Talk of The Villages Florida - View Single Post - Trying to close on new construction
View Single Post
 
Old 04-02-2021, 08:32 AM
Samfl Samfl is offline
Junior Member
Join Date: Sep 2018
Posts: 27
Thanks: 2
Thanked 17 Times in 11 Posts
Default Closing in TV

Your realtor should have informed you that closing on a new home in TV is a hard date. Going past the date will cost you per day until you close. I worked for a national builder and it was the same policy for every home in every state. If your lender could not commit to getting your loan done by the assigned date, they should have told you that so you could make other arrangements. Lots of people use Citizens First for that very reason.

Hello, looking for a little info to see if anyone has experienced this. Bought my mother a home in TV and moving her from California. Unfortunately with all the home buying going on it took my lender more time to get the loan out to the title company and went past the closing date assigned by TV. Not ever buying a home in this state I didn’t know what to expect for a proper time frame. I’m realizing it takes longer here for all parties to get together on things to close. Anyway my question is has anyone gone over and had to pay extra for each day not closed and how much? Are they negotiable? I’m just trying to get some figure or have some kind of idea and no one can tell me until final figures come out. Has anyone else had this happen. Never heard of such a thing.

Thanks in advance[/QUOTE]