will villages hold a house for me while I SELL MINE

[mperzow]

my home for sale in south florida and need the money before buying outright here in the villages
I heard they have almost NO FLEXIBILITY..I am not negotiating price would just like to hold a home until mine sold say about 1- 2 months maximum

[jnieman]

my home for sale in south florida and need the money before buying outright here in the villages
I heard they have almost NO FLEXIBILITY..I am not negotiating price would just like to hold a home until mine sold say about 1- 2 months maximum

Ask about a bridge loan. That is what we did but we waited to make an offer on a home until we had a contract on ours back home.

[graciegirl]

my home for sale in south florida and need the money before buying outright here in the villages
I heard they have almost NO FLEXIBILITY..I am not negotiating price would just like to hold a home until mine sold say about 1- 2 months maximum

They take no conditions on a new home sale.

[cmj1210]

my home for sale in south florida and need the money before buying outright here in the villages
I heard they have almost NO FLEXIBILITY..I am not negotiating price would just like to hold a home until mine sold say about 1- 2 months maximum

You could find out about building. This a longer process approx 6 months or so.

[graciegirl]

You could find out about building. This a longer process approx 6 months or so.

They give you your closing date and HOUR when you contract to build a home. No deals, nothing. They don't have to. People buy their homes here without VA or FHA Mortgages for new homes, just traditional loans. Most people pay for their homes in full. I think that is kind of amazing and great.

[Mrs. Robinson]

my home for sale in south florida and need the money before buying outright here in the villages
I heard they have almost NO FLEXIBILITY..I am not negotiating price would just like to hold a home until mine sold say about 1- 2 months maximum

The developer has NO flexibility whatsoever when you purchase a new home. None! Another poster said they don't have any flexibility and they don't. In actuality, they are very cold about the entire process which is very cut and dry. They could be a lot more considerate, but they aren't. There is nothing nice in the purchase of a new home from them. What should be a pleasant transaction is very impersonal and cut and dry.

You might be better off purchasing a resale and there are always newer homes on the market, if that's what you're after. A seller might be amiable and accept your offer contingent upon you selling your house.

If you buy new from the developer -- good luck. You'll need it!
Please check your Private Messages for additional information.

[Jayhawk]

The developer has NO flexibility whatsoever when you purchase a new home. None! Another poster said they don't have any flexibility and they don't. In actuality, they are very cold about the entire process which is very cut and dry. They could be a lot more considerate, but they aren't. There is nothing nice in the purchase of a new home from them. What should be a pleasant transaction is very impersonal and cut and dry.

You might be better off purchasing a resale and there are always newer homes on the market, if that's what you're after. A seller might be amiable and accept your offer contingent upon you selling your house.

If you buy new from the developer -- good luck. You'll need it!
Please check your Private Messages for additional information.



Totally disagree. The Villages developer is RUNNING A BUSINESS. They have determined their best practices. No different than any other business that has policies and procedures.

Try buying a new Ford and asking the dealer to "hold it" for you until you have the money to pay for it.

:ho:

[graciegirl]

The developer has NO flexibility whatsoever when you purchase a new home. None! Another poster said they don't have any flexibility and they don't. In actuality, they are very cold about the entire process which is very cut and dry. They could be a lot more considerate, but they aren't. There is nothing nice in the purchase of a new home from them. What should be a pleasant transaction is very impersonal and cut and dry.

You might be better off purchasing a resale and there are always newer homes on the market, if that's what you're after. A seller might be amiable and accept your offer contingent upon you selling your house.

If you buy new from the developer -- good luck. You'll need it!
Please check your Private Messages for additional information.

Totally disagree. The Villages developer is RUNNING A BUSINESS. They have determined their best practices. No different than any other business that has policies and procedures.

Try buying a new Ford and asking the dealer to "hold it" for you until you have the money to pay for it."

I very much agree with this post from Jayhawk.

I am really proud to tell my friends how there are no conditions to buying a new home here. It shows that this is a sought after place and that our homes continue to rise in value. There was no coldness to us at all in any phase of the process.. NONE.

[dbussone]

The developer has NO flexibility whatsoever when you purchase a new home. None! Another poster said they don't have any flexibility and they don't. In actuality, they are very cold about the entire process which is very cut and dry. They could be a lot more considerate, but they aren't. There is nothing nice in the purchase of a new home from them. What should be a pleasant transaction is very impersonal and cut and dry.



You might be better off purchasing a resale and there are always newer homes on the market, if that's what you're after. A seller might be amiable and accept your offer contingent upon you selling your house.



If you buy new from the developer -- good luck. You'll need it!

Please check your Private Messages for additional information.



I completely disagree. We bought a new home in 2012. It was a wonderful experience. The closing staff were congratulatory and very pleasant. I'd rate it as our best closing experience out of the numerous we've had.


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[thelegges]

The developer has NO flexibility whatsoever when you purchase a new home. None! Another poster said they don't have any flexibility and they don't. In actuality, they are very cold about the entire process which is very cut and dry. They could be a lot more considerate, but they aren't. There is nothing nice in the purchase of a new home from them. What should be a pleasant transaction is very impersonal and cut and dry.

You might be better off purchasing a resale and there are always newer homes on the market, if that's what you're after. A seller might be amiable and accept your offer contingent upon you selling your house.

If you buy new from the developer -- good luck. You'll need it!
Please check your Private Messages for additional information.

Our first home in TV sold in 3 days, closed in 28 days. Even a fsbo would have a hard time waiting for sale of your home

[Barefoot]

As Mrs. Robinson said, if you buy a resale, the owners may accept a conditional offer.
We feel resales are a better deal anyway.
You can find a home in a central location backing on a golf course, and pay a fraction of the amount that
The Villages charges for a new home on a golf course. And the price is negotiable.
When we bought our second resale in The Villages, we made it conditional on selling our first resale home, a CYV.
But I understand that many people want new homes, in which case I suggest you sell first and then buy.

[vintageogauge]

why not just sell your home then come up and rent one while you decide what to buy, there is always plenty of inventory both new and used. Our experience buying a new home was great, a little miscommunications with a new member of the closing team but other than that it was smooth and fast. As a matter of fact it took us longer to buy a new car down here than to close on the house. I'll also put in a good word for our sales agent Beth Pope, couldn't have been happier, she knew what we wanted, showed us what we wanted and we bought the first day. Great girl.

[Mrs. Robinson]

Our first home in TV sold in 3 days, closed in 28 days. Even a fsbo would have a hard time waiting for sale of your home

You were very fortunate and lucky that your home went under contract that quickly.

However, you would be amazed at the number of people -- FSBO or otherwise -- that would accept a contingency on the sale of a buyer's home.

[Topspinmo]

Plenty of homes for sale in the villages and for the foreseeable future. More than most realize. Don't get panicky. When you sale there will be plenty to choose from. Villages sales like to create frenzy, so people will make quick decisions. You know like when the build out was hot topic. For about 4 years.

[justjim]

OP, there is not one good reason for the Village Developer to hold a certain house for you until when and if your current house sells. That said, perhaps a better house will be built while your house sells. The Village Developer builds about 200 new ones a month. Good luck selling your home.

[golfing eagles]

Totally disagree. The Villages developer is RUNNING A BUSINESS. They have determined their best practices. No different than any other business that has policies and procedures.

Try buying a new Ford and asking the dealer to "hold it" for you until you have the money to pay for it.

:ho:

Or better yet, asking a retailer to "hold" the hottest new Play Station for you near Christmas time:1rotfl::1rotfl::1rotfl:

[Mrs. Robinson]

Totally disagree. The Villages developer is RUNNING A BUSINESS. They have determined their best practices. No different than any other business that has policies and procedures.

Try buying a new Ford and asking the dealer to "hold it" for you until you have the money to pay for it.

:ho:

[B] I am really proud to tell my friends how there are no conditions to buying a new home here. It shows that this is a sought after place and that our homes continue to rise in value. There was no coldness to us at all in any phase of the process.. NONE.

I completely disagree. We bought a new home in 2012. It was a wonderful experience. The closing staff were congratulatory and very pleasant. I'd rate it as our best closing experience out of the numerous we've had.



Of course the developer is running a business! But their policies and procedures are much different than purchasing a home from other developers. Your Ford analogy is lame; not exactly similar in structure either. And just as a point of interest, many dealerships will hold a vehicle for a short period of time.

"Proud to tell your friends" . . . Huh? How can anyone say there are no conditions to buying a home here? There are tons of conditions, and they all favor the developer! It has nothing to do with TV being a sought after place. Seriously??? I mentioned nothing about "coldness" in the buying process. I did say everything was "cut and dry" and it was and is. You had, perhaps, a choice of maybe 6 items for a selection of something, as a for-instance. You had to make a choice out of the six. You couldn't supply your own. You had to take it or leave it. THAT describes "cut and dry!"

And yes -- the closing staff is pleasant. The developer sends all his closing to that law firm. They are beyond thrilled! They are lucky in that the closings are all the same with the exception of the actual property. The contracts are all the same and it is a repetition of one after the other; the same goes for the title insurance. The closings can be likened to the expression "Cookie Cutter" because they are all practically identical. You are in and out in an hour or so, depending upon if there is a mortgage, and everyone is all smiles. All closings are always terrific as long as there is no glitch.

[golfing eagles]

Of course the developer is running a business! But their policies and procedures are much different than purchasing a home from other developers. Your Ford analogy is lame; not exactly similar in structure either. And just as a point of interest, many dealerships will hold a vehicle for a short period of time.


I don't think his car analogy is "lame" at all. Try getting a dealer to "hold" a 50th anniversary corvette for you in 2003. TV is a sellers market, and sellers can make the rules. "Other developers" are not sitting on the fastest growing community in the US, and if they were, their rules would probably be similar.
I thought the rules were restrictive when I bought---30 days to close from 1000 miles away after coming here to be ushered into the sales office once we chose a home, paperwork, $5000 deposit, etc. But those were the conditions of the contest, if you don't like them, don't play. It's like complaining your drive down the middle of the fairway settled in an old divot. You may not like it, but that's the rules. (except for those that just give themselves a good lie)

[graciegirl]

Of course the developer is running a business! But their policies and procedures are much different than purchasing a home from other developers. Your Ford analogy is lame; not exactly similar in structure either. And just as a point of interest, many dealerships will hold a vehicle for a short period of time.

"Proud to tell your friends" . . . Huh? How can anyone say there are no conditions to buying a home here? There are tons of conditions, and they all favor the developer! ?? I mentioned nothing It has nothing to do with TV being a sought after place. Seriously?about "coldness" in the buying process. I did say everything was "cut and dry" and it was and is. You had, perhaps, a choice of maybe 6 items for a selection of something, as a for-instance. You had to make a choice out of the six. You couldn't supply your own. You had to take it or leave it. THAT describes "cut and dry!"

And yes -- the closing staff is pleasant. The developer sends all his closing to that law firm. They are beyond thrilled! They are lucky in that the closings are all the same with the exception of the actual property. The contracts are all the same and it is a repetition of one after the other; the same goes for the title insurance. The closings can be likened to the expression "Cookie Cutter" because they are all practically identical. You are in and out in an hour or so, depending upon if there is a mortgage, and everyone is all smiles. All closings are always terrific as long as there is no glitch.

It is the fastest growing community of it's size in the U.S. I will find the Forbes article. Yes the developer can ask all of these things because the developer doesn't have to allow any of the usual contingencies to sell a new home here. What we aren't talking about is outside realtors are not allowed to sell new homes. He doesn't need outside realtors to sell new homes and he doesn't need concessions or to take contingencies. I believe you are a realtor? or were?

And...with all that said. You bought here and we did too. We bought new twice and we may do it again. I like it here.

#1 The Villages, FL - pg.1 (https://www.forbes.com/pictures/egim45eehm/1-the-villages-fl/#56abe5327db9)

[dbussone]

Of course the developer is running a business! But their policies and procedures are much different than purchasing a home from other developers. Your Ford analogy is lame; not exactly similar in structure either. And just as a point of interest, many dealerships will hold a vehicle for a short period of time.



"Proud to tell your friends" . . . Huh? How can anyone say there are no conditions to buying a home here? There are tons of conditions, and they all favor the developer! It has nothing to do with TV being a sought after place. Seriously??? I mentioned nothing about "coldness" in the buying process. I did say everything was "cut and dry" and it was and is. You had, perhaps, a choice of maybe 6 items for a selection of something, as a for-instance. You had to make a choice out of the six. You couldn't supply your own. You had to take it or leave it. THAT describes "cut and dry!"



And yes -- the closing staff is pleasant. The developer sends all his closing to that law firm. They are beyond thrilled! They are lucky in that the closings are all the same with the exception of the actual property. The contracts are all the same and it is a repetition of one after the other; the same goes for the title insurance. The closings can be likened to the expression "Cookie Cutter" because they are all practically identical. You are in and out in an hour or so, depending upon if there is a mortgage, and everyone is all smiles. All closings are always terrific as long as there is no glitch.



I don't understand your gripe. If you want to spend more than 1 hour on a closing you have a problem, and quite honestly I don't know what that is. I never viewed closings as a social occasion.




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[Mikeod]

Years ago, we decided to investigate The Villages as a retirement location. After looking at TV and the models, we gave our sales rep a list of the models and features we would consider. A few months later, we got a call from the rep with information on a new home that met most of our wants. We had 2 hours to decide. If we wanted it, we had to send a small deposit and a down payment within a few weeks. The reason was that if we declined the property, there was a line of other people who would be offered the house. There is no benefit to the developer holding a house that could be sold immediately.

[Fraugoofy]

my home for sale in south florida and need the money before buying outright here in the villages
I heard they have almost NO FLEXIBILITY..I am not negotiating price would just like to hold a home until mine sold say about 1- 2 months maximumNo, they won't. Period. End of story... best of luck!!

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[manaboutown]

You would have to find a reseller to do this. The developer obviously holds a monopoly on new homes and need only deal on its own terms. That is what monopolies do.

[Mrs. Robinson]

I don't understand your gripe. If you want to spend more than 1 hour on a closing you have a problem, and quite honestly I don't know what that is. I never viewed closings as a social occasion.

Gripe? What gripe?

Basically, I said that unless you have a glitch somewhere with the closing, a person would be done and out within an hour or less.
There can be many issues with a closing and most of the time, it has to do with an error in the paperwork.

And who said closings were a social event??? :shrug: