^See khov.com for complete specifics. Present relates to pick homes. Home must within reach five/31/24. Full value of the incentives could be nearly $20,000 and can't be combined with other features and may be placed on financing incentives, upgrades, possibilities, closing expenses and/or home price reductions. Seller contribution limitations could implement and may impact most financing. Optimum closing Expense guidance may change depending on the purchase price tag, item, and occupancy. Seller is just not a lender. A portion of incentives and/or closing expenditures are based upon the usage of affiliated lender, K. Hovnanian American Mortgage, L.L.C. (“KHAM”) for funding or an all cash acquire. If KHAM or all cash is just not utilized, the incentives (aside from a home value reduction) is going to be diminished from the increased of $ten,000 or three% of the acquisition price. The home cost reduction incentive is unrelated to and distinctive from another incentives provided and doesn't demand the use of KHAM for financing to obtain the value reduction incentive. The checklist rate for specific homes may already mirror a base income price tag reduction and/or could possibly be issue to prior sale.
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