Quote:
Originally Posted by Bill14564
I did the same thing. At closing you are signing a stack of paper large enough you can measure it with a ruler. Much (most? all?) of it is standard boilerplate with your specific details filled in.
Is there really a chance that someone is going to notice a detail in one of those documents and decide they are not going to purchase the house? "I was really looking forward to buying this house but I won't do it if I can't put pink flamingos in the yard."
If someone wants to live in the Villages then this is the stack of paper they are going to sign. A buyer can puff up and say they are going to keep everyone here until they read and understand every paragraph but in the end either they sign it or they forfeit their deposit. There really is no negotiation: just like software EULAs, you click the button, sign the papers, or go somewhere else.
I did spend a considerable amount of time reading the details later. Fortunately, I never planned on raising a flock of pink flamingo statues.
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In my case, we bought a new home and yes, there was no negotiation on price. I did not however, put down a non-refundable deposit. Perhaps because I bought an existing home from the developer, or something in the process changed, but in any case I would not sign a binding agreement unless/until all conditions were identified in that agreement which would be incumbent upon me to understand. If the sales agent told me that I had to do so or not be able to buy a home here, I would have walked away. Note that I very much enjoy living here, but I worked too hard to have the ability to buy a home here to blindly agree to unknown conditions. Having said that, if a person did blindly enter into such an agreement, then they lose any right to complain after the fact. They could of course choose to sell their home and leave, ironically, unless there was a condition on the timing of such a sale that was part of the documents they choose not to read before signing.