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
Blue Ticket Event: Homebuyers may be required to use First Heritage Mortgage as lender to qualify for certain incentives offered during this event. 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).Incentives may vary by neighborhood. Prices, features, and incentives are subject to change without notice. Certain other restrictions may apply. See a Neighborhood Sales Manager for details. © Stanley Martin Homes, LLC | MHBR #3588
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
Grove 98 and Magnolia Square Financing Offer: Financing based on a 30-year fixed conventional loan, with an interest rate of 7.480%, 7.736% APR, and sales price of $325,000 and 5% down payment. With lender paid mortgage insurance, the monthly payment assumes the base sales price of the community which includes principal, interest, estimated real estate taxes, and insurance. In year 1, the borrower’s payment is based on a 2% reduction from the original note rate. In year 2, the borrower’s payment is based on a 1% reduction from the original note rate. In the third year, through the remaining term of the loan, the payment is structured at the original note rate. Monthly payment includes homeowner’s association and condominium dues. Criteria for loan program qualification and interest rates on loan programs will vary based on credit criteria, final amount of down payment, and are subject to current market pricing. APR may vary depending on rate and final loan program. The financing used in this example is based on a conforming loan product and applies only to loan amounts that are $280,155 or less. Loan amounts over $280,155 are subject to additional costs/pricing. Rates are effective 02/29/2024 and subject to change without notice. Financing terms and payment applicable only to purchasers using First Heritage Mortgage, LLC and First Excel Title South, LLC. Stanley Martin Homes has a Controlled Business Arrangement and ownership interest in First Heritage Mortgage, LLC and First Excel Title South, LLC and may benefit financially from your use of First Heritage Mortgage, LLC and First Excel Title South, LLC. Certain restrictions may apply. Prices, offers and financing are subject to change without notice. Certain other additional restrictions may apply. See a Neighborhood Sales Manager for details. | First Heritage Mortgage, LLC |www.nmlsconsumeraccess.org | Fairfax, VA: Company NMLS ID# 86548 | ©Stanley Martin Homes, LLC | 03/2024 | A-11618
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
No special information.
Atlanta, Georgia
No special information.
Orlando, Florida
5.5% Fixed Rate and Closing Cost Incentives Offer: Receive a 5.5% fixed interest rate plus closing cost incentives up to $8,000 on select 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. Special financing rate offered by Stanley Martin Homes (SMH) when the eligible home is financed with First Heritage Mortgage. Buyers must purchase a home with Stanley Martin and finance with First Heritage Mortgage with an FHA or VA mortgage loan to qualify.
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 $330,000, loan amount of $324,022, 95% LTV: A rate of 5.5%, and APR of 6.252%, would result in a principal and interest payment of $1,839.76. This payment scenario does not include taxes, insurance, or homeowners’ association fees (if applicable) and the actual payment obligation may be greater.
The 4.99% rate offer is based on a builder-paid forward commitment to buy down the market rate. The forward commitment is available on FHA and VA 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 580; exceptions may apply for lower scores.
Stanley Martin Homes has an affiliated business arrangement with First Heritage Mortgage, LLC (FHM) and may benefit financially from the use of its services. Terms and conditions apply. All approvals subject to underwriting guidelines. Rate effective 04/10/2024, is available for a limited time, and subject to change without notice. Prepared 04/10/2024. First Heritage Mortgage, LLC is an Equal Housing Lender. Company NMLS ID #86548 (www.nmlsconsumeraccess.org)
