Lennar Offers Several Homes At Canyon Springs In Las Vegas That Can Still Qualify For Tax Credit

March 11, 2010 - PRLog -- LAS VEGAS, Nevada  — Homebuyers must act quickly to meet the looming tax credit deadline on a select number of move-in ready homes at Lennar’s Canyon Springs in North Las Vegas.  These homes feature recently reduced prices and with just 11 available at Canyon Springs, time is short to take advantage of this exceptional opportunity.

“Time is running out for homebuyers to receive their tax credit dollars,” said Nick Parks, Director of Marketing for Lennar Las Vegas. “We still have a great selection of homes to choose from at Canyon Springs that are available to purchase right now!”

“The appeal of Canyon Springs includes large, pool-sized homesites and some of our most popular floor plans,” said Roger Seaholm, Director of Sales for Lennar Las Vegas. “Lennar makes most upgrades standard so there is no need to pay thousands in extra upgrade costs – this incredible selection won’t last long.”

Priced from the mid $100,000’s, the Canyon Springs residences offer four single and two-story floorplan styles that range approximately 1,794 to 3,149 square feet of living space with four to five bedrooms, up to three bathrooms and oversized two-to three-bay garages. Upscale features such as covered porch entries, courtyards, ceramic tile entries, gourmet kitchens with granite countertops and spacious master suites are included per residence.

With special financing through UAMC, Lennar’s preferred lender, combined with the homebuyer federal tax credit of up to $8,000 for first-time homebuyers and up to $6,500 for existing homeowners, there has been a measurable increase in activity at all actively selling Lennar new home communities. Buyers can still get the tax credit if they have owned and lived in their current home for five consecutive years.  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.

However, these homes must be purchased by April 30, 2010 and closed on June 30, 2010 in order to take advantage of the tax credit extension.

Additionally, homebuyers may be able to benefit from the exceptional below market rate financing available through Universal American Mortgage Company of California, Lennar’s preferred lender.

“In addition to Canyon Springs, we have over 50 inventory homes available for immediate move-in throughout the Las Vegas Valley,” stated Seaholm. “We have lowered prices on all inventory homes and across all communities in time for customers to take advantage of the federal tax credit that expires soon.”

Lennar offers 17 distinct communities to choose from throughout the greater Las Vegas area, including communities in Mountain’s Edge, Providence, North Las Vegas, and Henderson. Prices start in the $130,000’s and floor plan styles range from approximately 1,286 to 5,078 square feet of living space.  

Community hours this weekend are Saturday and Sunday 10 a.m. to 5 p.m.  For a complete list of communities in Las Vegas, call (877) 204-4411 or visit Lennar.com.  

With hundreds of communities nationwide and homes designed for first-time, move-up and luxury homebuyers, Lennar has grown to become one of the nation’s leading and most respected homebuilders. Lennar has a longstanding history of building homes of enduring quality in only the most well planned and desirable locations throughout the country.

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.