Found 1 blog entry tagged as milestone payments.

How a Reservation & Payment Schedule Works in Gulf Coast New Construction


I’m Meredith, your Gulf Coast real estate advisor. Below is a clear example of how a reservation and payment schedule can work for a new construction development on the coast. Every developer has their own process and documents, so consider this a helpful guide, not a substitute for your specific contract. This walk-through also assumes a cash buyer. If you’re using financing, the flow usually tracks the same milestones through a construction-to-permanent (C2P) loan with lender-funded draws.

New Construction Gulf Coast Draws and Payments

If you’d like to compare active opportunities, start here:
Orange Beach — https://www.searchthegulf.com/orange-beach/
Gulf Shores — https://www.searchthegulf.com/gulf-shores/
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