Guarantees Rent on Your Existing Home for Up to Three Years

Los Angeles, Calif., April 17, 2012 –  Qualified homebuyers who purchase a new home from Pardee Homes are guaranteed rental income on their existing home through the ‘Smart Move Advantage” company.  This exciting new program will enable home shoppers to move into the new home they want today while pricing and financing are still favorable.

The Smart Move Advantage program guarantees the rental payment whether or not the qualified buyer has a tenant, and even if the tenant does not pay. Smart Move Advantage also takes care of advertising the property as a rental, screening potential tenants and maintaining the property. The program also covers the property’s gas and electric bills.

“If you purchase a new Pardee home, the Smart Move Advantage guaranteed lease will provide you with the peace of mind you deserve so you can enjoy your new home without the hassles of managing your old home,” said Peter Altuchow, director of sales for Pardee Homes.  “You get a guaranteed payment no matter what that covers rents, utilities, and tenant repairs up to $1,000 and maintenance.”

The Smart Move Advantage program represents one of several steps Pardee Homes has taken to boost consumer confidence and smooth the path to new-home ownership. Through its “Homeward Bound” program, Pardee Homes also provides its prospective buyers with expert assistance on credit issues that can affect home loan availability.

Homeward Bound services include: a no-charge credit analysis; a clear determination of how much house a prospective buyer can afford; and an accurate calculation of the monthly payment on that house. The company also provides assistance with credit enhancement and repair, and budgeting for the down payment.

“The summer home selling season is almost here, so it couldn’t be a better time to get a jump on making the move to a new, energy-efficient home,” added Altuchow. “Pardee has several new home neighborhoods in the Inland Empire, including LivingSmart® Homes Tournament Hills in Beaumont, and LivingSmart Homes® Canyon Hills and Silverthorne in Lake Elsinore.  With new homes priced from the high $100,000s at LivingSmart® Homes, you will be amazed at the style and quality you will find in a Pardee home.  And with the Smart Move Advantage program as a resource, you could be on your way to living in your dream home soon.”

Celebrating more than 90 years in homebuilding, Pardee Homes creates new homes and communities for first-time through luxury homebuyers, in Southern California and Las Vegas. The company was among the first to embrace master-planned community concepts; green homebuilding measures; environmentally sensitive development practices; and customer-focused processes for new home purchase.

Pardee Homes is also widely known for its steadfast civic outreach, and for helping to bring new schools, parks and recreational amenities to its market areas. The company has earned scores of honors for customer service, green and sustainable building practices, architectural design, master-planned communities and marketing. See www.pardeehomes.com.

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