Talk of The Villages Florida - View Single Post - Buying a new home in TV
View Single Post
 
Old 03-01-2020, 08:25 AM
Woolyg Woolyg is offline
Junior Member
Join Date: Nov 2019
Posts: 20
Thanks: 46
Thanked 15 Times in 10 Posts
Default

Quote:
Originally Posted by Nucky View Post
In Central, Northern & Western N.J. not only do you need a Lawyer at closing but sometimes a Suit Of Armor is appropriate. I will be represented in Florida In The Villages for my next closing without a doubt. I have absolutely no problem to report from our first closing but for $500 I want someone to look things over on my behalf. The majority of the people I know didn't lawyer up for their Villages Closing and have had no problems.

How about THE FACT that you can not bring a Certified or Cashiers Check to a Florida Closing. It has to be via wire transfer. If there is one number off the possibility exist's that your money will end up in only God knows where and you will not be able to retrieve it in many cases. This was my experience anyway, yours may differ. Good Luck with to the OP with your decision.
I just bought a CYV in January and I went to my BOFA branch and got a bank check for the remaining amount after the earnest money and handed them the check at closing.. It was a resale sold by the Villages. Was actually the most organized and quickest closing I ever had.

Bought and sold several homes in Florida since 1985 and never had any issues. Several of the documents you sign are required by Florida law for a real estate transaction. The key document is the settlement statement. Its important that you understand that and do a little math. I have built 3 new homes in Florida and you will find that tract home builders will not change their contractual documents unless its in times like the last financial crisis when they 'needed' to sell 'any' homes.. In times when they are flying off the shelves like in TV they will say take it or leave it.