Lennar will double federal tax credit with purchases in four communities

Lennar’s Southwest Florida Division has announced it will double the U.S. federal tax credit available to qualified new home buyers through Dec. 31 on the purchase of any new home in four Lennar communities in Southwest Florida.

Matt Devereaux, director of sales for Lennar’s Southwest Florida Division, said the $8,000 federal tax credit is available to first-time home buyers through next April and a new $6,500 tax credit is now available to home buyers who already own homes.

“Lennar will double the tax credit and new home buyers can apply the savings to their down payment, to their closing costs, to upgrade on their new homes or pocket the cash,” Mr. Devereaux said.

The offer is good through the end of the year at all of Lennar Southwest’s communities:

• Heritage Bay in Naples, where Lennar builds town homes priced from the low $100,000s, Terrace condominiums priced from the high $100,000s, Coach homes priced from the high $200,000s, Verandas priced from the low $200,000s, Executive homes priced from the high $400,000s and Classic homes priced from the $500,000s;

• Bella Terra in Estero, where Lennar builds Villa homes priced from the high $100,000s, Manor homes priced from the high $200,000s, Executive homes priced from the $200,000s and Estate homes priced from the mid $300,000;

• Stoneybrook at Venice, where Lennar builds Inaugural homes priced from the mid $100,000s and Manor homes priced from the low $200,000s; and at

• River Strand at Heritage Harbour in Bradenton, where Lennar builds Terrace condominiums priced from the mid $100,000s, Coach homes from the low $200,000s, Manor homes from the mid $200,000s and Classic homes from the mid $300,000s.

For more information, contact Mr. Devereaux at 278-1177. 