Lennar representative cites benefits of owning residence

The real estate industry experts have recently been stating that now is the best time to buy, but now there may be more reasons to believe that than ever before.

With today's market picking up and fewer foreclosures on the market this may truly be the last chance to lock in the lowest financing options possible.

Right now Lennar is encouraging people who are thinking about buying a home to benefit from buyers advantage now.

Lennar currently has a selection of homes available at communities throughout the valley. The builder is also offering special incentives, standard upgrades and financing packages through its preferred lender.

"There may never be a better time than April 2012 to buy a new home," said Lannette Freitag, Lennar new-home consultant. "We are offering all of these great savings as well as our warranty program, plus this could very well be the last time to get the lowest rates possible. These are deals that I thought I would never see in my lifetime."

Lennar provides several features that are included in the price of the home. Some of these are garage door openers, ceiling fan and home theater prewiring, green technology, GE appliances, designer lighting packages, low VOC paint, stainless steel sinks and rocker light switches.

Prices range from the mid-$100,000s to the mid-$400,000s. Buyers can choose from a wide range of homes that offer 1,300 to more than 5,200 square feet of living space.

According to Axiometrics, a national apartment research firm, forecasts rental rates are projected to grow 6.1 percent on average this year, and then increase more in the following years.

Freitag said homeowners can lock in today's low fixed rate through Lennar's preferred lender. So while rents may keep going up, the cost of owning a new home can remain stable.

She said mortgage payments could be low as $874 per month and are available for a 30-year fixed rate Federal Housing Administration loan with low interest rates and down payment.

She said the special financing was available on select homes that are determined by Lennar's executives.

The deal is for homes with purchase agreements written by Monday and closing occurring no later than April 30.

For further information about the financial incentives, or a list of communities in Las Vegas, call 877-204-4411 or visit LENNAR.com/LASVEGAS.