To secure your home at Sequoia, the deposit structure is TOTAL: 20% DOWN 1st Deposit: $10,000 of purchase price due upon contract signing 2nd Deposit: 5% of purchase price (less $10,000) within 30 days of Vendor acceptance 3rd Deposit: 5% of purchase price within 120 days of second deposit 4th Deposit 5% of purchase price 90 days after the third deposit 5th Deposit*: 5% of purchase price 450 days from Vendor acceptance When the home is complete, ready for move-in, the remaining balance must be paid in full. This payment can be made directly or financed, similar to a traditional home purchase. This approach ensures that residents can secure their homes with an initial deposit and manage the final payment when their new home is ready for occupancy.