SAN DIEGO, CA, October 04, 2012 /24-7PressRelease/ -- Pardee Homes is pleased to offer a home buyers program that puts a new home within reach for just $999 down. The program is available at their attainably-priced LivingSmart Homes neighborhoods in master-planned Tournament Hills in Beaumont.
"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," explained Peter Altuchow, regional director of sales for Pardee Homes. "This example, of a $999 down payment, is for a beautiful, new single-story LivingSmart home priced at $199,800. We pay the closing costs for first-time and move-up California homebuyers who qualify for the grant and a FHA mortgage and the buyer pays just $999 down. This is an incredible opportunity for home buyers to take advantage of historically low interest rates as well as affordable home prices like those at our LivingSmart Homes Lakeside and Tournament Hills.
According to Pardee Homes, the down payment offer above 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.
With a total of ten floor plans to choose from in two distinct single-family home neighborhoods, there is certainly something for every type of homebuyer at Tournament Hills. One- and two- story floor plans range from three to seven bedrooms, two to four baths with two- and three-bay garages and approximately 1,296 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. These high-performance, energy efficient LivingSmart Homes 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.
Priced from the high $100,000s, LivingSmart Homes Lakeside and Tournament Hills are both located in the gated, golf-course community of Tournament Hills in Beaumont. The community boasts a gorgeous private lake and about seven acres of park space, walking trails, picnic areas and a new elementary school. The enclave adjoins the Morongo Golf Club at Tukwet Canyon, home of the Southern California PGA, with 36-holes in two masterfully-designed courses.
Established in 1921, Pardee Homes is one of the largest building companies in California and noted for energy-efficient building practices, quality construction, customer satisfaction and dedication to the educational and civic goals of the communities in which it builds.
For more information about Pardee Homes and LivingSmart Homes, visit www.pardeehomes.com or call (951) 264-0127. 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.
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