3/18/2010 10:32:06 AM

Water's Edge

Barboursville, VA

Water's Edge Community

School District: Greene County Public Schools

Contact: (434) 990-1995

Location: (Directions)

Hours: Monday 12-6 Tuesday - Friday 10-6 Saturday & Sunday 11-6

Purchase by 3/31/10 and Receive $3,000 Towards Closing Costs! ‡


Create an idyllic life for your family in the heart of Virginia’s Wine Country, just minutes from Charlottesville and Monticello. Here, amid the same rolling green hills that Thomas Jefferson knew and loved, you can write your own personal history. And you can do it in a stunning new Ryan Home, purchased at historically low prices and interest rates.

• Single-family homes with up to 4 bedrooms and 3 1/2 baths
• 2-car garages included
• Full basement
• Up to 3,000 + square feet of living space on 3 levels
• Hardwood foyer and G.E.® appliances included
• Homesites from 1/3 to ½ acre
• Public utilities
• Private, wooded community
• Surrounded by wineries and historic sites
• Just off Rt. 29 – Minutes from Hollymead Town Center and downtown Charlottesville
• Only 3 Miles from NGIC, DIA, GE and less than 4 miles from the UVA Research Park!

Directions:

Currently selling from nearby community Holly Hill:

- Travel Rte. 29 North 5 miles past the Hollymead Town Center (location of Target/Harris Teeter).
- Turn left just past new Dunkin’ Donuts/Best Western plaza
- Community entrance is just off the Southbound side of Rte. 29.
- Model is on the corner.


‡ 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 $210's



Product: 30 Year Conventional
Sales Price: $219,990
Interest Rate: 4.75%
Downpayment: 5%
Property Tax Rate: 1%
Origination Fee: 1%
Discount Points: 0.5%
Hazard Insurance: 0.11%
PMI: 0.89%
Up Front MI: 0%
Downpayment Estimate: $11,000
Loan amount: $208,991
Up front mortgage insurance amount: $00

  $263  (Principal)
+ $827  (Interest)
+ $183  (Property Tax Estimate)
+ $20  (Hazard Insurance Estimate)
+ $155  (PMI Estimate)
+ $00  (Condo Fees)
- $230  (1st Year Tax Savings Estimate)
-------------------
$1,219 : 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.