purchasing process

Step 1: Select Lot Elevation

Walkout Elevations Available

Step 2: Lot Reservation

$1,000.00 escrow deposit - fully refundable

STEP 3: Purchase Agreement

$9,000.00 escrow deposit - funds held by American Title

STEP 4: Start Of Construction

All interior selections to be completed

STEP 5: Balance of Funds

Due at closing - completion of build process 4 to 6 months from contract

STEP 6: Pre-qualification Letter From Builders Lender

Builders lender for the construction financing - Bank of Ann Arbor

Two local builder approved lenders for end loan financing (Bank of Ann Arbor, University Lending)

STEP 7: Blue Prints Finalized

Condo units - interior modifications made as per purchase agreement

STEP 8: Interior Selections Completed At Builders Design Center

Completed two to three weeks of signed purchase agreement

STEP 9: Enjoy Watching Your New Condo Being Built

There will be scheduled times in the build process to tour the progress of your new home!

 

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