Talk of The Villages Florida - View Single Post - I Can't Believe What I Just Did...
View Single Post
 
Old 05-21-2011, 09:15 PM
gmcneill gmcneill is offline
Senior Member
Join Date: Jan 2011
Posts: 481
Thanks: 0
Thanked 0 Times in 0 Posts
Default

Quote:
Originally Posted by angiefox10 View Post
ummm yeah... Don't you have a year to start building???
One year is the normal start to build period except, according to our sales associate, when one obtains a site in neighborhood that has reached buildout.

That is what happened in our case: last year someone reserved the site; had one year to begin construction; was unable to begin construction w/in one year; had to give up the site; TV released the site back to the open market;

Sharon Crenshaw, our sales associate, immediately grabbed the site the moment it was released; today we signed a TON of forms and documents (I hope that I didn't trade off my first born as collateral) and paid our $2500.

Bc the Village of St James reached build out in the past year, we are required to begin construction w/in 90 days. If we fail to do so,
we will have to give back the site, and forfeit the $2500.