We went have through the lot selection process a couple of months ago. The salesman helped us find a lot that would accommodate the house that we are considering. We made a deposit of $2,500 which "reserves the lot" for two months. You can make additional deposits up to a total of $15,000 to hold the lot for a total of twelve months. You do not own the lot, you only reserve the lot. If you do not begin construction within the one year period, the lot goes back on the market. Also, you can select a different lot at any time. You never loose any of your deposit as long as you eventually build a house or purchase one that is already constructed. Better make sure that you know you will be moving to the Villages at some future date. If not, I guess the money goes into the Morse family retirement account.
The only thing that is holding us up now is the sale of out house in Alabama.
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