3/20/2010 6:16:20 AM
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Townes At Pine Grove

Greenville, SC

Townes At Pine Grove Community

School District: Greenville County

Contact: (864) 268-4206

Location: (Directions)

Hours: By Appointment Only - Please call 864-268-4206.

Prices shown for this community reflect a $12,000 TEMPORARY PRICE REDUCTION available on new contracts for a limited time only!*




Maintenance-Free Townhomes, Close-In Location from $110’s!

Introducing Ryan Homes at the Townes at Pine Grove, offering an exceptional value in a highly convenient and sought-after location just 4.3 miles from Downtown Greenville! In the popular East North Street area, Pine Grove is centrally located within 5 minutes of Haywood and Pelham Roads, I-385 access, and the Haywood Mall. Each well-designed and spacious home is free of exterior maintenance and yard work! Choose from two distinct floorplans, with the owner’s suite on the main level available. There are numerous ways to personalize your home providing you the opportunity to create just what you are looking for. The completed amenities include a pool and cabana. Enjoy life to the fullest with the stability of homeownership, the ease of townhome living, and the freedom to enjoy the best that Greenville has to offer! This is a limited opportunity, so don’t miss your chance to be part of Pine Grove.

· ONLY 4.3 MILES TO DOWNTOWN GREENVILLE!!

· Spacious, open floorplans ranging from 1440 - 2400 sqft

· Up to 4 bedrooms and 3.5 baths

· No exterior home maintenance or lawn care

· Owner’s Suite on Main level available

· Sought after and highly convenient East North Street location

· Customized Options including loft, finished basement, sunroom, plus more

Directions:

-From I-385
-Take Exit 39 (Haywood Road) North, away from the Mall.
-Travel 1 ½ miles on Haywood Road
-Right on E. North Street for ½ mile
-Right into Townes at Pine Grove


‡ 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 $110's

**Limited time only. Financing based on a 30 Year FHA loan, with an interest rate of 4.75%, an APR not to exceed 5.44%, 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: $114,500
Interest Rate: 4.75%
Downpayment: 3.5%
Property Tax Rate: 0.7%
Origination Fee: 1%
Discount Points: 0%
Hazard Insurance: 0.25%
PMI: 0.55%
Up Front MI: 1.75%
Downpayment Estimate: $4,008
Loan amount: $112,426
Up front mortgage insurance amount: $1,934

  $141  (Principal)
+ $445  (Interest)
+ $67  (Property Tax Estimate)
+ $24  (Hazard Insurance Estimate)
+ $52  (PMI Estimate)
+ $00  (Condo Fees)
- $124  (1st Year Tax Savings Estimate)
-------------------
$605 : 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.