Talk of The Villages Florida - View Single Post - settlement costs and view costs
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Old 10-05-2011, 02:19 PM
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Quote:
Originally Posted by mwarren View Post
hi:
i was wondering what settlement costs on a 230,000 new home, and how much extra do they charge for "views" it gets so confusing.
also the charge for golf cart garage, i hope this clears our minds.
First, suggest that you talk to a TV sales agent who will have the exact answers.

But in general settlement costs here are no different than anywhere (I closed earlier this year). But there is an added bond that is either paid off or paid back in 30 years like a mortgage. These bonds range in the 22 - 26k neighborhood for a designer home (mine was 22K for a designer home in the 250K range) less for a courtyard villa (12-15K?)

The 'view' lots can be tricky. You might get lucky with a limited view type (of maybe an exec course) for under 100K but most golf front lots are in the 125K - 175K range. Of course you could pay much much more if you want

A water view lot is over 100K as well.
A rec center 'view' is reasonable (around 30-50K) but the view and noise need to be studied first.

There are some lots that abut pasture type land that is not owned by TV that are much less. The caveat there would be that since these properties are not owned by TV there is no guarantee that they will stay pasture land. There were many of these type of lots in Tamarind earlier this year (20k - 50K?).

Then you have cul-de-sac or corner lots (25 - 60K) which offer some privacy or room to add a pool but again you need to do your homework to see what works for you. This is what I went for since we wanted our own pool/birdcage without the cost, or random golf ball strike, of a golf course front.

Others can chime in if my money estimates are way off.

Talk to your agent!!