ROYAL HIGHLAND

ROYAL HIGHLANDROYAL HIGHLANDROYAL HIGHLAND

ROYAL HIGHLAND

ROYAL HIGHLANDROYAL HIGHLANDROYAL HIGHLAND
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Property Rehabilitation & Develpment

Process of acquisition for project financing or rehab

Stage I: Acquisition

Stage I

Acquisition

Contract

100

Sign Agreement for Purchase and Sale

Escrow

100

Deliver docs & earnest deposit to title 

Abstract

300

Title search

File Affidavit

100

Memorandum of Agreement to Property must be notarized


Stage II

Financing

Clean Property

12

Landscape, remove detriment, repair structures

Appraisal

400

Determine market value

Survey

400

Confirm boundaries & property lines


Stage III

Development

Utilities

12

Perform city & county approval measures

Engineering

20,000

Submit to city

Planning

400

Design & submit blueprints

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