Lennar Resource Center

Woodland, Calif. – March 2019 – You can trade in your car and your phone for a new one, so isn’t it about time you can do the same with your home? Lennar has teamed up with Opendoor to create a new program that allows you to sell your current home at a competitive rate and then purchase a new Lennar quick move-in home, all in a time frame that works for you.

“We are beyond excited about this new program, which makes it easier than ever to sell, buy and move into a brand new Lennar home,” said Michelle Velky, Vice President of Sales and Marketing for Lennar Sacramento. “The current process for selling a home can be complicated and cumbersome families forcing them to keep their home insanely clean, showing their home at inconvenient times and trying to sync the sale of your old home with the closing of the new home. This modern program eliminates the traditional hassles, is more transparent and actually gives the buyer more control.”

The program works in three easy steps. First, find your new Lennar dream home. Our Internet Sales Consultants are always available to help you with your search and are knowledgeable about all of our communities and what kind of home designs are offered at each one.

Second, get a free offer on your current home. Visit Opendoor.com/Lennar to request a cash offer on your existing home. You can enjoy skipping the hassle of listing, showing and months of uncertainty.

Third, sell your current home to Opendoor and buy your new dream home in one seamless experience. Lennar and Opendoor will time the closings of both homes, so there is no need to move twice, have a double mortgage or put things in storage.

Lennar is excited to offer this program on quick move-in homes across the city of Woodland. Currently, Lennar has quick move-in homes available at two communities at Spring Lake, while three more communities – Magnolia, Summerstone and Sunflower – are coming soon.

• The Grove at Spring Lake offers seven distinctive home designs with sizes that range from 1,662 to 3,033 square feet, three to four bedrooms and two to three and one-half bathrooms. This community is now selling and is priced starting from the low $500,000s.
• The Orchard at Spring Lake is also now selling, with five distinctive single-family home designs to choose from that range from approximately 1,945 to 3,312 square feet, three to five bedrooms and two and three and one-half bathrooms. Priced from the low $500,000s.

Every new home comes with Lennar’s signature Everything’s Included® program, which provides high-end features such as solar, stainless steel appliances, quartz countertops and home automation at no additional cost. Additionally, Lennar offers Next Gen® – The Home Within A Home® designs at both The Orchard and The Grove, for multigenerational living at its finest.

To start your search today, visit www.lennar.com/sacramento or www.opendoor.com/lennar to learn more!

About Lennar

Lennar Corporation, founded in 1954, is one of the nation’s leading builders of quality homes for all generations. Lennar builds affordable, move-up and active adult homes primarily under the Lennar brand name. Lennar’s Financial Services segment provides mortgage financing, title insurance and closing services for both buyers of Lennar’s homes and others. Lennar’s Rialto segment is a vertically integrated asset management platform focused on investing throughout the commercial real estate capital structure. Lennar’s Multifamily segment is a nationwide developer of high-quality multifamily rental properties. Previous press releases and further information about Lennar may be obtained at the “Investor Relations” section of Lennar’s website, www.lennar.com.

Lennar Homes, LLC (“Lennar”) and Opendoor Labs, Inc. (“Opendoor”) have a financial relationship with each other, in that Lennar has an investment interest in Opendoor. Because of this relationship, transactions with Opendoor may provide Lennar a financial or other benefit. You are NOT required to use Opendoor as a condition for purchasing a Lennar home. Market rates are based on market trends and other factors that cannot be predicted. Lennar does not make any representation or warranty as to the Opendoor valuation process, fees, commissions, offers or performance of services. Timing of closings cannot be guaranteed. You may have to lease your existing home back from Opendoor for a limited period of time. Opendoor purchases homes that meet certain location, price, construction, feature and other standards. Opendoor does not purchase every home for which a request for an offer is submitted.