Lennar has 29 move-in ready homes available that will meet the tax credit deadline at several of their new home communities in the Las Vegas area. Now is the time to take advantage of the first-time homebuyer tax credit savings before it is too late.

“After several weeks of consistent sales, we are down to just 29 homes that may close in time to take advantage of the federal tax credit,” said Jeremy Parness, Lennar Las Vegas Division President.  “It’s really the final stretch of the perfect race to by a new home: Low interest rates, historically low prices and the final days of the Federal First Time Buyer Tax Credit.”

The first-time home buyer federal tax credit** of up to $8,000 is available to customers who haven’t owned a home in the past three years. However, homebuyers must act quickly as the federal tax credit has only been approved until Nov. 30, 2009.

In addition, Lennar is offering a special added guarantee to all new homebuyers that purchase between October 17th and November 15th, 2009.  Lennar will guarantee that selected homes will close by the end of November (in time to take advantage of the tax credit) or Lennar will compensate the customer in the form of an extra $8,000 price reduction*.

“If a customer buys a home on our list of available November homes, and it fails to close due to a construction-related issue, we will compensate the customer with an extra $8,000 price reduction,” said Nick Parks, Director of Marketing at Lennar Las Vegas. “We are so certain that we will complete the home in time to take advantage of the tax credit, that we are putting an $8,000 guarantee behind it.”

Lennar is currently providing homebuyers with their best selection of homes available for this incredible offer, including low interest rates, exceptional included features in the homes, and reduced prices on some of their most popular homes.

“We only have a few homes available to close before the end of November and time is running out to get the year-end deals!” said Roger Seaholm, Director of Sales for Lennar Las Vegas.  “It is truly the time to take advantage of these exceptional offers before an increasing number of homebuyers join the market and the incentives and selections start to diminish.”

Lennar offers 21 distinct communities to choose from throughout the greater Las Vegas area, including communities in Providence, Anthem, North Las Vegas, and Henderson. Prices start in the upper $100,000’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 6 p.m.  For a complete list of communities in Las Vegas, call (877) 204-4411 or visit Lennar.com.

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.

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*Offer valid on selected homes only. See a Lennar sales office for list of qualifying homes. Valid only on new purchase agreements written by 11/15/09. If qualifying home does not close by 11/30/09, Lennar will provide an additional $8,000 price reduction. Offer valid only when home closing is delayed by construction-related delays. Offer not valid if home fails to close due to customer requests or changes. Offer not valid when home closing is delayed by mortgage-related delays or any non-construction delay. **A federal tax credit up to $8,000 is subject to 3-year ownership requirement and is available to first-time homebuyers who are individuals (excluding a non-resident alien) who have not owned a principal residence during the past three years and are purchasing the 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 eligibility requirements. Not tax advice; homebuyers should consult with their tax advisor. Tax laws are subject to change. NV: Mortgage Banker License #1310 and Mortgage Broker License #1055, 6750 Via Austi Parkway, Suite 400, Las Vegas, NV 89119 (702)739-7933. NV Contractors License #0048844 and U.S. Home dba Lennar, NV Contractors License #0050808. 10/09.