Program is contingent upon the parties’ entry into binding contracts for the flood-damaged property and the new Quick Move In Home in Meyerland. Free appraisal to be provided by Forrest Craddock, Real Estate Appraiser with Encore Appraisal Group, Ltd. (“Appraiser”), an independent, third-party appraiser who is not affiliated with Meritage Homes. Meritage Homes makes no representations or guarantees regarding the value of the flood-damaged property. “Adjusted appraised fair market value” means the fair market value of the flood-damaged property as determined by Appraiser or other appraiser approved by Meritage Homes in its sole discretion, minus the costs to remove all structures and debris from the flood-damaged property, as determined by contractors/subcontractors selected by Meritage Homes, in its sole discretion. Closing costs for the flood-damaged property shall be charged to and paid by the applicable party in accordance with customary practices. The amount of any credit from the closing of the flood-damaged property applied toward the purchase of a new Quick Move In Home in Meyerland shall be equal to the net proceeds payable to owner for the flood-damaged property after satisfaction of all liens and encumbrances affecting the flood-damaged property and payment of applicable closing costs. Owner retains all rights to any pending insurance claims and proceeds there from. Program void where prohibited by law and shall be limited in all events to the specific terms set forth in the binding contracts for the applicable properties. Meritage Homes reserves the right to cancel or change this program at any time, without prior notice or obligation. Visit http://www.meritagehomes.com/featuredescriptions for information and disclaimers about energy-efficient features and associated claims. Pictures and other promotional materials are representative and may depict or contain elevations, options, upgrades, landscaping, and designer/decorator features and amenities that are not included as part of a particular home. Home and community information is subject to change, and homes to prior sale, at any time without notice or obligation. Not an offer or solicitation to sell real property. Offers to sell real property may only be made and accepted at the sales center for individual Meritage Homes communities. See sales associate for details. Meritage Homes®, Setting the standard for energy-efficient homes® and Life. Built. Better® are registered trademarks of Meritage Homes Corporation. All rights reserved.