7/29/2010 11:19:33 PM
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Towering Oaks

Hermitage, TN

Towering Oaks Community

School District: Davidson County Zoning

Contact: (615) 480-4639

Location: (Directions | Map It)

Hours: Sunday and Monday 1pm -6pm, Tuesday - Saturday 10am - 6pm

NEW SPECIAL PRICING FOR A LIMITED TIME ONLY! ‡


New single family homes at an amazing value – and amazingly convenient to downtown Nashville, Tennessee as well as the Nashville International Airport. Plus we are located less than 1 mile to Percy Priest Lake and approximately 10 minutes to Providence shopping and entertainment. Come see why Towering Oaks in Hermitage is one of Nashville’s best new home communities.

Whether you’re a first-time homebuyer just starting out, or if you’re simply ready to start looking for a larger new home, Towering Oaks is one fantastic place to start. This new community offers single-family homes on wooded homesites, including many on quiet cul-de-sac streets, affordably priced. That would be a great value for any newly built homes in greater Nashville, let alone for a neighborhood like this, that’s literally minutes from downtown Nashville and the airport. All in all, Towering Oaks simply towers above any other Nashville area single-family home community in terms of value and location.

Community and Home Features:
• Approximately 10 minutes to Providence shopping and entertainment
• Located less than 1 mile to Percy Priest Lake
• Single-family homes with up to 4 bedrooms and up to 3 baths
• Ranch and 2-story designs available
• Hardwood foyer, oak cabinetry, G.E.® appliances and concrete driveway included
• Options include bonus rooms, morning rooms, fireplaces, upgraded baths, kitchen islands and extended hardwood and ceramic tile flooring
• ENERGY STAR® Qualified homes for long-term energy savings
• 10-Year structural warranty

Directions:

From Nashville:
Take I-40 E
To Exit 221 (Central Pike )Turn right
Right on Old Hickory Blvd
Travel 0.6 mile and turn left onto Bell Rd.
Continue another 0.6 mile and turn Right onto South New Hope Rd.
Travel 1.1 mile and turn right onto Stewart’s Ferry Pike
Continue 0.2 mile and Towering Oaks will be on the Right

Model Home Address:
2001 Towering Oaks Dr
Hermitage, TN

For use with GPS/Navigation:


‡ This is a limited time offer and available only on new contracts when financing through NVR Mortgage. Please consult our sales representative for details.

Models Available

Starting from the Low $170's

**Limited time only. Financing based on a 30 Year Conventional loan, with an interest rate of 4.25%, an APR not to exceed 4.804%, and 5% down payment. Monthly payment assumes the base sales price of the community which includes principal, interest, estimated taxes, insurance and estimated tax savings based on a 28% income tax rate. We recommend that you consult a Certified Public Accountant regarding your specific tax situation and details. Monthly payment does not include homeowner's association dues. The borrower is paying 0.25 discount point(s). A 1% origination fee is paid by the buyer. Mortgage insurance is included in these examples because the LTV is 95%. Qualifying and rates on loan programs may vary based on credit criteria, final amount of down payment, and are subject to current market pricing. APR may vary depending on rate and final loan program. The financing used in this example is based on a conforming loan product and applies only to loan amounts that are $417,000 or less. Loan amounts over $417,000 are subject to additional costs/pricing. Certain restrictions may apply. Rates effective 7/29/2010 and subject to change without notice. Prices, offers and financing are subject to change without notice. See sales representative for details.



Product: 30 Year Conventional
Sales Price: $174,990
Interest Rate: 4.25%
Downpayment: 5%
Property Tax Rate: 1%
Tax Savings Rate: 28%
Origination Fee: 1%
Discount Points: 0.25%
Hazard Insurance: 0.22%
PMI: 0.67%
Up Front MI: 0%
Downpayment Estimate: $8,750
Loan amount: $166,241
Up front mortgage insurance amount: $00

  $229  (Principal)
+ $589  (Interest)
+ $146  (Property Tax Estimate)
+ $32  (Hazard Insurance Estimate)
+ $93  (PMI Estimate)
+ $00  (Condo Fees)
- $164  (1st Year Tax Savings Estimate)
-------------------
$925 : Estimated Monthly Payment