Home Builder Incentives 1-31-10

Beazer Homes – Beazer Homes wants you to ask these 5 key questions before buying your next home! How does your home prevent air leakage? What kind of energy savings does your home deliver? What makes your home healthier? What watersaving features are included in your homes? Can you update a home to be high performing? Beazer is setting a new standard for homebuyers with our high performance homes. From the tighter seal that prevents air from moving into and out of our homes to the extra steps we’ve taken to insulate them from the inside out, all of our homes perform at a higher level – keeping costs down, energy in and preserving the quality of the indoor air. We enhance our high performance homes, called eSMART, by adding energy-saving and eco-friendly features. And although eSMART comes standard in all of our homes, you’ll also have the opportunity to accelerate the home’s performance with eSMART Plus and eSMART Green. For more information visit www.beazer.com

Taylor Morrison – Taylor Morrison’s dream home giveaway where will we build your dream home? Right now, Taylor Morrison wants to give you the chance to win the home of your dreams – designed and built perfectly for you. If you’re the lucky winner of our 2010 Dream Home Giveaway, not only will we build your dream home, but you and your family will also be invited to stay at the Disneyland Resort – a place where you can celebrate all of life’s special moments. For more information visit www.taylormorrison.com

Lennar – On November 5th, the U.S. Congress completed action on legislation to extend the existing homebuyer tax credit and expand eligibility for certain existing homeowners. The President signed this legislation into law on November 6th. The current $8,000 federal tax credit for first-time homebuyers is extended to April 30, 2010. A new tax credit for certain existing homeowners has been created. The amount of the new credit is $6,500. To qualify, an individual must have owned and resided in a home for any 5-consecutive year period during the last 8 years prior to purchase of a new home. To be eligible to claim the $8,000 credit, first-time buyers must enter into a written binding contract for purchase before May 1, 2010 and must close on the purchase before July 1, 2010. To be eligible to claim the $6,500 credit buyers who have owned and resided in a home for any 5-consecutive year period during the last 8 years, must close after the date of enactment (November 6, 2009), and prior to July 1, 2010. The new law increases the income limitation for homebuyers who want to claim the credit. The income limit for individual taxpayers has been increased from $75,000 to $125,000. The income limit for joint filers increases from $150,000 to $225,000. To qualify for either credit, the price of the home being purchased cannot exceed $800,000. For more information visit www.lennar.com