Talk of The Villages Florida - View Single Post - Perils of new home buying
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Old 12-12-2010, 02:01 PM
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Bill-n-Brillo Bill-n-Brillo is offline
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Hal, don't give up. As you stated, "Resales, here we come!". That definitely gives you more latitude to do things on YOUR schedule rather than 100% on someone else's.

Sandy and I had always thought we'd buy new......someday......in TV. But we stumbled across an extremely nice resale that fit all the criteria we had so we decided to pull the trigger. We agreed with the sellers about what organization we wanted to have handle the closing which has been great. And we picked our own closing date to coincide with the dates that the closing entity had available. Also, it's a FSBO which leaves the essence of what's agreed upon simply between us and the sellers. The law firm handling the closing put the sales contract together for us and is handling the transaction just like they would any other sale.

With a resale, though, what you see is what you get - no even minor amount of customization, etc. like you can do with a new build. But we feel we're getting a lot for our money - the upgrades that the sellers had already put in to the house, lower bond than what a new build would be......and we're buying it furnished which will be great since it'll serve as our "home away from home" for a while til Sandy retires. All for less than what an equivalent new build would be right now.

Resales aren't for everyone but they're certainly a viable consideration!

Bill