We would like to build a house in Houston, Tx hopefully using Royce Builders. What is the down pymt. required?

Question

Once you sign the contract with Royce is the full down payment due then and there? Is it due at closing or in increments? How is it usually done?

Answer 1

You might want to read this:

http://articles.moneycentral.msn.com/Ban...

The builder should walk you through all the costs and when they are due.