ryan Savings for EVERY Buyer! ‡
HOMESITE OF THE MONTH- Savoy Model from $279,990!*
Coming Soon... New Model Home the Verona from the upper $310's!
Who says a luxurious lifestyle can't be an affordable one? Introducing The Preserves at Inniscrone Golf Club, a breathtaking new golf course community featuring single-family homes at the most affordable price in the coveted Avon Grove School District. From the stunning Inniscrone Golf Course and acres of open space to the large homesites and airy, spacious homes, every member of the household will feel indulged. And isn't that what life is all about? Come and see why The Preserves at Inniscrone is one of Southern Chester County's best new home communities.
Directions:
From Route 1
-Take Rt 41 S
-Turn right onto W. State Street
-Veer right at the V in the road, staying on W. State Street
-Stay straight for 1 mile
-Community on left (across from Avon Grove Charter School)
GPS Address: 99 W. State Road, Avondale PA 19311
‡ 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 Low $280'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.
Product: 30 Year FHA
Sales Price: $283,990
Interest Rate: 4.75%
Downpayment: 3.5%
Property Tax Rate: 1.5%
Origination Fee: 1%
Discount Points: 0%
Hazard Insurance: 0.2%
PMI: 0.55%
Up Front MI: 1.75%
Downpayment Estimate: $9,940
Loan amount: $278,846
Up front mortgage insurance amount: $4,796
$351 (Principal)
+ $1,104 (Interest)
+ $355 (Property Tax Estimate)
+ $47 (Hazard Insurance Estimate)
+ $128 (PMI Estimate)
+ $00 (Condo Fees)
- $307 (1st Year Tax Savings Estimate)
-------------------
$1,678 : 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.