Frequently Asked Questions
12. What happens if a buyer defaults on owner financing? • Your deposit and any interest paid are non-refundable. • The accumulated principle paid is refunded to you. • We encourage buyers to contact us before any financial difficulties arise so we can explore alternative payment arrangements. 13. Where do deposits and payments go? Deposits are held in a dedicated Breezy Palms Ltd. account. 14. Will the price of the lots increase? Prices reflect current market rates and may be adjusted at the devel - opers discretion. However, there are no planned price increases due to additional land preparation. Buyers are encouraged to lock in prices early to ensure they obtain their land at launch rates. Community & Future Growth 15. Why is there a homeowners’ association (HOA) instead of a strata? Developments with an HOA are more maintained and uphold their val- ue over time. 16. Will the area experience future growth? • The East-West Arterial Road expansion is expected to reduce com- mute times, making East End a more attractive location for buyers. • Breezy Palms is positioned in a higher-elevation area with solid land foundations, making it a prime investment opportunity compared to lower-lying areas in Cayman.
(345) 938-1049 | salesmanager@heritageholdings.ky www.breezypalms.ky
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