Lennar Communities

Yellow Bluff Landing

The Jacksonville division of Lennar, one of the nation’s strongest homebuilders and recently ranked number one builder in Jacksonville for customer satisfaction by one of the leading customer research firms, is kicking off its “Triple Play” sales event this Saturday, April 17 throughout Duval, Clay and St. Johns counties.

This Saturday, Lennar gives prospective homebuyers even more reason to buy now with zero closing costs and monthly payments starting from as low as $851 a month.

Time is ticking away to take advantage of the historic tax credit savings. New homes must be purchased by April 30, 2010 to qualify for a tax credit. With this date only days away, the Jacksonville division of Lennar, is urging prospective homebuyers to stop waiting on the sidelines and to take action to get into the home of their dreams or miss out on these incredible savings.

First-time homebuyers may qualify to receive a government tax credit of up to $8,000. Current homeowners may also be able to receive up to a $6,500 tax credit. These tax credits are not loans and there is no repayment required.

During Saturday’s event, prospective homebuyers can register to win a Jacksonville Suns family four pack or a VIP luxury suite box to share with 20 friends to see a Jacksonville Suns baseball game.

Right now, Lennar has a variety of homes available in Northeast Florida that can close in time to qualify for the tax credits including Willowcove at Nocatee in Ponte Vedra, and brand new communities Lexington Park, Yellow Bluff Landing and Abigail Estates all located in the Jacksonville area.

Willowcove at Nocatee offers luxurious single-family homes from the upper $200s to the upper $300s. Lexington Park is a brand new community featuring single-family homes from the $160s to the low $200s. Yellow Bluff Landing is a brand new community providing single-family homes from the mid $100s. Abigail Estates is a brand new community with single-family homes from the mid $200s.

“This is the time to really consider moving from renter to buyer because these favorable buyer’s market conditions will not be around much longer,” said Michael Carlo, Vice President of Sales Operations and Land for Lennar’s Jacksonville division. “There has never been a better time to buy a new home with so many incredible values on the market, tax credits, low interest rates and extraordinary incentives.”

“Lennar New Home Consultants will be available at every community to help answer any questions prospective homebuyers might have about the tax credits or the home purchase process,” said Carlo.

All Lennar homes come with a wide array of quality interior features and designer upgrades already included in the home purchase price.

Lennar is one of the nation’s leading homebuilders with more than 55 years of experience building homes and communities all across the country with a variety of home product offerings available to meet any prospective homebuyers unique homeownership needs.

The homebuilder offers single family, townhomes and condominium homes in Jacksonville’s most desired locations, including Duval County, Clay County, St. Johns County, and St. Augustine, all with easy access to I-95 and I-295.

For a complete list of Lennar communities in the Jacksonville area call 904.380.0774 or visit Lennar.com/Jacksonville or http://www.lennarjacksonville.com/.

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**Offer available on select homes as determined by Lennar, for purchase agreements written by 05/01/10 and closing must occur no later than 5/15/2010. Limited funds are available; this offer may change upon exhaustion of funds. 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 credit score of 600, owner occupancy requirements and/or any changes in investor guidelines or programs. *Monthly payment amount shown is based on $160,000 sales price. FHA jumbo loans not permitted. Offer available on select homes as determined by Lennar. †First-time homebuyer is anyone (excluding non-resident alien) who has not owned a principal residence in the past three years and is purchasing new home as such. Credit subject to 3-year ownership requirement. Individuals (excluding non-resident aliens) who have owned and used a residence as their principal residence for any 5 consecutive-year period during the 8-year period ending on the date of the purchase of the subsequent principal residence (i.e., the one that would qualify them for a credit) can now claim a tax credit not to exceed $6,500. Not tax advice; homebuyers should consult tax advisor. Tax laws subject to change. Offer available only to qualified buyers financing through Universal American Mortgage Company and closing at designated closing agent. ^Seller paid closing costs, up to 3.5%, do not include prepaids and are subject to contribution limits that might affect the maximum loan amount. ±NO PURCHASE NECESSARY TO ENTER OR WIN. No sales presentation required. Open to legal residents of the 50 U.S. states and D.C., 18 years or older. Employees of Lennar, its agents and representatives are not eligible. To enter, register at a participating Lennar community during normal business hours. Prize drawing to occur on or about 4/17/10. Two prizes to be awarded at random. Prize is a family 4-pack to see the Jacksonville Suns (ARV: $100) or a VIP Suite (ARV: $600). Limit one entry per household. Odds of winning depend on total number of eligible entries received. Subject to applicable laws and regulations. Void where prohibited by law. Official rules and winner’s list (until 5/17/10) available or upon request by mail to Sponsor. Sponsor: Lennar, 14120 12724 Gran Bay Parkway West, Suite 300, Jacksonville, FL 32258. Prices subject to change without notice. See a Lennar New Home Consultant for further information. Mortgage Lenders License #BK-108346 (NC) Mortgage Loan Broker # MB-0508401 and Supervised Lender License # S-5, 665, 688, 689, 690, S-6, 529, 572. Equal housing opportunity. Copyright © 2010 Lennar Corporation and Universal American Mortgage Company, LLC. All rights reserved. Lennar, the Lennar logo, Universal American Mortgage Company and the UAMC logo are registered service marks or service marks of Lennar Corporation and/or its subsidiaries 4/10.