Toll Brothers Announces National Winter Sales Event - Feb 20 to Feb 28

Feb. 18, 2010 - PRLog -- CONTACT:  Kira McCarron, Chief Marketing Officer (215) 938-8000


TOLL BROTHERS’ NATIONAL SALES EVENT OFFERS HOME BUYERS INCREDIBLE INCENTIVES, SAVINGS FROM FEBRUARY 20 - 28

Toll Brothers’ Luxury Home Communities in Minnesota Will Participate

Toll Brothers, the nation’s leading builder of luxury homes, invites you to attend its National Winter Sales Event and learn why this is a fabulous time to buy your dream home. The event, which will be held in all Toll Brothers communities in the Twin Cities from February 20 to 28, will offer a 30-year mortgage rate as low as 2.875% (4.75% APR)*.  Other substantial savings and incentives are also available during the event.

The unprecedented mortgage program, exclusively for buyers that deposit during the event, is a 2/1 buydown with the cost paid by the builder.  “This saves the buyer hundreds of dollars per month in the first year alone, compared to financing without a buydown," says Alex Martin, Assistant Vice President for Toll Brothers’ Minnesota Division.  For more information, visit any of our Twin Cities locations or visit TBIMortgage.com or TollSalesEvent.com.  

During this event only, you can maximize your investment with this incredible mortgage program and spectacular LIMITED-TIME incentives that could increase the value of your new dream home at no additional cost!

The buyer’s market won’t last forever, and buyers can take advantage of Toll Brothers Extended Delivery policy, which allows more time to sell a current home and eliminate stress. Long considered one of the building industry’s most reliable and financially stable builders, Fortune magazine rated Toll Brothers number one in financial soundness, quality of products, long-term investment, and use of corporate assets in its World’s Most Admired Companies 2009 report.

“Those who buy a to-be built home now could be in their homes in time for the new school year,” said Martin.  “Add in this phenomenal mortgage program, and you can live a luxurious, dream-home lifestyle for so much less,” he added.

Additionally, first-time home buyers who deposit on a Quick Delivery Home by April 30, 2010 and close by June 30, 2010 can still take advantage of an $8,00 tax credit**, and move-up buyers may be eligible for a $6,500 tax credit**. With the tax credit, the special incentives, and the low mortgage rates that are still available, this sales event offers a rare opportunity to add significant value to a home purchase. In addition to the fabulous packages, as well as the high quality, luxury, and style of a Toll Brothers home, buyers will have the peace of mind that comes with choosing one of the nation’s most financially sound builders.

“Toll Brothers survived a very challenging time in the home building industry, and we’re still strong. People have faith in our homes and our communities because of our remarkable history, our impeccable reputation, and our staying power which has been proven time and again,” said Martin. “Anyone considering a dream home purchase should make this a don’t-miss event,” he added.

Toll Brothers offers five impressive communities in the Twin Cities area:  The Lakes at Maple Grove in Maple Grove; The Executive and Signature Collections at Spring Lake Estates in Prior Lake; and the Carriage and Signature Collections at Steeplechase of Eagan in Eagan.  Single-family residences and condominiums are priced from the mid-$300,000s to the mid-$500,000s.  Toll Brothers sales centers and decorated model homes are open daily from 11:00 a.m. to 6:00 p.m.  Visit http://www.TollSalesEvent.com for more information about these communities.

Although Toll Brothers is probably best known for its expansive single-family and estate homes, the luxury builder offers an amazingly wide range of home designs, including condominiums, carriage homes, and townhomes; and a vast palette of community types such as urban, active adult, resort, and much more.

Toll Brothers, Inc. is the nation’s leading builder of luxury homes, and became a public company in 1986. Its common stock is listed on the New York Stock Exchange under the symbol TOL.

The Company operates its own architectural, engineering, mortgage, title, land development and land sale, golf course development and management, home security, and landscape subsidiaries. The Company also operates its own lumber distribution, and house component assembly and manufacturing operations.

Toll Brothers, a FORTUNE 1000 company, is honored to have won all three of the industry's highest awards: America's Best Builder, the National Housing Quality Award, and National Builder of the Year. For more information, visit http://www.TollBrothers.com.

This is not an offering where prohibited by law.



*Ex. based on a $417,000 loan amt., 20% down, and 4.875% Note rate with a 2-1 temp. buy down. 1st yr pmt. rate is 2.875%, 2nd yr. is 3.875%, then fixed at 4.875% in yrs. 3-30.  Pmt. factor at 4.875%=$5.2921 per $1,000 financed (ex:$100,000 loan=$529.21/mo). Rates/programs avail. through TBI Mortgage and assume seller incentive used toward rate buy down. Above ex. avail. for loan amts. up to $417,000. Rates/programs subj. to change w/o notice and for qualified buyers only; other programs avail. See tbimortgage.com for licensing info. Offer valid for new buyers who purchase a home at any participating community in Minnesota and deposit between 2/20/10 and 2/28/10, sign an agreement of sale by 3/10/10, and close on the home. Offers, incentives, and seller contributions vary by community and are subject to certain terms, conditions, and restrictions. Toll Brothers reserves the right to change or withdraw any offer at any time. Not valid with any other offer. See sales representative for details. This is not an offering where prohibited by law. 2/10


** Restrictions apply: Current homeowners who buy must have lived in current home for five continuous years. First-time buyers and current homeowners must purchase by April 30, 2010 and close by June 30, 2010. Please consult your tax advisor.