$999 Down Made Buying a New Home a Reality for Single Homebuyer at Pardee's LivingSmart Homes

    BEAUMONT, CA, November 10, 2011 /24-7PressRelease/ -- Pardee Homes is pleased to continue offering a home buyers program that puts a new home within reach for just $999 down at its popular LivingSmart Homes neighborhoods in Beaumont and Lake Elsinore. And the program really does work, according to recent homebuyer Gary Cook who gave in to the lure of the signs in Beaumont advertising the program.

"I had a little money saved and wanted to buy a home for four or five years," said Gary Cook, who moved into his new LivingSmart home in August. "I saw the sign advertising the down payment and didn't believe it was true that I could buy a new home for $999 down. I was pleasantly surprised, because it really was just $999 down. Buying a home from Pardee was hassle free because they meant what they said. Plus, the sales team was caring, trustworthy and knowledgeable. I am 100 percent satisfied."

According to Pardee Homes, this amazingly low down payment is available with an FHA loan and qualification in the CHF Platinum Program, a grant that gives you all but five percent of your down payment. This example, of a $999 down payment (after CHF grant) or 5% down, is for a single-story LivingSmart home priced at $199,800. Pardee also pays the closing costs for first-time and move-up California homebuyers who qualify for the grant and a FHA mortgage available through Bank of America.

The down payment offer is based on an FHA mortgage with an interest rate of 5.25% (6.083% APR) for a 30 year term and a monthly principal and interest payment of $1,075.33 for a new Plan 1 home at LivingSmart Homes.

Gary Cook is just one of the many homebuyers who have taken advantage of the program, and found that they got more than just a new home. "I love Tournament Hills," said Cook. "It seems like I am somewhere else, away from everything. I love the lake and can't wait to walk out my front door and go fishing. And my house is great, too. The LivingSmart features help me conserve electricity and keep my bills down."

With a total of eight floor plans to choose from in two distinct master-planned communities, there is certainly something for every type of homebuyer at LivingSmart Homes. One- and two- story floor plans range from three to seven bedrooms, two to four baths with two- and three-bay garages and approximately 1,132 to 3,099 square feet. Ingenious touches such as gourmet kitchens with slab granite and stainless steel appliances are complemented by a host of room options such as media niches, extra bedrooms, fireplaces, garage workshops, master bedroom decks and a four-bay garage in select plans.

Priced from the high $100,000s, the LivingSmart Homes are brimming with a wealth of features and recent updates include the addition of several new standard features such as sleek matching master bath mirrors, contemporary sinks and furniture-style cabinetry. Other features include designer-selected interior light fixtures and architecturally specified recessed lighting, separate interior laundry rooms and spacious master bedroom suites with luxurious bathrooms, private dressing areas and walk-in closets. To make buying a new home even easier, Pardee offers a variety of optional features including value kitchen packages, home wiring packages, bath fixture bundles and LivingSmart packages.

Standard energy-efficient features include Energy Star rated dishwashers, low-E spectrally selective glass windows, fluorescent lights in select recessed cans, dimmer switches and occupancy sensors, and radiant barrier roof sheathing. Buyers can also add such earth-friendly options as roof-integrated solar electric power systems, high- efficiency air filtration systems, tankless water heaters, WaterSmart controllers for landscape, reverse osmosis water system in the kitchen, central vacuum systems, and more. Energy efficiency in a LivingSmart home exceeds California's Title 24 criteria, already the toughest in the nation.

As the top selling new home community in the Inland Empire last year, LivingSmart Homes received multiple industry and consumer awards, including SoCal Awards Community of the Year and Southern California Consumers Choice Award.

Tournament Hills in Beaumont has a gorgeous private lake and about seven acres of park space, walking trails, picnic areas and a new elementary school. Additionally, the LivingSmart Homes' enclave adjoins the Morongo Golf Club at Tukwet Canyon, home of the Southern California PGA, with two 36-hole championship courses.

Canyon Hills offers homeowners trails, parks, schools, convenient shopping and two residents-only recreation centers with beautiful swimming pools, not to mention its proximity to all the great recreational activities that make Lake Elsinore popular with boat enthusiasts, skydivers, wakeboarders and cyclists.

For more information about Pardee Homes and LivingSmart Homes, visit www.pardeehomes.com or call (888) 4PARDEE. To visit the models at Tournament Hills in Beaumont, exit I-10 at Oak Valley Parkway and go west, then follow the signs to the models. To visit the models at Canyon Hills in Lake Elsinore, exit I-15 at Railroad Canyon Road and go east 2.5 miles. Turn right on Canyon Hills Road and follow the signs.

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