Lennar Measures Affordability By Offering Special Financing Through Uamc Of Ca In Sacramento

July 21, 2009 - PRLog -- SACRAMENTO, CA— Lennar is taking every measure to make their top quality homes affordable for everyday homebuyers. With a federal tax credit worth up to $8,000, long-term savings through Lennar’s unique energy-efficient solar power system, all upgraded amenities included as standard and excellent financing offers through Universal American Mortgage Company of California, owning a Lennar home has become a dream within reach. With these limited-time financing offers and special incentives, homebuyers can measure up with a Lennar home without breaking the bank. It’s the financing opportunity homebuyers have been waiting for!

On select homes that close by August 31, 2009, qualified buyers, who meet the minimum credit score and other requirements, can choose from a reduced mortgage rate offered through Universal American Mortgage Company of California, Lennar’s preferred lender, or a special move-in package, with free backyard landscaping and free window coverings. Along with highly-attainable pricing, excellent financing allows homebuyers to purchase a home within their means.

All Lennar homes come equipped with many desirable amenities included as standard. High-end features such as stainless steel appliances, granite slab kitchen countertops, and Beechwood or Birch raised cabinetry demonstrate Lennar’s commitment to giving homebuyers a unique added value.

For long term savings, all of Lennar’s new homes in Sacramento are built with a uniquely-designed solar electric system which converts sunlight into renewable energy, even on cloudy days. Utilizing discreetly-placed solar panels, Lennar’s solar program delivers the economical and environmental benefits of solar power without sacrificing aesthetics or functionality.

Heating and cooling costs account for more than half of the energy use in a typical home, making it the largest energy expense for most homes, according to the U.S. Department of Energy. Lennar provides economical heating and air conditioning, translating into significant savings over time.

According to the Housing Opportunity Index, compiled by the National Association of Homebuilders and Wells Fargo Bank in May 2009, housing prices are at their most affordable level in two decades. Homebuyers who haven’t owned a home in the past three years can save up to an additional $8,000 with a federal government tax credit for all qualified homebuyers.  But the credit has only been approved until Nov. 30, 2009, so homebuyers are encouraged to act quickly to take full advantage of all incredible offers available for a limited time only!

“First time homebuyers have a small window of time left to take advantage of the Federal Tax Credit that ends November 30th.  Combined with the amenity-rich, energy -efficient homes that Lennar builds, there truly has never been a better time to buy a new home,” said Laura Stickelman, Vice President Sales Manager for Lennar Sacramento. “Lennar saves homebuyers time, money and headaches by eliminating the need for upgrades and remodeling because we already include everything they need as standard. That’s the Logic of Lennar®.”

Lennar offers low pricing on all their homes in the Sacramento area. In recent months, inventory has dramatically reduced across all Sacramento communities, signaling homebuyers are recognizing the value of buying a Lennar home now.

With 10 different communities across the Sacramento area, Lennar still offers immediate move-in ready homes at an incredible value. In Rancho Cordova at Kavala Ranch, homes range from approximately 1,463 to 3,491 square feet with prices from the mid $200,00s to the high $300,000s in three distinct communities. In Roseville’s WestPark, five communities are available with single-family homes ranging from approximately 1,453 to 3,491 square feet and prices set from the mid $200,000s to the high $400,000s. At Blackstone in El Dorado Hills, homes range from approximately 2,128 to 3,491 square feet and prices from the high $300,000 to the high $400,000s.

At Lennar’s Sentiero at WestPark, homebuyers can enjoy the exclusive limited-time offer on an approximately 2,201-square-foot Rainier plan with a French elevation on homesite 40 with five bedrooms, three baths and two-bay garage for $302,590. The Roseville home with energy-efficient solar features is available for an August move-in date.

The approximately 2,244-square-foot Cedar plan is available at Cazadero, homesite 130 in Kavala Ranch in Rancho Cordova. The four-bedroom, three-bath solar home with two-bay garage is currently priced at $301,612, including the solar system, or $292,950 plus an additional $22.46 per month to lease the 2.25 kWp solar system. The lease payment is subject to a 1.5% annual increase after the first year on a ten-year lease and offers a lifetime of savings by reducing utility bills, in addition to being environmentally-friendly. Homebuyers should see a home consultant for complete details on the solar lease program.  

Available for a September move-in date, The Cabernet plan on homesite 225 at El Dorado Hills’ Shenandoah II in Blackstone is approximately 3,491 square feet and features five bedrooms, four baths, and a three-bay garage for $530,847. The grand home is also a solar home built with energy-efficient solar amenities.

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®.”

Sales Pavilions are open this weekend from 10 a.m. to 6 p.m. For a complete list of communities in Sacramento call (866) 417-8471 or visit www.lennarsacramento.com.  

For further information about the Federal tax credit visit FederalHousingTaxCredit.com.