The New House Unveils Its TNH 123 Program

BEAUMONT, CA and SAN JACINTO, CA--(Marketwire - May 17, 2012) - The New House built by RSI Development, an innovative and progressive Southern California homebuilding company, announced today the unveiling of The New House 123, a flexible program that allows prospective homebuyers the option to buy, lease-to-own or rent a brand new, single-family detached home. The first of The New House communities to unveil this program are located in Beaumont, Calif. and San Jacinto, Calif.

"The New House 123 is new program created in direct response to the Southern California homebuying market, designed to meet the demands of today's fluid and mobile society," said Eric VanDerHeyden, Executive Vice President of RSI Development. "With the option to buy, lease-to-own or rent, this program allows residents immediate move-in opportunities into brand new homes in vibrant and flourishing neighborhoods."

The New House has reinvented the homebuilding process by building homes in eight weeks or less, passing on significant cost savings to the consumer. As a result, The New House is able to fulfill its commitment to meet consumer demand for high-quality homes at affordable prices.

Flexible Move-in Options with Value Add

TNH 123 Program gives families the financial flexibility to achieve the American Dream of living in their own single-family detached home in a beautiful community through the following options:

• Buy: The New House sets the standard as one of the most affordable, high-quality home buying options in Southern California with the cost to buy ranging from $149,000 to $214,000;
  
  
• Lease-to-Own: Homeowners can Lease-to-Own The New House and can take up to three years before deciding to purchase by paying the monthly rent plus an additional amount of $257-$366, depending on the model. These additional funds are applied towards the down payment should the family decide to convert and own the home;
  
  
• Rent: Homeowners can choose to rent The New House for a low monthly rent and enjoy living in a brand new, single-family detached home. The cost to rent begins as low as $1,450.
  

With a commitment to creating and maintaining these neighborhoods, TNH 123 offers leasers or renters the additional benefits of front and back yard landscaping, with regular maintenance, and the installation of window coverings.

Located in the Aspen Creek neighborhood of Beaumont, there are 77 single and two-story Spanish, Prairie and Craftsman style homes available through this program. The size of the homes ranges from a 1,232-square-foot, three-bedroom and two bath floor plan to a 2,401-square-foot, four-bedroom plus den and three bath floor plan.

The San Jacinto TNH 123 community features 26 single and two-story Spanish, Prairie and Craftsman style homes located at the base of Park Hill and located near San Jacinto's historic downtown area. The size of the homes ranges from a 1,585-square-foot, three-bedroom and two bath garage floor plan to a 1,968-square-foot, four-bedroom and three bath floor plan.

To learn more about this unique program, please visit http://thenewhouse.com/buy-or-lease.

About RSI Development:
RSI Development was launched in 2008 to bring a new way of homebuilding to the industry. The company was founded by Ronald M. Simon with the vision that every hard working family deserves a high quality, safe, healthy, energy-efficient and sustainable home at an affordable price. The company is focused on stabilizing neighborhoods and improving market rate home value through a programmatic approach to updating the housing stock with high-quality energy-efficient, code compliant new homes. RSI Development's objective is to save cost of every part of the building process and pass these savings through to the customer in the form of a substantially lower home price.