[manaboutown]

Originally Posted by Fisherman

As a prior banker of 35 years, I strongly encourage you to spend the extra money to do the transaction right whether you buy a resale or a new home from the Villages. You need to protect your investment and eliminate any issues if you ever decide to sell. I just bought my second house in TV... first was a home I had built and financed with a mortgage and the second a resale I paid for with cash. For BOTH transactions, I used a real estate attorney, got an appraisal, an updated survey and title insurance. In addition, on the resale, a home inspection. Trust me, all of these are important. The only one you could check fees on would be to use a title company or an actual real estate attorney. For me, the price difference was so minimal, I went with my own real estate attorney. The Villages use one, why should I not have my own to represent me?

All title policies are not the same as title companies put many exclusions of what the policy will cover in their "off the shelf" policies. A good real estate attorney can negotiate with the title company to get you a more comprehensive policy.