Pardee Homes Introduces Program to Help Home Shoppers Overcome Home Buying Obstacles

    SAN DIEGO, CA, June 17, 2011 /24-7PressRelease/ -- With home prices dropping and interest rates still at record lows, home shoppers are out in force once again, looking for that dream home and hoping to put together all the pieces to make it happen. Buying a home today is not as simple as it was five years ago, so Pardee Homes has introduced HomewardBound, a program designed to clear the path to home ownership.

"Obstacles like poor credit, no credit, foreclosures, high debt ratios and an inconsistent employment history are hurdles that can put the dream of home ownership just out of reach," said Gary Probert, Vice President of Sales for Pardee Homes. "These types of obstacles can make it difficult to qualify for a loan, but there are solutions, and one way is to participate in Pardee's HomewardBound program. This is a free program available for Pardee Homes' home buyers and can be easily put into action by going to our website at or calling our online sales counselor at (858) 342-8797."

One of the ways that Pardee Homes helps clear the path to home ownership is by providing a free initial credit analysis. With that in hand, a program can be created that may include budgeting assistance, a savings plan, credit enhancement or repair, and if needed, the assistance of an independent, third party credit advisor who can help the buyer maximize their credit score and correct reported errors. Statistically, buyers who work with eCredit Advisor see a 30 to 80 point increase in their FICO score in a span of two to five months; with a three-cycle program there is currently an average increase of 64 points on a mid-credit score.

HomewardBound can help a home shopper establish a program for regular savings to help them reach the down payment needed to qualify for a mortgage or provide a fresh approach to a disciplined budget that may be the key to getting their credit where it needs to be to buy a home. Some services require a small fee which is reimbursable at the close of escrow.

"If you hope to buy a home soon there are steps you can take in advance to make sure you're in the best possible position when you find your dream home," said Probert. "That's what Homeward Bound is all about; helping prepare you for some of the most important decisions you will make and making sure you are financially positioned to avoid obstacles."

Celebrating 90 years in the home building business, Pardee Homes builds new homes and communities for first-time through luxury home buyers. It was among the first to embrace master planned community concepts, green home building measures, environmentally sensitive development practices and customer-focused processes for new home purchase. Pardee Homes builds throughout Southern California and in Las Vegas, Nevada.

In the San Diego area, Pardee Homes currently has six new home neighborhoods offering new homes for sale including resort-style townhomes at Highlands Village in Carmel Country Highlands and single-family detached homes at Bridle Ridge and Carriage Run. In nearby Pacific Highlands Ranch the final homes are now selling at Manzanita Trail and the company recently celebrated the grand opening of Hampton Lane. New homes are also available at Terramar in Torrey Highlands.

In the Inland Empire, Pardee Homes currently has one new home neighborhood offering single-family detached homes for sale in Beaumont--LivingSmart Homes at Tournament Hills, and two in master-planned Canyon Hills in Lake Elsinore--Silverthorne and LivingSmart Homes.
LivingSmart Homes are priced from the high $100,000s at Tournament Hills, which features gated, golf-course living and a scenic lake, walking trails and an elementary school. Canyon Hills in Lake Elsinore is a recreation-oriented community with two private recreation centers with swimming pools, tot lots and open space, plus a public park with tennis courts, nearby schools and convenient shopping. Pricing for new homes in this community is from the low $200,000s.

For more information visit www.pardeehomes.com.

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