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Financing Los Corales Condominiums will offer the buyer a unique opportunity in financing. In addition to financing terms, Los Corales is one of the few builders in town with the luxury to provide a 10% down payment program. If you are interested in seeing how 10% can get you in the door to owning ocean front property in Rocky Point Mexico, click on the discounts available below. The buyers may elect to purchase in 3 formats: 1. Cash Purchase (Buyer will receive a cash incentive) 2. Conventional Financing In this conventional financing package, you put down a $1,000 reservation fee, then we require 10% down 7 days following your reservation. Then, we require another 10% down payment 12 months after the initial 10% down payment. This down payment plan gets you in the door wiht 10%. You can watch your unit appreciate and build equity over the next 12 months before putting down another 10%. With conventional financing, at completion, the owner will obtain financing through methods outside of the developer. 3. Developer Financing With developer financing, you put down a $1,000 reservation fee, then we require 10% down 7 days following your reservation. Then, we require another 10% down payment 12 months after the initial 10% down payment. This down payment plan gets you in the door wiht 10%. You can watch your unit appreciate and build equity over the next 12 months before putting down another 10%. With developer financing, at completion, you simply show up to sign the papers. The loan is in-house through Los Corales. Please look at some of our financing packages available by clicking on the financing terms link below.
CLICK HERE TO VIEW FINANCING TERMS |
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