Mechanicsville, VA
Receive up to $2,500 In Closing Costs or Options!
Call for Details!
‡
Introducing The Reserve at Bell Creek offering a phenomenal value in a desirable Hanover location! A part of the Bell Creek community, The Reserve will feature spacious townhomes with access to all of the convenience and amenities of this established location. Located less than a mile from a grocery store, restaurants, and more shopping! Less than 2 miles from I-295 and 5 minutes to Memorial Regional Hospital enhances this already ideal location. Community amenities include a pool, clubhouse, tennis courts, park with walking and jogging trails, and a playground. Come and see why The Reserve at Bell creek is one of Hanover County’s best new home communities.
• Located in Hanover, VA
• 3 bedrooms and 2 ½ bathrooms
• 1-car garage
• Spacious luxury townhomes with open, airy floorplans up to 2100 sq. ft.
• Convenience is paramount less than 1 mile from shopping & dining
• Amenities include community clubhouse, swimming pool, playground area, tennis courts and walking & jogging trails
• Located less than 2 miles off of I-295 and within 5 minutes from Memorial Regional Hospital.
• For additional community information, please visit www.bellcreek.com
Directions:
-Take I-295 to Pole Green Road Exit.
-Merge onto Pole Green Road and go 1.2 miles to a left onto Bell Creek Road.
-Go .9 miles on Bell Creek Road to stop sign and make left onto Verdi Lane.
-Cont. .1 mile to right onto Havelock Ln
-Turn Left onto Hardtack Lane and model is ahead 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 $180'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: $187,990
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: $6,580
Loan amount: $184,585
Up front mortgage insurance amount: $3,175
$232 (Principal)
+ $731 (Interest)
+ $127 (Property Tax Estimate)
+ $17 (Hazard Insurance Estimate)
+ $85 (PMI Estimate)
+ $00 (Condo Fees)
- $203 (1st Year Tax Savings Estimate)
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$988 : 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.