[Packer Fan]

Originally Posted by villagetinker

I am sure we actually bought the lot, $65,000, and at closing we just took the mortgage for the house and got the full deed, but I also assume these things change, so ask you agent. Also, be very cautious about outside financing, the villages was very specific that closing MUST occur within 30 days of completion, Citizens First Mortgage was able to do this, some lenders cannot, and I think there is a penalty if the 30 day window is missed.

Everyone always says that, but I bought a new house from TV, worked with a Mortgage Broker who went through Quicken loans. We close 2 days late because of some back and forth between the Villages and Quicken loans and there was absolutely no problems at all. The Villages people who did the closing said as long as the mortgage company is working with them the actual closing date is not set in stone, they just have a goal of closing on time.
I saved $3000 in closing costs over what The Villages bank wanted.....