Lot Purchase Terms
Currently available for Phase One, Two, and Three ONLY
1. Contract
We will reach out to you to confirm the purchase request and answer any questions you may have. You will then receive a Real Estate Purchase Contract via DocuSign for electronic signature.
2. Earnest Money
A deposit of $5,000 is required at the time of signing, which is refundable through the initial 30 day due diligence period. At the end of the 30 day period, the deposit must be increased to 20% of the purchase price. Wire instructions will be included in your DocuSign packet.
3. Closing
Closing must occur within 30 days after designation of a “buildable lot” by Logan City. For phase one and two, this designation has already been received.