Central Florida Preconstruction Program Details
New construction homes are needed at affordable prices to meet the enormous pent up population demands. You will have at least 10% instant equity even before construction begins on you home. Then, another 10 to 12 months of appreciation for further equity gains during the build out phase. No mortgage payments are required during the construction period and only $2,000 out of pocket.
The earlier you invest the lower the prices and the larger the profits. Demand for preconstruction investment homes is huge and expanding. A lot of market research and preparation has taken place behind the scenes to perfect this turn-key investor program. All the resources are in place for you to benefit from leverage and maximize profits on your investment dollars.
Program Steps?
- Get Pre-Qualified - Complete this form and fax it back to us at 407-898-4631.
- Once Approved - 3 checks will need to be written $2,000 in Total; Contract Deposit $500.00, Building deposit $1,000.00, Appraisal $500.00.
- Lot & Model home will be selected. A lot contract will be sent for your review and signatures. (We will assist you on selecting a model home; the ideal will vary depending on the particular site selection and surrounding area.) Once received we will have the builder contract and loan documents sent via FedEx for signatures and required documentation.
- Then $0 will be due at closing. That makes a total of $2,000.00 cash out-of- pocket needed for this investment. Construction loans, typically will close in 30 - 45 days, no additional cash is needed for closing and zero payments during construction.
At completion (10 to 12 Months) you can sell your home and harvest the built up equity - appreciation or rent out for cash flow. For those who plan to sell, it can be marketed 3 months prior to completion.
Investment Example: Total out-of-pocket $2,000
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| Appraised Value PreConstruction |
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$ 285,000
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| Cost of Lot & Home package |
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$ 250,000
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| Equity Profit prior to construction |
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$ 35,000
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| Projected 12-month appreciation 10%
(2005 Florida Statewide rates 10 - 40%)
Source: National Association of Realtors |
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$ 28,500*
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| Gross Equity Profit on Built Home |
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$ 63,500*
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| *No promises or guarantees of future performance are made. |
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