$8000 Tax Credit Available to First Time Home Buyers at the Courtyards!

That’s right! First time home-buyers at the Courtyards are eligible to receive the Federal Government’s $8000 tax credit! In order to receive this wonderful incentive you need to officially own your home by December 1, 2009. Don’t forget, it takes some time for us to build your dream home, so hurry into the Courtyards Sales Center today or contact Scott Phillips at (216) 373-6959 or ScottPhillips@howardhanna.com.

Who is eligible?

Eligible people must not have had ownership interest in a home in the past three years. They must take ownership in their new home by December 1, 2009. Finally, the adjusted gross income must be less than $95,000 for an individual or $170,000 for those filing jointly.

How does it work?

You receive a tax credit when you file your 2009 tax returns of 10% of the sales price of your home (maximum tax credit of $8,000). Tax credit does not have to be repaid as long as you own the home for at least 3 years. Earn your tax savings during your first year of home ownership!

Physician's Plus Program: A Mortgage Solution for Medical Residents

Howard Hanna Mortgage is proud to present the "Physician's Plus Program" to the Courtyards of Cleveland Heights Buyers working in the medical field! This unique mortgage program is designed exclusively for intern and resident doctors, with good credit, but limited assets and high student loan debt.

You can save money with Low Down Payment and No Mortgage Insurance. With the incredible flexibility to borrow up to 95% of your purchase price, we’ve reduced the down payment pain associated with home ownership. Your days as an intern or resident can be tough, so you’ll appreciate the ease of bringing less cash to closing while also reducing your monthly payment by eliminating the need for mortgage insurance.

How about Financial Flexibility? In addition to a low down payment, funds used towards making the down payment or closing costs can come from different sources, such as gifts from family members or grants from an employer. Also, the seller or builder of the property can contribute up to 3% to pay certain closing costs or fees.



For more information on this program and to see houses at The Courtyards, call Scott Phillips at 216.696.4800 or email ScottPhillips@howardhanna.com.

The Courtyards Offers New Pricing Incentives!

When the times get tough, great builders need to get tougher! The Coral Company has announced exciting price reductions on existing homes at the Courtyards to help YOU get moving now! Coupled with our FULL 7 year tax abatement and the current $8000 tax credit for first time home-buyers, it's clear that NOW is the time to buy a new home at the Courtyards. For more information, email ScottPhillips@howardhanna.com.

New Prices:
Beethoven Model - From $199,000
Mozart Model - From $289,000
Chopin Model - From $299,000

Included Features consist of and are not limited to: granite countertops, hardwood floors, vaulted ceilings, maple cabinetry, GE appliances & much more!

The Courtyards: Mozart, Chopin, Beethoven and Vivaldi

The Mozart:
If you are looking for a three bedroom, open floor plan with plenty of living space then the Mozart is the place for you. As you enter the Mozart, you will be overwhelmed by the enormous grand room, which includes the living room, dining room, and kitchen. Off to the side of the grand room is an office/den. Also on the ground level is a charming master suite and master bathroom. For your convenience, the laundry room is located right next to the master suite, and just like the rest of the units in the Courtyards, the Mozart offers a two-car garage. As you walk up to the second level, it consists of a loft area followed by two spacious bedrooms, and one full bath.


The Chopin:
What makes the Chopin so unique is that it offers homeowners a spacious but cozy place to live. As you enter the Chopin, it provides you with an enchanting living room and dining room. Connected to the grand room is an updated kitchen, along with a breakfast nook. Adding to the kitchen is a bar/butler’s pantry, which provides you with additional space for entertaining/storage/cooking. Also, located on the ground level is the master bedroom, which includes plenty of closet space and a beautiful master bathroom. A private and enjoyable terrace can be accessed off both the kitchen and the master suite. The second floor of the Chopin provides you with two lovely bedrooms or even an office if needed, along with a full bath.

The Beethoven:
The Beethoven is a three-story town home with an open floor plan, which provides residents with an enjoyable place to live. The ground floor provides plenty of storage space along with a two car-garage. The second level, which is the main living level, is a massive grand room, which consists of a modernized living room, dinning room, and kitchen. Attached to the kitchen is a gracious outdoor deck, which is fabulous for entertaining. Finally, the third floor adds to the comfort of this home by providing residents with an exquisite master suite and bathroom. This floor also contains another bedroom and bathroom along with a laundry space, and plenty of closet space.

The Vivaldi:
The Vivaldi is a three-story town home with a unique urban and modern style. As you enter the main floor through the foyer, you will find a bonus room, which can be used for entertaining, an office, or even a third bedroom. Also located on the ground level is a two-car garage. As you walk up the stairs to the second level, you will find on the one side a marvelous updated kitchen and dining room, along with a sun deck, which is fantastic for anyone who loves to cook and is great for entertaining. On the other side of the second floor is a spacious living room. Located on the third floor is the master bedroom, which includes a spacious walk in closet and a master bathroom. Also on the third floor is the second bedroom and bathroom. Finally, the laundry closet is conveniently located on the third floor as well.

For more information on living at the Courtyards, call Scott Phillips, Howard Hanna Real Estate, at 216.986.7716.

Cleveland Heights Tax Abatement at the Courtyards

What are you looking for in a new home?

Proximity to University Circle - CHECK!

Little Italy Dining - CHECK!

Trendy restaurants in nearby Coventry - CHECK!

A short commute to Downtown Cleveland - CHECK!

Quality construction from a highly regarded builder - CHECK!

Right when you thought living at the Courtyards was too good to be true, the city of Cleveland Heights expanded another feature for you- tax abatements! Cleveland Heights is providing all purchasers of new homes at the Courtyards with a seven (7) year property tax abatement. This abatement is transferrable upon re-sale and starts the day you get the keys to your new home.

To place perspective on these savings, consider that the owner of a $318,000 home on Chatfield Drive in Cleveland Heights would pay over $9,000 ANNUALLY in taxes!

For more information on living at the Courtyards, call Scott Phillips, Howard Hanna Real Estate, at 216.986.7716.

Welcome to the Courtyards

Welcome to The Courtyards, the largest new Cleveland Heights neighborhood in generations. Once part of the original 180 acre estate of Cleveland business tycoon and patron of the arts, John L. Severance, this property is being transformed into The Courtyards, a prestigious community of 68 exquisite townhomes arranged around European-style courtyards.

The Courtyards boasts five award-winning three-story and first-floor master suite floor plans, that are just minutes from University Circle and all its world-class cultural centers, the Cleveland Clinic, University Hospital, Coventry and Cedar-Lee restaurants and shops and many other city amenities that are too many to mention.

Located on Mayfield Road east of South Taylor in Cleveland Heights, this stunning community combines the charm and diversity of the area’s traditional neighborhoods with the benefits of quality new construction, prime location, and 100% maintenance-free lifestyle, affording you exceptional value and more time for your family, friends, and leisure time activities.

For more information on the Courtyards, contact Scott Phillips Jr., Howard Hanna Real Estate, at 216.986.7716.