2009-05-06 21:59:42 -
Columbia, M.D. (May 6, 2009) – Lennar (NYSE: LEN), one of the nation’s leading homebuilders, continues to experience an increase in sales at its various Communities throughout Maryland and Pennsylvania by offering prospective homebuyers incredible prices, incentives and interest rates that make it simple to buy a new home in today’s real estate market.
Currently, the Maryland division of Lennar is making home buying easier than ever with it’s Homebuyer’s Stimulus Package. This package includes $0 closing cost at select Communities throughout Maryland and Pennsylvania as well as Lennar’s “Peace of Mind” Mortgage Protection Program. This incredible program has been introduced to help provide homebuyers with the confidence to move forward with their home purchase decision and designed to offer
some security and comfort. Qualified homeowners enrolled in the Peace of Mind Mortgage Protection Program benefit from up to $1,800 per month for up to six months of the homeowner’s mortgage payments.
In addition, Lennar is helping homebuyers take advantage of the government’s “new and improved” first-time homebuyers tax credit of up to $8,000. Prospective buyers that have not owned a home in the last three years may qualify to receive this government tax credit. It’s not a loan and there is no re-payment.
“Our Company has always been invested in educating homebuyers and committed to making the purchase of a home a simple and uncomplicated process,” said John R. White, President of Lennar’s Maryland division. “With the incredible combination of offers, government tax credit and financing available, there’s no better time than now to purchase a brand new home.”
Recent reports indicate that homebuyers are realizing now is the time to buy and are taking advantage of the current market conditions. The Lennar Maryland division’s new home sales exceeded projections by more than 45 percent during the month of April.
“We pride ourselves on being responsive to homebuyers’ needs, and we work to provide affordable homes in vibrant communities with the most desired features in every home as the standard at no additional cost,” said White. “What people need now is a sense of security in making major purchase decisions, and Lennar’s solid reputation helps them move confidently in the direction of owning a brand new home.”
Lennar is a homebuilder currently celebrating its 55-year anniversary with homes in various markets across the country. Homebuyers can feel secure that with this longevity of solid business practices and financial stability they are buying from a homebuilder who will be here tomorrow.
The Maryland division of Lennar offers a variety of homes from single-family, townhomes, and villas to active adult lifestyle communities that offer homebuyers the very best amenities. Regardless of what type of home you choose, you will still enjoy the value-added benefits of Lennar’s “Everything you want. Everything you need.” Philosophy.
Welcome Home Centers and decorated models are open daily 10 a.m. to 6 p.m. For more information call 877-37-LENNAR or visit
www.lennar.com
About Lennar Corporation
Lennar Corporation, founded in 1954, is headquartered in Miami, Florida and is one of the nation’s leading builders of quality homes for all generations. Lennar builds affordable, move-up and retirement homes in Communities that cater to almost any lifestyle – such as urban, golf course, Active Adult or suburban Communities. Currently the company builds homes in 16 different states in some of the finest markets across the country.
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Disclaimers If Needed By Publication:
Seller will pay closing costs as defined on your Good Faith Estimate, excluding prepaids, subject to seller contribution limits. 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. Tax Credits are subject to eligibility requirements. Not tax advice; homebuyers should consult with their tax advisor. Tax laws are subject to change. The involuntary unemployment insurance included in the Rainy Day HELP Program is provided and underwritten by Virginia Surety Company, Inc. under group insurance policy IUI-POL (11-05). Exclusions and limitations apply. See the Certificate of Insurance and Schedule of Coverage for complete details. Program offered for FHA and VA loans only. Contact a Lennar New Home Consultant or a UAMC Home Loan Advisor for complete details. Offers available only to qualified buyers financing through Universal American Mortgage Company and closing at designated closing agent. MD: Mortgage Lender License #8101, PA: Licensed by the Pennsylvania Department of Banking pursuant to the Mortgage Loan Act. Copyright © 2009 Lennar Corporation. Lennar, Lennar logo, Universal American Mortgage Company, the UAMC logo and The Peace of Mind Mortgage Payment Protection Program are registered service marks or service marks of Lennar Corporation and/or its subsidiaries. Equal Housing Opportunity. Equal Housing Lender. MHBR No 316.
