Smyrna, DE
$8,000 Tax Credit for First-Time Buyers, $6,500 for Current Homeowners and Special Ryan Savings for EVERY Buyer... Finished Basement Included! ‡
HOMESITE OF THE MONTH
36 West Braeburn Drive
Milan Model
-Elevation A with 4 Bedrooms and 2.5 Baths and 2-Car Garage
-3,245 Square Feet of Living Space Included
-Finished Basement
-Morning Room
-2nd Floor Laundry Room
-Double Walk-In Closets in Owner's Suite
-GE Appliance Package
-Eat-in Kitchen with included Breakfast Bar
-9' First Floor Ceilings with 42" Cabinets
BASE SALES PRICE: $239,990
TOTAL SALES PRICE: $264,740
TOTAL SAVINGS: -($24,750)*
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NEW SALES PRICE: $239,990!
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. Come and see why Twin Willows is one of Smyrna Delaware's best new home communities.
• Located in Smyrna, DE
• Up to 5 bedrooms and up to 3 ½ bathrooms
• 1 or 2-car garage
• Stunning single-family homes that feature spacious floorplans with a tremendous square foot value.
• Custom options include a morning room, finished basement, luxury owner's bathroom, bay windows and a fireplace.
• Close to shopping, dining and everyday conveniences in Middletown, Smyrna and Dover
• Minutes from Routes 1 and 13.
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 4.75%, 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: $199,990
Interest Rate: 4.75%
Downpayment: 3.5%
Property Tax Rate: 0.52%
Origination Fee: 1%
Discount Points: 0%
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
$247 (Principal)
+ $777 (Interest)
+ $87 (Property Tax Estimate)
+ $35 (Hazard Insurance Estimate)
+ $90 (PMI Estimate)
+ $00 (Condo Fees)
- $216 (1st Year Tax Savings Estimate)
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$1,020 : 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.