Lennar Guarantees Homes Will Close By End Of November To Qualify For Tax Credit

Oct. 22, 2009 - PRLog -- SACRAMENTO, CA  — Homebuyers must act quickly to meet the tax credit deadline on a select number of move-in ready homes at Lennar’s Kavala Ranch and West Park communities. Now is the time to take advantage of the first-time homebuyer tax credit savings before it is too late!

In addition, Lennar is offering a special added guarantee to all new first-time homebuyers that purchase by October 31st.  Lennar will guarantee that selected homes will close by the end of November (in time to take advantage of the tax credit) or Lennar will compensate the customer in the form of an extra $8,000 price reduction.  

“If a customer buys a home on our list of available November homes, and it fails to close due to a construction-related issue, we will compensate the customer with an extra $8,000 price reduction,” said Laura Stickelman, Sales Manager for Lennar Sacramento. “We are so certain that we will complete the home in time to take advantage of the tax credit, that we are putting an $8,000 guarantee behind it.”

The first-time homebuyer federal tax credit of up to $8,000 is available to customers who haven't owned a home in the past three years. However, homebuyers must act quickly as the federal tax credit has only been approved until November 30, 2009. Homebuyers should also know that tax credits are subject to eligibility requirements; therefore they should consult with their tax advisor as tax laws are subject to change.

“Time is running out for first-time homebuyers to receive their stimulus dollars,” said Laura Stickelman, Sales Manager for Lennar Sacramento. “We still have an exceptional selection of homes to choose from that are available to purchase right now.”

Lennar is currently providing homebuyers with their best assortment of homes for these incredible deals and is also offering a special move-in package that includes free backyard landscaping, free window coverings, free refrigerator and no closing costs.

In Rancho Cordova at Kavala Ranch, homes range from approximately 1,463 to 3,491 square feet with prices in the mid $200,000’s to the high $300,000’s in three distinct communities, Cazadero, Andravida and Verano.  At Andravida and Cazadero, there are five homes currently available that can close by the end of November, which range from 2,244 to 2,452 square feet. and start in the high $200,000s.  

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 low $200,000’s to the high $400,000’s. Seven homes are still available and can close by the end of November at Sentiero, Arbor Grove, Laureate and Ironcrest at Fiddyment Farm. These homes range from 1,749 to 3,491 square feet and are priced from the high $200,000’s.  

As an added benefit, all of Lennar’s Sacramento-area homes are built with a solar electric system, converting sunlight into renewable energy. Combining the solar-powered systems with some of today’s most innovative energy-efficient products and materials, Lennar’s solar homes help reduce electricity costs, preserve the environment, and create energy independence. In addition to the solar electric system, all of Lennar’s homes come with top-notch amenities such as stainless steel appliances, granite slab kitchen countertops, upgraded Birch or Beechwood cabinetry throughout the home, 12 x 12 tile in the kitchen, nook and bathrooms, plus beautiful front yard landscaping.  

Sales Pavilions are open this weekend from 10 a.m. to 6 p.m. For a complete list of communities in Sacramento, call (866) 823-6722 or visit www.lennarsacramento.com. Certain conditions apply on the move-in specials and the closing date guarantee. Please visit a Lennar Sales Pavilion for further details.

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®.”

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