Richmond Heights, OH
Tucked away off of Chardon Road in Richmond Heights, The Woods of Richmond offers the best value in the area! With a prime location close to 1-271, Route 2 and downtown Cleveland, this lovely single-family home community offers a number of award-winning home styles and a tranquil setting that includes wooded preserve areas.
• Located in Richmond Heights, OH
• Up to 4 bedrooms and 2 ½ bathrooms
• 2-car garage
• Ranch and 2-story homes available
• Professionally designed exteriors, concrete driveways and full basements
• Custom options include: finished basement, morning room or luxury owner’s bathroom
• Tucked away off Chardon Road in a tranquil setting that includes wooded preserve areas surrounding the homes
• Close to 1-271, Route 2 and downtown Cleveland
Directions:
Please visit the Highland Ridge Model
-Take I-271 to Wilson Mills Road exit
-Head West on Wilson Mills Road to a right on Richmond Road
-Continue on Richmond Road to a left onto Highland Road
-Continue on Highland Road for approximately 1.5 miles. Community is on your left.
Models Available
Starting from the Mid $140's
**Limited time only. Financing based on a 30 Year Conventional loan, with an interest rate of 4.875%, an APR not to exceed 5.621%, 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. 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 3/16/2010 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: $145,990
Interest Rate: 4.875%
Downpayment: 5%
Property Tax Rate: 2.01%
Origination Fee: 1%
Discount Points: 0%
Hazard Insurance: 0.2%
PMI: 0.89%
Up Front MI: 0%
Downpayment Estimate: $7,300
Loan amount: $138,691
Up front mortgage insurance amount: $00
$171 (Principal)
+ $563 (Interest)
+ $245 (Property Tax Estimate)
+ $24 (Hazard Insurance Estimate)
+ $103 (PMI Estimate)
+ $00 (Condo Fees)
- $157 (1st Year Tax Savings Estimate)
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$949 : 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.