DANBURY, CT. – Opportunities still remain for first-time homebuyers hoping to purchase a brand new residence and still benefit from the Federal Homebuyer Tax Credit at The Villages at Timber Oak, the collection of 278 townhomes and 50 duplex residences in the Fairfield County towns of Danbury and Bethel.
Six of the community’s “Immediate Occupancy” homes are expected to be completed within the next sixty days, meaning eligible first-time homebuyers who act quickly can receive up to an $8000 tax credit before it’s scheduled to end on December 1st, 2009, according to Baker Residential, developer of The Villages at Timber Oak.
Some of the community’s most popular and affordable homes — The Brice, Richmond, Franklin and Edison — are represented in the “Immediate Occupancy” residences, indicates Sales Representative Elizabeth Bauer. Each of the layouts offer three-bedrooms, two-and-a-half baths, attached two-car garage and finished basements, priced from low-$400,000’s.
“It’s the best-of-both-worlds scenario for those first-time homebuyers who want new construction homes,” Ms. Bauer points out. “In addition to receiving all that makes a brand new home desirable — including quality, modern amenities and appliances and state-of-the-art-features — these ‘Immediate Occupancy’ residences allow purchasers to benefit from government programs designed to make homeownership more affordable.
“However, the deadline for buyers to close on their home is fast approaching, meaning those seriously considering this program should act quickly.”
Approved by the Federal Housing Administration, The Villages at Timber Oak also allows homebuyers to take advantage of friendly FHA financing programs that require as little as a 3% to 5% downpayment – an added advantage for first-time purchasers.
Upon entering The Villages at Timber Oak, guest and residents are captivated by the community’s style and grace thanks to the elegant Arts & Crafts-inspired housing designs that evoke images of a small New England-style neighborhood.
Each of the impressive six housing designs come complete with standard high-end amenities such as upgraded lighting, and gourmet kitchens with breakfast areas, separate living and dining rooms and deluxe master suites with walk-in closets and tiled master baths with relaxing soaking tubs and/or separate walk-in shower.
Priced from $359,990, residences at Timber Oak range in size from 2,248 to 3,078 square feet of space and offer two-car garages, while single-family style duplex residences have full basements and townhomes offer a finished lower level.
Residents at the community relish in the state-of-the-art clubhouse which features a furnished great room with cathedral ceiling and massive stone fireplace, fully equipped exercise center and spectacular outdoor pool and tennis court. Outdoor recreation is further enhanced by Timber Oak’s impressive entry with welcoming boulevard that leads to an expansive center park and gazebo.
While The Villages at Timber Oak certainly induces a suburban, small-town feel, residents are quickly reminded the community is just a short trip to the many business, entertainment and cultural delights of New York, Hartford or New Haven. Nearby are major thoroughfares such as Interstate 84 or mass transportation options at the nearby Danbury and Bethel Railroad Stations. The community is also minutes from the shopping opportunities found in the Danbury City Center and close by shopping malls.
To visit from Route 84 E or W Take Exit 3 and follow signs for Danbury Airport. At end of exit ramp make left at light. Next light make left onto Wooster Heights. Follow to stop sign and make right onto Southern Blvd. Follow to 2nd stop sign and make left onto Mountainville Ave. Follow to end and make right onto South Street (RT 53S). Follow 53S to Bainbridge blvd on right.