Quadrant Homes Launches New Program to Help Homebuyers Take Advantage of Buyer's Market

"We've put together a program unlike any other to help potential homebuyers afford a new home," Quadrant Homes Executive Vice President of Sales and Marketing, Ken Krivanec said. "By partnering with Wells Fargo Home Mortgage and Quadrant Home Loans, we are able to offer monthly mortgage payments as low as rent payments in the area. And although the housing market has changed, we believe people still want to take advantage of homeownership while it's a buyers market."

The program is simple and works like this: Quadrant is permanently buying down interest rates for its buyers which locks-in an affordable payment for 30 years. Payments vary by community, but regularly range between $800 and $1200 a month. Details are available at QuadrantHomes.com/yes or by calling 1-866-78HOMES.

"This market is not a doom and gloom one for a new homebuyer," advised Krivanec. "Instead, now is the time for potential buyers to take advantage of the unique combination of low interest rates and incentives we can offer."

"Quadrant is still building new homes and delivering them to new homeowners every day. And with this program, people can actually get into these new homes instead of paying rent or waiting to see if the prices will drop on used homes," concluded Dave Mozzone, Quadrant Homes Vice President of Construction.