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LENNAR INTRODUCES NEW HOMES, GREAT OFFERS DURING INVENTORY BLOWOUT SALE IN RENO

Friday, June 26, 2009 / Lennar

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RENO, NV—June 2009 — Lennar is offering homebuyers the best combination of money-saving offers during their latest release of brand new move-in ready homes starting this weekend in Reno. Homebuyers can be among the first to tour the brand new homes and take advantage of all the great incentives, including tax credits, low interest rates, reduced closing costs and slashed pricing. Buyers are encouraged to visit a Lennar community to make an offer on any of the immediately available homes and see why more than 700,000 families across the country have trusted Lennar to build their dream home. 

 

The just-released single and two-story homes feature three to five bedrooms and prices ranging from the high $100,000’s to the low $300,000’s. This weekend, Lennar has 12 new homes available across four communities in the Reno area, including Sparks and Dayton.

 

Lennar’s Horizons and Meridian communities at Stonefield feature three to four-bedroom homes with plans ranging from approximately 1,339 to 2,309 square feet amongst a scenic mountain setting. With new homes currently priced from $199,950, Stonefield offers luxurious homes at affordable prices.  

 

Woodrush at River Park in the city of Dayton offers several four to five-bedroom homes with plans ranging from 1,744 to 2,791 square feet of living space. The community features generous home sites, some specially equipped with RV parking, and is close to several soccer fields, baseball fields and a state park with camping and RV facilities.

                                                                                                 

“We believe we’re offering homebuyers our very best selection of homes at the most savings possible,” said Mike Branson, Lennar Division President. “While others keep waiting to purchase a home, you could be moving into the home of your dreams today before this incredible combination of offers disappears.” 

 

Homebuyers are encouraged to take advantage of low closing costs, a government tax credit, and Lennar’s low mortgage financing through its preferred lender, Universal American Mortgage Company (UAMC).

 

The federal tax credit worth up to $8,000 for first-time homebuyers has only been approved until the end of the year, so buyers are encouraged to act now while funds are still available††‡. During Lennar’s Inventory Blowout Sale, homebuyers can save up to $7,000 on closing costs and secure great interest rates, such as 4.5% (4.973% APR)*, through UAMC. 

Lennar is celebrating its 55th Anniversary this year and 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.  Everything You Want, Everything You NeedSM, That’s the Logic of Lennar.SM

 

For further information about these incredible offers or for a list of communities in the Reno area, visit www.LENNAR.com/Reno or call (866) 759-5731.

 

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††‡ First-time homebuyer is any individual (excluding a non-resident alien) who has not owned a principal residence during the past three years and is purchasing the new home as their primary residence. Lennar cannot provide guarantees of actual savings and does not guarantee the homebuyers’ qualification for the federal tax credit. Tax Credit is subject to 3-year ownership requirement. Offer good for a limited time only. Lennar reserves the right to change or withdraw any offer at any time. Offers, incentives and seller contributions are subject to certain terms, conditions and restrictions, which may include use of designated lenders and closing agents.  Prices are subject to change without notice. Stated dimensions and square footage are approximate and should not be used as representation of the home's precise or actual size.   *Offer available on select homes as determined by Lennar, for purchase agreements written by 7/15/09 and closing must occur no later than 7/31/09. Limited funds are available; rates may change or not be available at the time of loan commitment, lock-in or closing if funds are exhausted. Not an offer to enter into an interest rate or discount point agreement and any such agreement may only be made in writing signed by both the borrower and the lender. Specific terms apply and buyer is subject to qualification that includes, but not limited to, a minimum of 3.5% down, a minimum credit score of 620, owner occupancy requirements and/or any changes in investor guidelines or programs. FHA jumbo loans not permitted. Monthly payment shown includes monthly mortgage insurance, based on FHA 30-year fixed rate financing at a rate of 4.5% (4.973% APR) with 3.5% down payment and $197,150 sales price and payment shown does not include property taxes, homeowner insurances and/or HOA fees. Seller will pay closing costs as defined on your Good Faith Estimate, excluding prepaids, subject to seller contribution limits. Financing offer available only through qualified buyers financing through Universal American Mortgage Company and closing at designated closing agent. Mortgage Banker License #1310 and Mortgage Broker License #1055, 6750 Via Austi Parkway, Suite 130, Las Vegas, NV 89119 702-739-7933; 10345 Professional Circle, Suite 120, Reno, NV 775-852-9980. Copyright © 2009 Lennar Corporation and Universal American Mortgage Company, LLC. All rights reserved. Lennar, the Lennar logo, Universal American Mortgage Company and the UAMC logos are registered service marks or service marks of Lennar Corporation and/or its subsidiaries. 6/09

Published by : Erika Torres
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