11/21/2009 9:19:15 PM
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Townes At Pine Grove

Greenville, SC

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 $10,000 TEMPORARY PRICE REDUCTION available on new contracts for a limited time only!*




Low Maintenance, Garage Townhomes on E. North Street from the $120'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!!

· Townhome plans from $76/sqft

· 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 $120'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: $122,500
Interest Rate: 4.5%
Downpayment: 3.5%
Property Tax Rate: 0.7%
Origination Fee: 1%
Discount Points: 0.875%
Hazard Insurance: 0.25%
PMI: 0.55%
Up Front MI: 1.75%
Downpayment Estimate: $4,288
Loan amount: $120,281
Up front mortgage insurance amount: $2,069

  $158  (Principal)
+ $451  (Interest)
+ $71  (Property Tax Estimate)
+ $26  (Hazard Insurance Estimate)
+ $55  (PMI Estimate)
+ $00  (Condo Fees)
- $125  (1st Year Tax Savings Estimate)
-------------------
$636 : Estimated Monthly Payment