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QUALIFYING INCOMES FOR THE FINANCIALLY UNINFORMED

  For those that think that they can only afford a PRODUCTION HOME,THINK AGAIN;

You can afford to buy a DESIGN-BUILT CUSTOM HOME

Do you know what happens when you say” I do not want to spend more than $360,000 for a new home”, But, your combined ACTUAL INCOME IS OVER $70,000? Based upon today’s market you have placed “self imposed” limits on yourself and you are compelling yourself to buy a Production Home where you are offered three models and a couple of front elevations; thus living in a community of stereotyped homes where the range in price is negligible; or not buying at all; losing any attained appreciation over a period of time. In this situation you are not buying value, only space.

Do you know that for the same investment you can buy a Designed-Built custom home accommodating your ideas that will meet your family's needs?  When a person is told that this might cost more than they anticipated, they panic.  They envision a tremendous increase in monthly carrying costs and give no thought of future value or tax savings.  If you were told that you could accomplish this and it would only cost a few dollars more per month, would that make a difference to you?  IF IT DOES DO NOT BUY.

THE TABLE SHOWS YOU THE DIFFERENCE IN COSTS
BETWEEN VARIOUS SELLING PRICES

THE TABLE SHOWS YOU THE DIFFERENCE IN COSTS  BETWEEN VARIOUS SELLING PRICES

Selling Price

$300,000

$350,000

$400,000

Total cash required with 5% down

$ 15,000

$17,600

$ 20,000

*Note: Financing available from 5% down, Inquire about different programs available

Mortgage type 5% interest
Monthly Principal and Interest

(add taxes, Ins, Approx. $300 structured with no mortgage insurance)

Conv/30yr. $1510

Conv30yr. $1762

Conv/30yr      $2014

Qualifying Income Required

Insert your income here and see if you are qualified for
"THE HOME OF YOUR DREAMS”

$60,000

$

 ---to---

$

$70,000

$

Monthly Principal and Interest after tax savings
(plus R.E. taxes & Ins. - Approx. $300)

$1011

$1180

$1300

THE DIFFERENCE IN MONTHLY COSTS TO BUY A DESIGN BUILT CUSTOM HOME:

BETWEEN EACH PRICE UPGRADE

$----

$169

$329

 

SALES CENTERS

MAYFIELD WOODS
RHONDA COURT & CARLSON LANE
WINDSOR MILL, MD. 21244

THE COVE
GEORGE ST. & WOODLAND AVE
MIDDLE RIVER, MD. 21220

Phone:(410) 879-4242
Fax: (301) 622-3033
E-mail:SR9889@aol.com
www.interstateventures.com
www.CustomHomeSimplified.com
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