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Is there a down payment or other earnest money requirement?

We are now building homes, apartments and condominiums. The minimum down payment with a contract on a lot or home is 10% of the sale value. If you have qualified as a buyer, we will then handle all the Construction Loan financing, and your lender will take over at the point of substantial completion.

For those persons who paid $2,500 as Earnest Money, this money is still held in a fully refundable interest bearing Escrow account. It is fully refundable up to the point a contract for building your home or commercial building is completed. The $2,500 Earnest Money will be applied to construction costs when your home is built.