Lennar Guarantees Homes Will Close In Time To Qualify For Tax Credit

Oct. 8, 2009 - PRLog -- Homebuyers have until the end of November to take advantage of the looming tax credit being offered now on all brand new homes in the Las Vegas area. Now is also the time to get some of the lowest interest rates in Lennar’s 55-year history and to benefit from this incredible buyer’s market—which won’t last forever.

Lennar's special limited-time offers may be combined with a first time home buyer federal tax credit* of up to $8,000, 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 Nov. 30, 2009.

Lennar is also offering a special added guarantee to all new homebuyers that purchase from October 10th through November 15th, 2009.  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 over 40 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 Nick Parks, Director of Marketing at Lennar Las Vegas. “We are so sure 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.”

“While some homebuyers sit on the sidelines waiting to jump into the housing market, others have already moved into their dream home,” said Roger Seaholm, Director of Sales for Lennar in Las Vegas. “It is truly the time to take advantage of these wonderful offers before an increasing number of homebuyers join the market and the incentives and tax credit start to diminish.”

All of Lennar's special limited-time offers can be combined with a first time home buyer federal tax credit* for all homebuyers who haven't owned a home in the past three years, for up to an additional $8,000 in savings. However, homebuyers must act quickly as the federal tax credit has only been approved until Nov. 30, 2009.

Lennar is currently providing homebuyers with their best assortment of homes available and incredible offers, including low interest rates, some of the most up-to-date amenities on homes, and reduced prices on some of their most sought-after homes.

Homebuyers are encouraged to act quickly to take advantage of the tax credit and the incredible buyer’s market before it’s too late, according to Seaholm.

“With more than 55 years in the homebuilding industry, Lennar knows what makes a house a home,” said Seaholm. “And with these incredible offers, homebuyers can’t afford not to buy right now.”  

Lennar offers 21 distinct communities to choose from throughout the greater Las Vegas area, including communities in Providence, Anthem, North Las Vegas, and Henderson. Prices start in the upper $100,000’s and floor plan styles range from approximately 1,286 to 5,078 square feet of living space.  

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®.”


Community hours this weekend are Saturday and Sunday 10 a.m. to 6 p.m.  For a complete list of communities in Las Vegas, call (877) 204-4411 or visit Lennar.com.  

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.