Home Sale Offer Information

We at Stanley Martin Homes, LLC (“Stanley Martin” or the “Company”) request that you read this Home Sale Offer Information (“Offer Information”) as you review information regarding the homes presented on this website (the “Website”) since this Offer Information provides important details that are not shown in the main part of the Website due to technical and space constraints.

Stanley Martin Homes may revise this Offer Information by updating this posting, so you may want to review it occasionally.

GENERAL INFORMATION APPLICABLE TO ALL MARKETS

First Heritage Mortgage Incentives:

Some incentives are tied to the use of First Heritage Mortgage, LLC (“First Heritage Mortgage” or “FHM”). Stanley Martin Homes and First Heritage Mortgage, LLC are affiliated businesses. An affiliated business arrangement disclosure will be provided before a contract is signed. First Heritage Mortgage is an Equal Housing Lender. (www.nmlsconsumeraccess.org)  NMLS ID# 86548 (Virginia; FHM is also licensed in other states).

SMart Selected Homes™ and SMart Pricing™:

Certain homes are designated to have SMart Pricing™. The “SMart Pricing™ Details” are intended to show the various pricing components of the home.  The “Other” part of the pricing captures any options, discounts, incentives, and special offers associated with the home. See a Neighborhood Sales Manager for details.

School Disclaimer:

While Stanley Martin may identify the schools to which homes in a neighborhood may currently be connected based on the information that Stanley Martin has received, school boundaries and assignments are subject to change without notice.  If the school selection is important, you should research this issue rather than rely on Stanley Martin’s information.

Renderings and Floor Plans:

The renderings, photos, and other images included on this Website are for general illustration purposes only and are not binding in any way.  The home available for sale may differ from these illustrations.  For example, standard features vary by neighborhood.  The illustrations may include optional features that are not included in every home.  Window sizes, window locations, and room sizes vary from one home to another based on the “elevation” (exterior façade) selected for the home.  Product plans are frequently being revised and updated, with the result that the illustrations may not reflect the latest version of the home. 

Floor plan images on this Website are for general illustration purposes only and are not binding in any way. Any references to dimensions of rooms, hallways, doors, and windows, as well as the square footage of a home or any portion of a home, are approximations and may change from house to house and based on revisions to plans.

Each homebuyer should review the plans and specifications with a Neighborhood Sales Manager to clarify the design and features of a particular home.

Site Plans:

The site plans displayed on this Website are for general illustration purposes only and are not binding in any way. Neighborhood features, home site layouts, and home site sizes are approximate and subject to change without notice.

SMart Living™

The availability of SMart Living™ features varies based on region, neighborhood, and specific home designs.

While the SMart Living™ features and products may include statements regarding performance results and health benefits, such statements generally have not been independently verified.  Stanley Martin makes no representations or guarantees regarding the benefits of any SMart Living™ features and products.

Energy Savings

Any statements regarding energy usage or energy savings are estimates developed by third parties.  Stanley Martin makes no representations or guarantees regarding the accuracy of these statements. Energy savings will vary due to many variables, including differences in utility rates and fees, the actual construction of the home, the floor plan, appliance usage, thermostat settings, weather conditions, number of individuals occupying the home, how the home is used, and orientation of the home. Gas utilities and appliances may not be available in some communities, and estimated energy costs may reflect electric utilities in those communities. Stanley Martin makes no guarantee of savings or efficiency that will be achieved by a homeowner in a particular home.

ENERGY STAR®

In some markets, Stanley Martin offers ENERGY STAR® Certified homes.  See a Neighborhood Sales Manager for availability.

HERS®

The HERS® Index Scores provided on this Website are projected scores determined by pre-construction modeling of house-specific architectural plans performed by a third-party service provider.  This is done using the REM/Rate™ software, which rates a home's energy efficiency. The confirmed HERS® Index Score is determined after a home is completed, with each Stanley Martin home scored individually. A specific home, as constructed, may have a HERS® Index Score lower than the projected score. The confirmed HERS® Index Score is noted on the HERS® Certificate that will be delivered with the home.

Supplier/Third Party Videos: 

Videos showing certain products or devices are produced by the supplier of that product or service or by third parties.  The videos may show products or devices that are not included in the SMart Living™ program.


SPECIAL OFFERS AND INFORMATION:

General Offers and Promotions

In With The New - Interest Rate Incentive: For a limited time, a special “2-1 buydown” of interest rates is available to buyers of our move-in-ready homes that close by, 2024, using First Heritage Mortgage (FHM) as the lender. This offer is available for non-contingent new sales only.

The following “2-1 buydown” financing example is based on a conventional conforming 30-year loan product with a 2-1 buydown, on a home with a sales price of $750,000, a loan amount of $600,000, a 20% down payment, and a stated interest of 6.625%: The interest rate would be 4.625% for year one, resulting in principal and interest payments of $3,084.84/month; 5.625% for year two, resulting in payments of $3,453.94/month; and 6.625% for year three and subsequent years, resulting in payments of $3,841.87/month. The APR in this scenario is 6.675%.

The payment amounts shown above do not include real estate taxes, mortgage insurance, and hazard insurance, which will vary based on location, credit score, and choice of insurer. Rates, principal and interest payments, and APR shown in the example above are as of 12/19/23, based on a borrower with a credit score of 760 and above and a 35-day lock. These are not guaranteed and will vary based on credit criteria, final loan amount and current market pricing. Rates may vary based upon dates of loan application and rate lock. Seller contributions, including those covering the 2-1 buydown cost, of up to 6% as allowed based on applicable mortgage guidelines. Financing by First Heritage Mortgage, Company NMLS ID #86548 (www.nmlsconsumeraccess.org). Not available in all neighborhoods. See a Stanley Martin Neighborhood Sales Manager for details.

Division Specific Offers and Promotions

Maryland

MHBR No. 3588

Northern Virginia

No special information.

West Virginia

Sales by The Bryan Group, LLC, agents for Seller, Richard W Bryan, Broker, WV0028537, 703.967.2073.

Richmond, Virginia

No special information.

Charlottesville, Virginia

No special information.

Raleigh, North Carolina

No special information.

Coastal Carolinas (North Carolina and South Carolina)

No special information.

Charlotte, North Carolina (and South Carolina)

No special information.

Greenville/Spartanburg, South Carolina

No special information.

Columbia, South Carolina

No special information.

Charleston, South Carolina

No special information.

Aiken, South Carolina / Augusta, Georgia

Move In Bundle Incentive: This incentive is (i) only available on homes closed on or before 03/29/2024, (ii) only available (and may vary) as to specific communities, homesites and house types. GE Refrigerator, washer and dryer style and model may vary per homesite and will be selected by Stanley Martin Homes. Photos are used for illustrative purposes only. Prices, features and incentives are subject to change without notice and may be subject to other restrictions. See a Neighborhood Sales Manager for details. Stanley Martin Homes, LLC.

Atlanta, Georgia

No special information.

Orlando, Florida

5.99% Fixed Rate and Closing Cost Incentives Offer: Receive a 5.99% fixed interest rate plus closing cost incentives up to $10,000 on select quick move-in homes.  Program terms, rates, and conditions are subject to change without notice. All products are subject to credit and property approval. All loan terms and rates are subject to final lender approval. This is not a commitment to lend. All products are subject to credit and property approval. FBC Mortgage, LLC (“FBC”) is not acting on behalf of or at the direction of FHA/HUD/VA or the federal government. FBC and Stanley Martin Homes are not affiliated and have no shared ownership. Borrower is not required to finance through FBC, but must use FBC in order to receive this incentive. www.nmlsconsumeraccess.org.  The closing cost incentives offer is valid for new contracts on select homes signed through December 31, 2023.

The following scenario is an estimate only and is based on a borrower with a 640 FICO score who obtains a 30 year (360 months) FHA fixed-rate mortgage at a sales price of $450,000, loan amount of $441,849, 96.5% LTV: A rate of 5.99%, and APR of 6.712%, would result in a principal and interest payment of $2,646 per month. This payment scenario does not include taxes, insurance, or homeowners’ association fees (if applicable) and the actual payment obligation may be greater.

The 5.99% rate offer is based on a builder-paid forward commitment to buy down the market rate. The forward commitment is available on government-insured loans only and is subject to availability of funds, which is confirmed with a full loan approval and rate lock. Homes must close prior to forward commitment expiration date to qualify; see your Stanley Martin Homes representative for further details on expiration terms. This forward commitment requires a minimum credit score of 640; exceptions may apply for lower scores.

Offer is not transferable, not exchangeable and has no cash value. Void where prohibited. This offer must be presented at initial application to be valid. For more information on closing costs covered or the closing cost credit offer, please contact your mortgage loan originator for details. Get an official Loan Estimate before choosing a loan. FBC Mortgage, LLC, NMLS# 152859. Corporate Office: 189 South Orange Ave. Suite 970, Orlando, FL 32801. See a Neighborhood Sales Manager for details.