JBR Properties, LLC

is proud to announce the approval of our project

Animas Cliffs Condominiums

for financing through the USDA. This unique program offers very competitive loans to home buyers in rural communities. Its purpose is to assist the working people, homeownership where it is normally out of reach. We are proud of our ability to bring this program to you, and hope you take the opportunity to reap its benefits. We invite you to visit our project in the beautiful Animas Valley. Phase 1 is complete and ready for occupancy,

Income limits as listed in USDA Rural Development Direct Loan Program

http://www.rurdev.usda.gov/CO/sfh-direct.htm

Single Family Housing Section 502 Direct Income Limits

                                    Program                        1 Person                       2 Person

La Plata County             Very Low                       $23,150                        $26,500

                                       Low                            $37,050                        $42,350

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Example Model

Example is used for comparison purposes only, actual rates and terms may vary based on actual condo purchased, upgrades, applicant’s qualifications and current market conditions. Example uses the comparison of purchasing a condo at Animas Cliffs Condos under USDA direct loan program versus conventional financing, based on 1% interest (rate currently available) for USDA and 5% interest for Conventional Loan.

USDA Direct Loan Program                      Conventional Loan

Condo Purchased for                               $149,900.00                                          $149,900.00

Down Payment Amount                                           0                             20%         $29,980.00

Financed Amount                                    $149,900.00                                          $119,920.00

Interest Rate                                                         1%                                                      5%

Finance Period                                            33 Years                                               30 Years

Monthly Mortgage Amount                             $444.58                                                 $643.76

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Benefits of Home Ownership

Interest is deductible on your income taxes (no deduction for rent)

Increase your equity instead of your landlords (put money in your pocket)

Enjoy the potential appreciation in value that real estate offers (invest in your future)

Pride of ownership (take pride that you are now a homeowner)

Information above is provided courtesy of JBR Properties, LLC and is solely responsible for its content. Its use is strictly for comparison and informational purposes only. Qualifications for application lie strictly with the lender. Certain rules and restrictions apply to the federal stimulus $8,000 tax credit.