In the Tampa division, prices, plans and specifications are subject to change without notice. VA promotion of “$1 Moves You In” is available at select communities for a limited time. Promotion may be withdrawn without notice. Promotion available to anyone with VA eligibility (active, reserve or retires). Not all inventory homes may be available for VA promotion. Buyer is required to pay a 1% deposit on purchase price at time of contract. An additional deposit is due on options and upgrades selected at My Style Design Center in an amount set forth in the contract. Buyers receive a $1,500 credit to be used for options and upgrades at My Style Design Center. Interest rate on loan is determined on date of lock based on 0 points and 1% origination. Buyer must make application and meet loan eligibility criteria. Maximum loan amount of $417,000 applies. VA “$1 Moves You In” promotion includes closing cost assistance, which is available only to buyers financing through Ryland Mortgage Company and closing through Ryland Title. Closing cost assistance for this promotion includes 1% origination fee, prepaids and all other customary closing costs. Amount financed will be 100% of total sales price and VA funding fee less. At closing, Ryland Homes will refund to buyer the deposits previously paid less $1. See Ryland Mortgage loan officer for more details. VA “$1 Moves You In” plus $1,500 Design Center Upgrades joint promotion may not be combined with any other available offer(s) and promotion(s). Not withstanding the above, all promotions are subject to change or end without notice. Inventory homes are subject to prior sale. Other restrictions and limitations may apply. First-time home buyers or buyers who haven't owned a home in the past three years may be eligible to receive a tax credit equal to ten percent of their home's purchase price up to a maximum of $8,000. Home owners who have lived in their home for at least five years may qualify for a tax credit of $6,500. Tax credits apply to single taxpayers with incomes under $125,000 and couples with incomes under $225,000. If income exceeds these levels, a homebuyer may be eligible for a partial tax credit. The tax credit only applies to purchase with contracts written by April 30th 2010 that close on or before June 30th 2010. Some tax credit restrictions apply. The new tax credit does not have to be repaid if you keep your home for three years. Qualified service members who are ordered on a period of extended duty, have deadlines extended for one year: they must sign a contract by April 30, 2011 and close by June 30, 2011. “Qualified service member” means a member of the uniformed services of the U.S. military, a member of the Foreign Service of the U.S., or an employee of the intelligence community. “Official extended duty” means any period of extended duty outside of the United States for at least 90 days during the period beginning after December 31, 2009 and ending before May 1, 2010. The information provided is a summary only and does not constitute legal or tax advice. See your tax professional for details. For more information visit http://www.federalhousingtaxcredit.com/. Photograph is for illustration only. Information believed to be accurate but not warranted. See sales counselor for details.
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