The most they will give you, to my knowledge, is 12 months. Every 60 days during this time you need to provide $2500 to keep the lot. After 12 months you need to start the building and provide the balance of 20%. It is finished in about 70 days. You then need to pony up the other 80% (cash or financed). Some lots are 6 months only and some are 3 months.
If you change your mind for any reason you can tell them and they keep the amount you have provided in an account for you. You can use this for any NEW lot or home in the future. But once all NEW homes are built you're out of luck and you forfeit the money.
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