Lennar Southeast Florida Urges the Time for Waiting Has Passed – do Not be Afraid to Buy Now

It’s Time to Take Advantage of Lennar’s Fiscal-Year End Deals in South Florida

Miami, FL, October 22, 2009 --(PR.com)-- This weekend the Southeast Florida division of Lennar begins its “Be Afraid, Be Very Afraid” sales event campaign. During this Spooky Fall-themed sales event, the homebuilder is stressing how important it is for any first-time prospective homebuyer still unsure about purchasing a new home to act now and not be afraid to buy brand new right now. With the government’s first-time homebuyer tax credit opportunity expiring on November 30, the time for waiting to buy a new home has passed. If you haven’t owned a home in the last three years you may qualify to receive this government tax credit of up to $8,000*. It’s not a loan, there is no re-payment, but this government stimulus offer comes to a close on November 30.

Right now the Southeast Florida division of Lennar has excellent savings opportunities on brand new ready to move in homes, but new home inventory is quickly disappearing.

This weekend homebuyers can take advantage of Lennar’s Fiscal Year-End Deals that include $0 closing costs on select South Florida residences† and monthly payments starting as low as $991 a month**. The homebuilder’s preferred lender, Universal America Mortgage Company (UAMC), is providing interest rates starting as low as 4.50% (5.02% APR) fixed for life. **

“If you want to get into a brand new home, now really is the time to buy,” said Carlos Gonzalez, President of Lennar’s Southeast Florida division. “New home inventory is declining and these historic incentives will soon be over.”

The Southeast Florida division of Lennar offers a variety of communities to suit every lifestyle, including an almost sold out active adult community. Single-family homes are priced from the upper $100s, townhomes are priced from the low $100s and near close-out high-rise condominiums from the $300s.

Welcome Home Centers and decorated models are open daily 10 a.m. to 6 p.m. For information on Southeast Florida Lennar Communities call 866-380-7557.

Or visit their Web site at Lennar.com. Realtor Participation Welcome.

Disclaimer if required by publication:
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. Tax Credit is subject to eligibility requirements. Lennar cannot provide guarantees of actual savings and does not guarantee the homebuyers’ qualification for the federal tax credit. Credit is subject to 3-year ownership requirement. Not tax advice; homebuyers should consult with their tax advisor. Tax laws are subject to change.

†**★Offers are available on select homes, as determined by Lennar, for purchase agreements written by 10/24/09 and applicants must reserve loan funds and closing must occur no later than 11/8/09. **Limited funds are available; offer may change upon exhaustion of funds. Specific FHA loan terms apply and buyer is subject to qualification that includes, but not limited to, a minimum of 3.5% down, a minimum credit score of 620, owner occupancy requirements and/or any changes in investor guidelines or programs. FHA Jumbo loans are not allowed. Monthly payment shown does not include HOA fees, is based on FHA 30-year fixed rate financing at a rate of 4.50% (5.02% APR) with 3.5% down payment and $183,000 sales price. 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. †Seller will pay closing costs as defined on your Good Faith Estimate, excluding prepaid, subject to seller contribution limits. FL Mortgage Lender License #ML 0700915. Prices subject to change without notice. Contact a UAMC Home Loan Advisor or a New Home Consultant at Lennar for details. Lennar Homes, LLC –CGC 62343. Copyright 2009 Lennar Corporation and Universal American Mortgage Company, LLC. Lennar, the Lennar logo, Universal American Mortgage Company and UAMC logo are registered service marks or service marks of Lennar Corporation and/ or its subsidiaries. 10/09

Lennar - Southeast Florida Division
Brandi McDonald