Talk of The Villages Florida - View Single Post - How long will they hold property deposit?
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Old 07-19-2013, 11:05 PM
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When we purchased in 2011, the deposit they required to hold a lot was $7,500. At that time, you needed to start your build within one year. Since then, I believe you need to start your build in 6 (possibly 3)months and if you are on a prime lot, as in a golf course lot, its either immediately or possibly 3 months.
Once you go to your design meeting, and this is prior to your build obviously, you need to come up with another larger deposit. If I remember correctly, it was 20% of the cost of the home and lot, minus the $7,500.
Not sure if that is still the same as in 2011.
You should call the sales office to find out.
Or ... maybe someone who is going through the building process now can let us all know.