Advertised monthly payment assumes borrower qualifies for an FHA 30 year mortgage with a temporary 2/1 buydown paid by Pardee Homes resulting in an interest rate of 3.875% for year 1, 4.875% year 2 and 5.875% for years 3-30 (6.97% APR). Advertised monthly payment represents Year 1 principal and interest only payment amount (Taxes, Insurance and HOA not included). Buyers qualify at the year 3-30 interest rate of 5.875%, and not all buyers will qualify. Financed amounts for each listed neighborhood are as follows: Turnberry ($226,227), Muirfield ($258,138), Prestwick ($276,794). Rates effective 10/1/08. Rates and terms subject to change without notice. Buyer must sign standard sales agreement on or after 10/1/08 and close escrow on or before 12/22/08 and follow the terms of the agreement. This mortgage offer is only available through Pardee Home Loans; however buyer may obtain financing through any other lender. This program is subject to underwriting guidelines and is available only for owner-occupied homes. All square footage is approximate; pricing is subject to change. Landscaping, trees, shrubs and some hardscape not included in the purchase price. Information is accurate as of the date of the publication. Models do not reflect racial preference.

 Equal Housing Lender