Lennar Continues to Attract Prospective Buyers with Its Homebuyers Stimulus Package

Homebuilder experiences increase in sales in Maryland and Pennsylvania by offering incredible prices, incentives and interest rates that make purchasing a home easier in today's real estate market.

Columbia, MD, May 08, 2009 --(PR.com)-- 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 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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Brandi McDonald
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