Smyrna, DE
$8,000 Tax Credit for First-Time Buyers, $6,500 for Current Homeowners* and Special Ryan Savings for EVERY Buyer!** ‡
HOMESITE OF THE MONTH:
Homesite #149
Milan Model (base price $239,990)
-Elevation A with 4 Bedrooms, 2.5 Baths and 2-Car Garage
-3,245 sq. ft. of Living Space Included
-Finished Basement
-Morning Room
-2nd Floor Laundry Room
-Double Walk-in Closets in Owner's Suite
-Eat-In Kitchen with included Breakfast Bar
-9' First Floor Ceilings
-GE Appliance Package
TOTAL SALES PRICE: $264,740
TOTAL SAVINGS: -($29,750)*
_________________________________
NEW SALES PRICE: $234,990!
Call Bill Today For Details (302) 653-0529.
Twin Willows invites you to enjoy a tranquil, picturesque setting that also boasts incredible convenience. This lovely community of spacious single-family homes is nestled into the charming countryside, yet Routes 1 and 13 are just minutes away. Nearby Middletown and Dover provide countless options for shopping, dining and everyday conveniences.
• Located in Smyrna, DE
• Up to 4 bedrooms and up to 3 ½ bathrooms
• 2-car garage
• Spacious single-family homes with gracious appointments, meticulous craftsmanship and today’s most sought-after features
• Custom options include a brick facade, morning room, gourmet kitchen, finished basement, hardwood and ceramic floor and luxury bathrooms
• Lovely community in quiet, countryside setting with professional landscaping
• Close to shopping, dining and everyday conveniences in Middletown and Dover
• Easy access to Routes 1, 13 and other commuter routes
*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. **Savings vary by community. Available on new sales contracts through 11/30/09. Prior sales and homes under construction excluded. Cannot be combined with any other offers. Must use NVR Mortgage, Inc. to receive incentive. Prices, offers and financing subject to change without notice. See a Sales and Marketing Representative for details ***Home sale contingency program for move-up buyers available for a limited time when financing through NVR Mortgage, Inc. See a Sales and Marketing Representative for details.
Directions:
Directions to Sales Office (Hickory Hollow):
From Rt. 1
-Take exit 114 to Rt. 13 South
-Proceed to the 2nd traffic light and make a right onto Brenford Road
-Hickory Hollow will come up on your right.
Directions to Community (No Sales Office On-Site)
From Rt 1
-Take exit 114 to Rt 13 South
-Proceed 2 miles to a left on Twin Willows Rd.
-Make a right into community onto Kirkhaven Drive
-Proceed to model on right.
Community Address: 15 West Redbrook Place Smyrna, DE 19977
‡ 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 4.5%, an APR not to exceed 5.247%, 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 0.875 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 11/20/2009 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: 4.5%
Downpayment: 3.5%
Property Tax Rate: 0.52%
Origination Fee: 1%
Discount Points: 0.875%
Hazard Insurance: 0.21%
PMI: 0.55%
Up Front MI: 1.75%
Downpayment Estimate: $7,000
Loan amount: $196,368
Up front mortgage insurance amount: $3,377
$259 (Principal)
+ $736 (Interest)
+ $87 (Property Tax Estimate)
+ $35 (Hazard Insurance Estimate)
+ $90 (PMI Estimate)
+ $00 (Condo Fees)
- $205 (1st Year Tax Savings Estimate)
-------------------
$1,002 : Estimated Monthly Payment