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Lennar: Now is the time to buy new home

Lennar, one of the nation’s leading home builders, is encouraging prospective home buyers that the time to act and purchase a brand new Lennar home is now before all the savings opportunities are completely gone, a company spokesperson says.

The Government Homebuyer Tax Credit extension opportunities expire on April 30 and there is no guarantee of another extension, the spokesperson says.

This means that there is only a couple of months left to take advantage of the opportunities that may never be seen again, the spokesperson says.

Those who haven’t owned a home in the last three years may qualify to receive a government first-time home buyer tax credit of up to $8,000. Current homeowners may also be able to receive up to a $6,500 tax credit. The tax credits are not loans, there is no repayment required, but prospective buyers are urged to act now because this opportunity is quickly coming to a close, says the spokesperson.

Plus, right now, prospective buyers have the opportunity to receive up to an extra $10,000 to use toward a brand new Lennar home from the Miami-Dade County Bond Program, says the spokesperson.

Broward/Palm Beach County prospective home buyers have the opportunity to receive up to an extra $7,000 from the Broward/Palm Beach County Bond Program. These bond monies are available on a first come first serve basis; so don’t take the chance of letting it run out.

“Prospective home buyers are encouraged to visit a Lennar community and speak to a new home consultant about these exciting and historic incentives that may never be seen again in the real estate market,” says Carlos Gonzalez, president of Lennar’s Southeast Florida division. “Funds are limited so this is the time to take action and start living in the brand new home of your dreams.”

Also, the Federal Housing Administration (FHA) recently announced changes that will be put in place later this year that will require prospective buyers to put more money down and pay more money a month to own a home.

“It doesn’t matter if you are looking for a first-time home, a smaller home, a bigger home or an active adult community to live in, Lennar has a home that will meet your needs,” says Gonzalez. “Foreclosed and short sale properties can seem like the way to go for many prospective home buyers looking for the best deal, but they typically take an unreasonable amount of time to find out if the offer was chosen and most may not close in time to take advantage of the tax credit.”

Lennar currently has brand new homes available at three communities across Miami-Dade County with some homes priced starting from the low $100,000s. Home buyers are encouraged to visit a community this weekend and compare the great values on all brand new ready-to- move-in homes.

One of Lennar’s premier communities in Miami-Dade is The Isles at Oasis in Homestead. The master-planned community offering Caribbean inspired townhomes and single-family homes is priced from the low $100,000s. The community features sidewalks, street lighting throughout, beautiful lush tropical landscaping, a grand clubhouse with oversize pool, sundeck areas, state-of-the-art fitness center, children’s pool, playground, and an entertainment room.

The Isles at Oasis is at SW 320th Street and 152nd Avenue in Homestead. For more information on The Isles at Oasis, please call the Welcome Home Center at 877-204-2413.

Welcome Home centers and decorated models are open daily 10 a.m. to 6 p.m. For information on Miami-Dade communities call 866-716-0877, for Broward Communities call 866-688-7052 and for Palm Beach/Treasure Coast Communities call 877-873-1469.

Additional details are available at Realtor participation is welcome.