Downpayment
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What is the minimum downpayment for move-in at a mid-rise and high-rise development?
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If the client paid the downpayment in cash, how long will it take before he can move in at the unit (for RFO project)?
What is the minimum downpayment for move-in at a mid-rise and high-rise development?
The standard downpayment term for mid-rise developments is 10-90, and for high-rise it is 20-80, unless a certain project is given a certain promo term.
If the client paid the downpayment in cash, how long will it take before he can move in at the unit (for RFO project)?
If the project is RFO (ready for occupancy), the turnover of the unit is done after 30 days from issuance of clearance, whereby clearance is issued only upon completion of downpayment.
