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Once you have the opportunity to buy a lot, the sales office will schedule you to sign the contract and bring an earnest deposit check. The amount varies by Builder and is usually less with a VA loan. The contract package is prepared in the sales office and sent to the Builder for execution, which can take a few days to a week and a half. Once the contract is signed, the house is allocated to you, ensuring it won't be sold to someone else. It is an exciting day, often celebrated with a picture in front of the lot.
