Given all that I've read about how the Villages has a very well defined process (esp. re closing), I thought I would ask if there is a document anywhere that describes the buying through closing process end to end. I asked my Villages agent and he knows of no such document. I imagine that there are tidbits of detail in every legal document that I will sign as I progress.
Here is where we are and what I know at this point:
- We chose a lot in Fenney and put down the required deposit on 10-26
- We are on a "delay start" and within 120 days (Feb. 1 or so at the latest), we must commit to a specific home plan. At this point, we favor an IRIS model with mods.
- Once we choose a home, we must put down 20% against the price of the house itself (before construction begins)
- Building will take 90 or more days. That says that our closing will take place late April or early May
- We will apply for a mortgage and I have read about Citizens and the short closing window. I'm not sure about the exact timeline.
I would appreciate anyone's experience with this process. I am surprised that there is no handout that covers it step by step (at least none that I have found).
Thanks very much in advance.