Villages of Royal Palm Offers One Year Closing Delay, Six Months Mortgage Moratorium on Ready-To-Move-In Homes

PORT ORANGE, Fla. --- The Villages of Royal Palm, the luxury active adult community Winston James Development is developing in Port Orange, is offering a special discount to active adult buyers of ready-to-move-in homes priced from the $160s.

Winston Schwartz, president of Winston-James Development, Inc., said buyers of ready-to-move-in homes can take advantage of special financing that allows no mortgage payments for the first six months.

For people who have a home to sell, Royal Palm offers a one-year delay in closing.

Schwartz said a 10 percent down payment qualifies buyers for the special financing.

“We are making this offer to give active adults – who plan to sell their current homes so they can move to Florida – plenty of time to conduct the sale,” Schwartz said.

Schwartz said the offer is good through Nov. 15.

Eight finished ready-to-move-in homes are now available.