Beach front lot 83

When we purchased the deal was 50% up front because the land was not titled while others enjoyed only having to put up 30%. As we move toward the start of construction, we understand this may change for us, but we'll see.

Our first call was the options call where we chose a rough set of things we wanted to upgrade, such as the maid's quarters, the bigger pool and some other things to get a budget. At that time we were encourage to purchase a furniture allowance to add to the total so that we could finance it along with the villa.

So we had our lot premium, our villa cost, our options cost and our furniture cost. Of that amount we had to put up 50% of the total. We used some of our retirement money, but most of it came from personal holdings. (The condo downpayment was 100% IRA money! More on that in another post.)

Right now we have just had our first pre-construction conference call and made some of our choices. Next comes the furniture choices, then the pool and patio conference call. I'll keep you updated.

Mick @ Lot 83