Down Payment: A
minimum of 15% of the purchase price.
Interest Rate: 7
%. Lower interest rate with larger down payment.
Term:
10 years. Or the length of the term could
be stretched out over 12-25 years to get
a comfortable
monthly
payment for you, but there will be a final payment due in
10 years of the balance..
Balloon Payment: All
loan Balances to be paid in 10 years from date of closing.
And your loan may be prepaid at anytime with NO Pre-Payment
Penalties.
Earnest Money: $1000
Please contact
Adobe Gold Properties for more details.
When you find
the property you like we can write a contract with the
terms
and conditions that best suites your personal needs and
present this to the developer for their approval or counter
offer.