RENO, NV—Due to the tremendous response in May, Lennar is continuing to offer their exceptional bundle of money-saving offers throughout June. With below-market interest rates, huge tax credits, and some of the lowest pricing in over a decade, Lennar is presenting homebuyers with the most savings possible so they won’t snooze and lose out on these incredible offers.
“Owning a home has often been referred to as part of the ‘American dream,’ but with these extraordinary offers and savings, Lennar is making it a dream come true,” said Mike Branson, Lennar Division President. “The deadlines for tax credits are looming and the historically-
The federal tax credit††‡ worth up to $8,000 for first-time homebuyers has only been approved until the end of the year. If homebuyers snooze too long, they may just lose out on this and other money-saving offers. Universal American Mortgage Company, Lennar’s preferred lender, is offering for only a limited time some of the company’s lowest interest rates.
Right now, buyers can take advantage of UAMC’s continued incredible financing with 4.5% (4.97% APR) fixed for life, plus receive financial aid on partial or full closing costs†. Purchasing a home at such a reduced interest rate provides homebuyers with long-term savings by helping to lower the total amount due in interest and reducing the monthly payment.
“While others keep waiting to purchase a home, you could be living in the home of your dreams today,” said Branson. “We invite all homebuyers to stop by one of our communities and see why more than 700,000 families across the country have trusted Lennar to build their home.”
With more than ten different floor plans and list prices ranging from the upper $100,000’s to the low $300,000’s, Lennar offers a variety of luxurious homes at a price that best suits a homebuyer’s needs. Whether conveniently located in Reno or Sparks, homebuyers have a wide selection of lifestyles when choosing their home.
Three of Lennar’s communities, Horizon, Meridian, and Saddlebrook, are located within easy access to Reno and Sparks. Lennar’s Woodrush community offers a rural lifestyle and is only 15 minutes away from Carson City. In addition, recreational area opportunities abound near each of Lennar’s communities, only a short driving distance to the outdoor adventures at Lake Tahoe, the Sierras and many other surrounding areas.
Celebrating its 55th anniversary, Lennar has grown to become one of the nation’s leading homebuilders. With hundreds of Communities nationwide and homes designed for first-time, move-up and luxury homebuyers, Lennar has long distinguished itself by simply including everything as standard under its motto, “Everything You Want, Everything You Need, That’s the Logic of Lennar®.”
Welcome Home Centers are open 10 a.m. to 2:30 p.m. Mondays and 10 a.m. to 6 p.m. Tuesdays through Sundays. For a complete list of Communities in your area, call 866-759-5731.
For further information about the Federal tax credit visit FederalHousingTaxCredit.com.
Buyers are encouraged to speak with their tax advisor and check out helpful links and resources on www.LENNAR.com.
††‡ First-time homebuyer is any individual (excluding a non-resident alien) who has not owned a principal residence during the past three years and is purchasing the new home as their primary residence. Lennar cannot provide guarantees of actual savings and does not guarantee the homebuyers’ qualification for the federal tax credit. Tax Credit is subject to eligibility and 3-year ownership requirements. Not tax advice; homebuyers should consult with their tax advisor. Tax laws are subject to change. †Financing offer available on select homes as determined by Lennar, for purchase agreements written by 6/15/09 and closing must occur no later than 7/31/09. Limited funds are available; rates may change or not be available at the time of loan commitment, lock-in or closing if funds are exhausted. Not an offer to enter into an interest rate or discount point agreement and any such agreement may only be made in writing signed by both the borrower and the lender. Specific FHA terms apply and buyer is subject to qualification that includes, but not limited to, a minimum of 3.5% down, a minimum credit score of 620, owner occupancy requirements and/or any changes in investor guidelines or programs. FHA jumbo loans not permitted. Financing offer available only through qualified buyers financing through Universal American Mortgage Company and closing at designated closing agent. Seller will pay closing costs as defined on your Good Faith Estimate, excluding prepaids, subject to seller contribution limits. Offer good for a limited time only. Lennar reserves the right to change or withdraw any offer at any time. Offers, incentives and seller contributions are subject to certain terms, conditions and restrictions, which may include use of designated lenders and closing agents. Prices are subject to change without notice. Stated dimensions and square footage are approximate and should not be used as representation of the home's precise or actual size. Mortgage Banker License #1310 and Mortgage Broker License #1055, 6750 Via Austi Parkway, Suite 130, Las Vegas, NV 89119 (702) 739-7933; 10345 Professional Circle, Suite 120, Reno, NV (775)852-9980.
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