KLM Builders has six luxurious models for sale: Four at Sunset Ridge Estates in Richmond, one at Thousand Oaks in Spring Grove, and one at Forest Ridge Estates in Spring Grove.
Any of the six model homes come with the option to lease back to the builder and move in later, said Kim Meier, owner of KLM Builders, Inc.
If you choose the leaseback option, KLM Builders will continue to use your purchased home — for an agreed-upon length (up to 24 months) — as a showcase model that visitors can tour. In exchange, KLM will pay you a monthly rent that equates to approximately an 8 percent return on your investment.
One model home is now available for immediate occupancy with the leaseback option at Thousand Oaks in Spring Grove:
*The Brentwood, a ranch located at 9480 Bellaire Lane, boasting four bedrooms, three-and-one-half baths, den, and more than 5,500 square feet, is priced at $799,000 (reduced from $1.049 million).
Forest Ridge Estates in Spring Grove also has a model home now available for immediate occupancy with the leaseback option:
*The Barrington II, a ranch set at 3406 Forest Ridge Drive, featuring three bedrooms, three-and-one-half baths, den, and over 5,000 square feet; originally priced at $699,000, is now available for $499,000.
For more information on Thousand Oaks or Forest Ridge Estates, call (815) 675-0011 or visit KLMBuildersInc.com.
Meanwhile, four models are ready for immediate delivery with leaseback at Sunset Ridge Estates in Richmond:
*The Adams, a ranch located at 10613 Hunt Club Road providing three bedrooms, three baths, and 2,512 square feet, is priced at $289,000.
* The Monroe, a two-story home set at 10701 Hunt Club Road offering three bedrooms, two-and-one-half baths, and 2,508 square feet, is priced at $269,000.
*The Madison, a two-story home at 10609 Hunt Club Road featuring four bedrooms, two-and-one-half baths, and 2,800 square feet, is priced at $319,000.
*The Lincoln, a ranch located at 10605 Hunt Club Road providing three bedrooms, three baths, and 3,082 square feet, is priced at $389,000.
Additionally, despite the government’s home buyer tax credit expiring on April 30, KLM Builders is extending its own tax credit promotion through May 30, 2010, which means that first-time and repeat buyers will get, respectively, $8,000 and $6,500 off the purchase of any Sunset Ridge Estates home (consult a KLM sales professional for full details).
Sunset Ridge Estates is located on Route 173, just east of Route 12 (Rand Road). Hours are 10 a.m. to 5 p.m. weekdays and 11 a.m. to 5 p.m. weekends. For more information, call (815) 678-4018 or visit KLMBuildersInc.com.