Talk of The Villages Florida - View Single Post - My friend's experience trying to buy a new home here
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Old 09-02-2015, 05:26 AM
outlaw outlaw is offline
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Quote:
Originally Posted by Barefoot View Post
Our experience with buying a resale through VLS was much different than yours. When we purchased our current resale through The Villages, we added a clause that the offer was conditional on selling our CYV. We found the Sales Department at VLS very negotiable regarding T & Cs, and it was smooth sailing all the way.
You may not have noticed the kickout clause, or maybe when you bought they had not started using this clause. Although you had a signed sales contract, the house you were wanting to buy stays on the market, and if another offer comes in before you sell your other house, you are required to pony up thousands more in NON-refundable EMD, and held to your closing date or forfeit the EMD. Also, not one word of the sales contract could be changed.