Quote:
Originally Posted by Dr Winston O Boogie jr
Having bought a new home from Properties of The Villages, I never will again. Their homes are nice, but dealing with them is a nightmare. They have rules that no other real estate company in the country has.
If you apply for a loan and don't get it, you lose your deposit.
If you don't get your loan by the closing date that they set, you are fined $250 per day for each day that you are late.
Unless I was paying cash, it will be a resale for me if I ever buy another home here.
In addition, many of the resales have the bond paid off. This is not small matter sometimes adding $25,000 and up to the cost of your home.
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Yeah -- just one more Villages "gotcha" Dr. Boogie. You are correct on all the counts you mention.
Just a couple of the very "unfriendly," not talked about things here in TV.
Sales agents push new vs. resales because that's what they are told to do.
Since Realtors (outside agents) are not permitted to sell new here, existing owners who want to sell will usually get better results overall from an outside Realtor/broker.