Quadrant Homes Announces Innovative 3-Year Lease Guarantee Program, Allowing Qualified Homebuyers to Take Advantage of One of the Best Buyer's Markets in Decades

BELLEVUE, Wash., Nov. 8, 2011 /PRNewswire/ -- Quadrant Homes announced today the Quadrant Smart Move Advantage program, offering qualified homebuyers who purchase a new Quadrant home a three-year lease guarantee on their existing home. For homebuyers, that means a guaranteed rent payment every month, allowing people the freedom to buy the home of their dreams now and sell later.

The Smart Move Advantage program is the newest addition to what Quadrant Homes calls its Quadrant Customer Assurance Package.  This collection of innovative offerings aims to boost consumer confidence and remove the hurdles facing today's homebuyers, allowing them to take advantage of one of the best buyer's markets in decades. In addition to Smart Move Advantage, the package also includes Quadrant's mortgage payment protection program, homebuyer solutions and the Quadrant Built Your Way Promise.

"We understand that selling and buying a home is challenging in this market," Quadrant Homes President Ken Krivanec said. "With programs like Smart Move Advantage, we're working with our customers to help them find ways to make the buying process easier and provide them peace of mind about this very important decision. With the safety net of a guaranteed lease on their existing home, mortgage payment protection in case of involuntary job loss and our innovative Built Your Way promise, we want homebuyers to know that we're with them every step of the way and that they can buy with confidence in today's market."  

Quadrant Customer Assurance Package

The Quadrant Customer Assurance Package includes four distinct programs.

• Smart Move Advantage. Under the terms of this program, qualified homebuyers who purchase a new Quadrant home receive guaranteed rent for three years. Whether or not there is a tenant, homebuyers receive their rent no matter what – even if the tenant doesn't pay. And everything is taken care of – from advertising the property as a rental to screening potential tenants to maintaining the property. Even gas and electric bills are covered under this program.
• Mortgage Payment Protection. Quadrant Homes offers every qualified buyer the benefit of 24 months of mortgage payment protection upon closing. Should the homebuyer involuntarily lose their job during that time period, Quadrant Homes will cover up to six months of payments (up to $2,000 or $2,500 depending on the Quadrant community). These payments include principal, interest, taxes and insurance paid directly to the lender.  
• Homebuyer Solutions. Quadrant Homes offers potential homebuyers a free personal credit analysis and consultation. In just a few minutes, Quadrant's homebuying credit consultants can help potential homebuyers discover their purchasing power, how much house they can afford and determine what the monthly payment on that house would be. This credit consultation is increasingly important as consumers explore ways to tap into today's historic low mortgage rates.
• The Quadrant Built Your Way Promise. If a homeowner isn't completely satisfied with their home on completion, or if it was not built to their order, they don't have to buy it, period.

For complete terms of the Quadrant Smart Move Advantage program, please visit (http://www.quadranthomes.com/smart-move-in/).  

About Quadrant Homes

Quadrant Homes, a subsidiary of Weyerhaeuser Real Estate Company, has been an award-winning Puget Sound homebuilder for more than 40 years, and has built homes for more Washington State residents than any other builder. Quadrant's unique Built Your Way approach to homebuilding gives homebuyers the ability to customize their homes by choosing the layouts, features and finishes that matter most to them.

Quadrant Homes received the Guildmaster Award for exceptional customer satisfaction in 2010 and 2011, and has been named Builder of the Year in 2004 by the Master Builders Association of King and Snohomish Counties. Quadrant has also been designated as a qualified ENERGY STAR® builder by the Environmental Protection Agency.

Quadrant Homes is currently building or developing new-home communities in King, Snohomish, Pierce, Thurston, Kitsap, and Skagit counties.

For more information, visit Quadrant's Web site (www.quadranthomes.com), (www.twitter.com/quadranthomes) and (www.facebook.com/quadranthomes).

SOURCE Quadrant Homes