Funding
and payment terms

PAYMENT TERMS

The first part of the Purchase Price of CZK 150,000 (2+kt) or CZK 250,000 (4+kt) is deposited as a reservation fee into the Attorney's Escrow Account based on the Reservation Agreement.

The second part of the Purchase Price in the amount of 20% (of the total Purchase Price) shall be deposited by the Buyer Party into ten days from the date of conclusion of the Future Purchase Contract, either to the Account Attorney's Escrow Account or to the Bank's Project Account, if established by the Bank.By concluding of the Purchase Agreement, this second instalment shall be included in the Purchase Price.

The Purchaser shall deposit the balance of the Purchase Price within ten days of the date of execution of the Purchase Agreement, either into the Attorney Escrow Account or the Project Account, as determined by the Selling Party in the SOSBK and the Purchase Agreement. The closing of the Purchase Agreement shall take place upon completion of the construction of the Residential Building, which shall be determined by the issuance of the occupancy permit or the legal effect of the occupancy permit.

Funding

The range of financial products is constantly expanding and it is often very complicated to choose the most suitable one. In the third stage of the Red Oak project, we will provide you with comprehensive individual financial services according to your individual needs.
Our financial consultant will prepare a comprehensive range of financial products free of charge and will remain at your side throughout the entire process. She works with the majority of financial service providers in the development projects without favouring just one bank or product. It will take into account your existing products - current accounts, insurance, other types of loans, etc.
Our financial advice will save you the hassle and time spent waiting in banks. We can also offer you follow-up services, such as hedging risks associated with the use of the property and other financial services.

WITH US YOU GET
- the services of an experienced specialist in the field
- free of charge loan processing and processing
- a wide range of financial products
- we handle everything for you

PORTFOLIO OF SERVICES
- Consumer loans (mortgages, special purpose loans, non-purpose loans)
- loans from building savings
- insurance (property insurance, liability insurance, personal insurance)

Mortgage financing

Contact our mortgage partner with years of experience:

Barbora Holubová

+420774886446 barbora.holubova@icloud.com

More information on financing

Our financial consultant will prepare a comprehensive range of financial products for you free of charge and will stay by your side throughout the entire process. She works with most financial service providers in the property development sector without favouring just one bank or product. It will take into account your existing products - current accounts, insurance, other types of loans, etc.

Our financial advice will save you the hassle and time spent waiting in banks. We can also offer you follow-up services, such as hedging risks associated with the use of the property and other financial services.

WITH US YOU GET

- the services of an experienced specialist in the field

- free of charge loan processing and processing

- a wide range of financial products

- we handle everything for you

PORTFOLIO OF SERVICES

- Consumer loans (mortgages, special purpose loans, non-purpose loans)

- loans from building savings

- insurance (property insurance, liability insurance, personal insurance)