9/3/2010 4:46:15 AM

Spring Creek

Gordonsville, VA

Spring Creek Community

School District: Louisa County Schools

Contact: (434) 531-0583

Location: (Directions)

Hours: Mon. 12pm-6pm, Tues.- Fri. 10am-6pm, Sat. & Sun. 11am-6pm

GRAND OPENING!!

Stop In or Call Today for NEW PRICING and Exciting New Incentives for SEPTEMBER!! ‡



It’s no surprise that Spring Creek has received both local and national recognition. This 1,200-acre master-planned, gated golf course community has elevated luxury living to new heights. Imagine a breathtaking PGA golf course, swimming pool, tennis courts, fitness center, sports complex, tot lot and more in your backyard. That’s just the beginning, and in a location with easy access to entertainment, shopping, fine dining and the University of Virginia.

• Located just 15 minutes East of Charlottesville just off of Interstate 64.
• Up to 5 bedrooms and 4 ½ bathrooms
• Up to 3,958 square feet
• 2-car garages
• 1st floor owner’s suite, full basement, finished recreation room, 9-foot ceilings on main level and more
• Choose from private wooded homesites, a gently rolling yard with walk-out terrace or intimate cul-de-sac location
• Gated community with 1,200 acres of pristine land
• Spring Creek Golf Club has received national recognition for its breathtaking 18-hole PGA course
• Swimming pool, tennis courts, fitness center, sports complex, tot lot and more
• Easy access to entertainment, shopping, fine dining and the University of Virginia
• Close proximity to Charlottesville and Richmond


Directions:

BY APPOINTMENT ONLY

From Charlottesville or Richmond:

-Take I-64 to exit 136 (Gordonsville/Palmyra)
-Follow 15N for 1 mile to the 2nd left into Spring Creek
-Bear right after 1st roundabout
-Follow Bear Island Pkwy .8 miles
-Milan Model straight ahead

For Navigation: 20 Branch Lane, Gordonsville, VA from there:
- Follow Bear Island Parkway for .8 miles.
- Milan Model straight ahead.


‡ 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

**Limited time only. Financing based on a 30 Year FHA loan, with an interest rate of 4.25%, an APR not to exceed 4.82%, 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. The financing used in this example is based on a conforming loan product and applies only to loan amounts that are $417,000 or less. Loan amounts over $417,000 are subject to additional costs/pricing. Certain restrictions may apply. Rates effective 9/3/2010 and subject to change without notice. Prices, offers and financing are subject to change without notice. See sales representative for details. NVR Mortgage Finance, Inc. is licensed by the Virginia State Corporation Commission as mortgage lender and broker, MC-528

Product: 30 Year FHA
Sales Price: $219,990
Interest Rate: 4.25%
Downpayment: 3.5%
Property Tax Rate: 0.62%
Origination Fee: 1%
Discount Points: -0.875%
Hazard Insurance: 0.11%
PMI: 0.55%
Up Front MI: 1.75%
Downpayment Estimate: $7,700
Loan amount: $216,005
Up front mortgage insurance amount: $3,715

  $298  (Principal)
+ $765  (Interest)
+ $114  (Property Tax Estimate)
+ $20  (Hazard Insurance Estimate)
+ $99  (PMI Estimate)
+ $00  (Condo Fees)
- $213  (1st Year Tax Savings Estimate)
-------------------
$1,083 : Estimated Monthly Payment