Homes not yet completed may be reserved with a conditional purchase contract, first come, first served.
Purchase price now $135,000.
Cash buyers will secure their conditional contract with an earnest money deposit of $3,000.
Buyers requiring financing must get pre-approval from a bank or other mortgage lender or broker before entering into a conditional contract.
A River Run Colorado representative can provide mortgage lender contact information*.
Upon receiving pre-approval from a bank or other mortgage lender, buyers requiring financing will put up an initial earnest money deposit of $1,000. Once buyer accepts the loan terms offered to it, buyer will deposit an additional $2,000 earnest money to hold the home until completion.
For both cash and financed buyers, River Run Colorado is obligated to build the home in accordance with published plans and specifications. Buyers have rights of inspection during construction and before closing.
*River Run Colorado is unaffiliated with any of the financing sources that may be interested in offering financing to home buyers and cannot provide assurances regarding loan qualification or terms.