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  Florenza Khamsin

Payment Schedule

There are several different payment plans available for buyers at Florenza Khamsin:

Option A

  • $1000 reservation fee (fully refundable up to 21 days from reservation)
  • 40% upon signature of contract (less the $1000 reservation fee)
  • 20% six months following signature of contract
  • 20% twelve months following signature of contract
  • 20% upon completion
Option B

There is also the opportunity to take advantage of a five year developer-financed mortgage under the following terms:

  • $1000 reservation fee (fully refundable up to 21 days from reservation)
  • 40% upon signature of contract (less the $1000 reservation fee)
  • 60% payable in quarterly installments over a period of up to five years, at an annual interest rate of 5%
Note that delivery of units for any buyer purchasing using the mortgage option is May 2012.

Option C

  • $1000 reservation fee (fully refundable up to 21 days from reservation)
  • 40-60% upon signature of contract (less the $1000 reservation fee)
  • Balance payable in quarterly installments over a period of up to three years, with interest free credit.

Option D

Cash buyers can receive excellent discounts for paying the majority of the price with contract:

  • 80% on contract/20% on delivery = 15% discount
  • 70% on contract/30% on delivery = 10% discount
  • 60% on contract/40% on delivery = 7% discount



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