OPTIONS DEPOSIT
“It’s not about having the right opportunities. It’s about handling the opportunities right.” – Mark Hunter
Calculating Option Deposit
Deposits due for options selected are calculated once the customer has completed their final selections and approved their desired options. The deposit is calculated by multiplying the options selected by the pre-determined rate up to the options threshold. Any options selected over the threshold will require 100% deposit. Each community has specific rates outlined in the purchase contract. Please complete the example scenario on the worksheet using the formula calculator provided for a better understanding of how to calculate the options deposit.