The Beneficial Cost are Calculated for Settlor is 3% of the VMAV* with a CAP of $30,000
The Beneficial Interest fee formula for Resident Beneficiary's is as follows: The assigned Beneficial Interest as per room or set of rooms x VMAV* x 12.5%
*VMAV = Variable Mutually Agreed Value determined by Gratuite Lavie Estates and the Seller(s) during the initial stages prior the the creation of Documents
Resident Beneficiary Example: Master Bedroom Beneficial Interest = 20% of total Trust Percentage x *VMAV of $1,000,000 x 12.5% = $25,000 for the purchase of the B.I of Master Bedroom and common areas of the home.
We have 3 In-House financing programs available:
50% of Beneficial Interest paid from any sources, cash, credit cards or fixed loans. The remaining balance will be spread out over a period of time from 12 months, 24 months, or 36 months at an interest rate of 12% per annum. 2X rents is the qualifying factor on renting our homes up to 60% Debt to Income ratio.
Example: Beneficial Interest in a Master Bedroom is $29,995 with $15,000 down payment and $14,995 to finance at 12% Is:
12 months = $1333 mo payment
24 months = $706 mo payment
36 months = 498 mo payment
all payments are added to the rent payment for a total monthly based on the homes details
Cash , Check CC and Terms with 50% paid Up Front