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Mattamy Upgrades... Design Centre Appointment and Payment
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Author:  Kato [ Mon Nov 21, 2011 10:54 am ]
Post subject:  Re: Mattamy Upgrades... Design Centre Appointment and Paymen

newhomebuyer01 wrote:
Hi, We were just looking into booking a mattamy home and were wondering -

1. How soon after booking the house is an appointment made at the design centre?

2. Also, is the payment required upfront for the upgrades?... (just trying to budget upgrades based on the method of payment). Or can it be added to mortgage with a percentage down towards the upgrades?

Thanks,
S & A


Hi Newhomebuyer01,
I had my DC appointment about 2 months after I purchased my home. For the upgrades, you require a minimum of 35% downpayment on all upgrades under $50k; $50k+ you'll need 50% downpayment.

Also, upon purchase, you'll need to put down $35,000 to secure your lot. This is paid in installments over three months. ($10k on the date of purchase, $10k+$10k for the next two months, a final $5k for the third month).

Good luck!

Author:  H&M [ Fri Jan 06, 2012 1:18 pm ]
Post subject:  Re: Mattamy Upgrades... Design Centre Appointment and Paymen

does the 35% downpayment cover the design centre upgrades as well as the archtiect's upgrades??? or just the design centre upgrades???

Author:  Dan Drmanic [ Fri Jan 06, 2012 1:25 pm ]
Post subject:  Re: Mattamy Upgrades... Design Centre Appointment and Paymen

H&M wrote:
does the 35% downpayment cover the design centre upgrades as well as the archtiect's upgrades??? or just the design centre upgrades???


The architect choices can go directly onto your mortage without anything down as it gets immediately built into your purchase agreement. The DC upgrades require the deposit.

Author:  chotapepc [ Fri Jan 06, 2012 1:33 pm ]
Post subject:  Re: Mattamy Upgrades... Design Centre Appointment and Paymen

Dan Drmanic wrote:
H&M wrote:
does the 35% downpayment cover the design centre upgrades as well as the archtiect's upgrades??? or just the design centre upgrades???


The architect choices can go directly onto your mortage without anything down as it gets immediately built into your purchase agreement. The DC upgrades require the deposit.



I believe the design centre upgrades can also be added in to your mortgage. After paying 35% down obviously.

Author:  Dan Drmanic [ Fri Jan 06, 2012 1:41 pm ]
Post subject:  Re: Mattamy Upgrades... Design Centre Appointment and Paymen

chotapepc wrote:
Dan Drmanic wrote:
H&M wrote:
does the 35% downpayment cover the design centre upgrades as well as the archtiect's upgrades??? or just the design centre upgrades???


The architect choices can go directly onto your mortage without anything down as it gets immediately built into your purchase agreement. The DC upgrades require the deposit.



I believe the design centre upgrades can also be added in to your mortgage. After paying 35% down obviously.


They can get built into the mortage, but you have to put 35% down (if its under 50k in upgrades). With the architect choices you can build it into the mortgage without making a deposit.

Author:  H&M [ Fri Jan 06, 2012 2:13 pm ]
Post subject:  Re: Mattamy Upgrades... Design Centre Appointment and Paymen

Sounds good! thanks everyone

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