Buying a home in The Villages...I think!

[bopat]

Put in an offer with VLS, it was accepted, paperwork done and signed. Pending 4 point inspection which showed some minor issues.
Home still shows "for sale" and not "pending" on The Villages VLS site. It's been almost a week since signing the paperwork. Only a few days since the inspection.
What could be going on? Any ideas?

[manaboutown]

Why not ask your agent to call the listing agent and inquire?

[Kenswing]

Why not ask your agent to call the listing agent and inquire?

Exactly. Why would a person not call their sales agent with questions before posting here? Just don’t get it.

[retiredguy123]

Read your contract. Usually, there is a clause for the seller to reject the contract if the inspection defects exceed a certain dollar amount and they don't want to fix them. But, there should be a short time frame for them to decide. The Villages is not required to change the listing to pending. You don't own the house until you go to the closing.

[manaboutown]

If it is not shown as "pending" the VLS agents may possibly be continuing to show the home as well. Why not call and ask what is going on with the house?

[RICH1]

I’m sorry , I missed the location and neighborhood!

[retiredguy123]

Always remember that the VLS agent represents the seller, not you. They are going to do what is best for the seller. That is why you should carefully read the sales contract and know your rights and responsibilities.

[GizmoWhiskers]

Put in an offer with VLS, it was accepted, paperwork done and signed. Pending 4 point inspection which showed some minor issues.
Home still shows "for sale" and not "pending" on The Villages VLS site. It's been almost a week since signing the paperwork. Only a few days since the inspection.
What could be going on? Any ideas?
Listing agents like to get calls on their houses. They will tell people it's pending and redirect to their other listings. Opportunity knocks.

[ridinghigh]

Until you sign off on the inspection or any other contingencies your house is not pending.You will be signing a form that will be given to you by your agent. If you have already signed off then the house is yours they have to sell it to you. Many times the selling agent is so busy they fail to update the listing to pending. Yes those extra calls on the house are leads for the agent. No worries it's your house as long as you close. Trust me the seller is just as anxious to sell and get their money as you are to move in. Enjoy and cheers!

[MrFlorida]

They keep it listed until the sale is final, sometimes the buyer backs out for various reasons.

[michaelh]

Put in an offer with VLS, it was accepted, paperwork done and signed. Pending 4 point inspection which showed some minor issues.
Home still shows "for sale" and not "pending" on The Villages VLS site. It's been almost a week since signing the paperwork. Only a few days since the inspection.
What could be going on? Any ideas?

Should not be a problem. They are just busy.

[jonathanb]

Being a retired Villages rep. If the only contingency is inspections it should be pending. Most likely and oversight on contract to change the status. Call your rep.

[OhioBuckeye]

Put in an offer with VLS, it was accepted, paperwork done and signed. Pending 4 point inspection which showed some minor issues.
Home still shows "for sale" and not "pending" on The Villages VLS site. It's been almost a week since signing the paperwork. Only a few days since the inspection.
What could be going on? Any ideas?

I agree with everything you said except “Make them an Offer”. Realtors & TV won’t take offers. We tried that & they said NO OFFERS, we will have it sold in a week. Not trying to step on your toes, but TV knows any house they have will sell for their asking price!

[retiredguy123]

I agree with everything you said except “Make them an Offer”. Realtors & TV won’t take offers. We tried that & they said NO OFFERS, we will have it sold in a week. Not trying to step on your toes, but TV knows any house they have will sell for their asking price!
That may apply to new houses, but you can make an offer on a resale.

[manaboutown]

Realtors & TV won’t take offers.

Since when won't Realtors take offers?

[Karmanng]

I agree with everything you said except “Make them an Offer”. Realtors & TV won’t take offers. We tried that & they said NO OFFERS, we will have it sold in a week. Not trying to step on your toes, but TV knows any house they have will sell for their asking price!


NOT TRUE! I made a offer In may 22 and it was accepted VLS agent said full price i said NO

[joelfmi]

Many homeowners have closed with Plumbing issues and electrical issues which I can attest to have helping them myself being a master Plumber for 55 years before you give any money you should personal check every plumbing fixture many times for sewage problems which has been common.

[jimjamuser]

Put in an offer with VLS, it was accepted, paperwork done and signed. Pending 4 point inspection which showed some minor issues.
Home still shows "for sale" and not "pending" on The Villages VLS site. It's been almost a week since signing the paperwork. Only a few days since the inspection.
What could be going on? Any ideas?
Yes, back out of the sale if you can and if you are going to spend summers here. Summers are too HOT. Try the Carolinas - maybe near the Research Triangle. Your money will go just as far (or further) and you avoid the HOTR summers. Don't get me wrong, if you CAN be a snowbird and maintain 2 homes, then the Villages is a wonderful place to live and be active.

[bopat]

Looks like it's probably the inspection and cost to repair those items, keeping them under the 1.5% purchase price cap on the contract.

[donfey]

Always remember that the VLS agent represents the seller, not you. They are going to do what is best for the seller. That is why you should carefully read the sales contract and know your rights and responsibilities.

EVERY sales agent in EVERY state represents the seller. VLS or MLS makes no difference.

[JMintzer]

Yes, back out of the sale if you can and if you are going to spend summers here. Summers are too HOT. Try the Carolinas - maybe near the Research Triangle. Your money will go just as far (or further) and you avoid the HOTR summers. Don't get me wrong, if you CAN be a snowbird and maintain 2 homes, then the Villages is a wonderful place to live and be active.

Helpful, as usual...

[Pamelah]

Exactly. Why would a person not call their sales agent with questions before posting here? Just don’t get it.

Why would a person be critical of a person asking for advice. Maybe they didn’t think of asking their sales agent. Just don’t get it.

[ron32162]

LOL,,That comes under the.... I'm sorry we JUST put a contract on that home but we have one just down the street we can show you.

[Papa_lecki]

Yes, back out of the sale if you can and if you are going to spend summers here. Summers are too HOT. Try the Carolinas - maybe near the Research Triangle. Your money will go just as far (or further) and you avoid the HOTR summers. Don't get me wrong, if you CAN be a snowbird and maintain 2 homes, then the Villages is a wonderful place to live and be active.

Sure, except it’s 41 in Durham NC today and 80 in the Villages.

Summers are not that bad in FLA, it’s hot, but bearable.

[manaboutown]

EVERY sales agent in EVERY state represents the seller. VLS or MLS makes no difference.

"A Florida buyer agency agreement grants a licensed agent the opportunity to locate a property for a potential buyer and make offers on their behalf. An agent will typically receive compensation in the form of a sales commission when the transaction is complete, although certain brokerages may demand payment in the form of a one-time fee or hourly wage. The agent will have the authority to represent the buyer until a suitable property is purchased or upon the expiration of the contract; four (4) months to one (1) year is standard but any duration is permissible."

From: Free Florida Buyer Agency Agreement - Word | PDF – eForms (https://eforms.com/listing-agreements/fl/buyer/)

[retiredguy123]

"A Florida buyer agency agreement grants a licensed agent the opportunity to locate a property for a potential buyer and make offers on their behalf. An agent will typically receive compensation in the form of a sales commission when the transaction is complete, although certain brokerages may demand payment in the form of a one-time fee or hourly wage. The agent will have the authority to represent the buyer until a suitable property is purchased or upon the expiration of the contract; four (4) months to one (1) year is standard but any duration is permissible."

From: Free Florida Buyer Agency Agreement - Word | PDF – eForms (https://eforms.com/listing-agreements/fl/buyer/)
The compensation clause is very confusing. If the buyer's agent is receiving part of the listing contract commission, then the buyer broker is being paid by both the buyer and the seller. This appears to be a conflict of interest and a violation of Florida law. But, if the buyer is paying a separate commission to the buyer broker, and the buyer broker receives none of the listing contract commission, there would be no conflict, but very few buyers are going to be willing to do that.

The Florida law in this area is about as clear as mud. But, it does say:

"A real estate licensee may not operate as a disclosed or nondisclosed dual agent. As used in this section, the term “dual agent” means a broker who represents as a fiduciary both the prospective buyer and the prospective seller in a real estate transaction."

[Bilyclub]

Yes, back out of the sale if you can and if you are going to spend summers here. Summers are too HOT. Try the Carolinas - maybe near the Research Triangle. Your money will go just as far (or further) and you avoid the HOTR summers. Don't get me wrong, if you CAN be a snowbird and maintain 2 homes, then the Villages is a wonderful place to live and be active.

For every hater of summers here, there are 3 or 4 persons who love it and enjoy the sun along with the emptiness.

[jimjamuser]

For every hater of summers here, there are 3 or 4 persons who love it and enjoy the sun along with the emptiness.
We should get a survey on whether the summers are too HOT here in Fl. And we should do it by age. I would imagine that a 50-year-old would be able to PHYSICALLY HANDLE the heat better than the 75 and 80-year-olds. I REALLY don't know the answer to that. And I WOULD !!!!!!!

[Papa_lecki]

We should get a survey on whether the summers are too HOT here in Fl. And we should do it by age. I would imagine that a 50-year-old would be able to PHYSICALLY HANDLE the heat better than the 75 and 80-year-olds. I REALLY don't know the answer to that. And I WOULD !!!!!!!

According to google, the average temp in Orlando is July is 92, in chapel hill, its 89

And its 80 in TV today, and 40 in NC today

[brianherlihy]

watch them we had a lot of trubble with them

[brianherlihy]

we are selling our home and wont use them

[jimjamuser]

According to google, the average temp in Orlando is July is 92, in chapel hill, its 89

And its 80 in TV today, and 40 in NC today
We all know that 90 degrees in Fl. is WAY hotter than 90 degrees in TN. or North Carolina. There is this LITTLE thing called HUMIDITY.

[JMintzer]

According to google, the average temp in Orlando is July is 92, in chapel hill, its 89

And its 80 in TV today, and 40 in NC today

SHHH... You'll only confuse him...

Summers in the DC area are "Hazy, Hot and Humid", typically 90's in July and August... Pretty much the same as in TV...

BTW, it snowed in the DC area last night... How was your evening?

[JMintzer]

We all know that 90 degrees in Fl. is WAY hotter than 90 degrees in TN. or North Carolina. There is this LITTLE thing called HUMIDITY.

You've obviously never been to DC in the summer... Nor Charleston, SC, The Outer Banks, NC, or Nashville... Nor hundreds of other cities...

Humidity isn't only limited to FL...

You seem to be so miserable, living in TV...

May I suggest a move to NC, maybe the "Research Triangle"... I hear the weather is much better and the cost of living is lower...

[JSR22]

We all know that 90 degrees in Fl. is WAY hotter than 90 degrees in TN. or North Carolina. There is this LITTLE thing called HUMIDITY.

We are here year-round and completely happy. No hotter than NJ and we have our own pool. Jump in anytime day or night. Everything is air conditioned. Easier to get a res at the better restaurants life is great!

[jimjamuser]

You've obviously never been to DC in the summer... Nor Charleston, SC, The Outer Banks, NC, or Nashville... Nor hundreds of other cities...

Humidity isn't only limited to FL...

You seem to be so miserable, living in TV...

May I suggest a move to NC, maybe the "Research Triangle"... I hear the weather is much better and the cost of living is lower...
Lived in Tn, Az, Oregon, Pa, Ca., Kansas, and Nebraska. Also besides humidity, Fl. is closer to the Equator than say Tn. and believe me I could tell the difference. Felt much hotter at the same temperature in the sun of Fl. The sun IS more intense. Actually, I have been to Nashville and it can feel HOT in the summer. The feeling of HEAT can also be affected by altitude and also population density.

[Altavia]

We all know that 90 degrees in Fl. is WAY hotter than 90 degrees in TN. or North Carolina. There is this LITTLE thing called HUMIDITY.

Not really, and they sometimes they
may not drop below 85 at night.

[JMintzer]

Lived in Tn, Az, Oregon, Pa, Ca., Kansas, and Nebraska. Also besides humidity, Fl. is closer to the Equator than say Tn. and believe me I could tell the difference. Felt much hotter at the same temperature in the sun of Fl. The sun IS more intense. Actually, I have been to Nashville and it can feel HOT in the summer. The feeling of HEAT can also be affected by altitude and also population density.

Another completely irrelevant response to one of my posts...

[Catalina36]

Put in an offer with VLS, it was accepted, paperwork done and signed. Pending 4 point inspection which showed some minor issues.
Home still shows "for sale" and not "pending" on The Villages VLS site. It's been almost a week since signing the paperwork. Only a few days since the inspection.
What could be going on? Any ideas?

Question, Did you sign a Contract to purchase or a offer??? Once a Offer is accepted then you have maybe a couple of days to have a house inspection. Then you need to sign a contract to purchase. If you did not sign a Contract to purchase the house will remain for sale until you sign a contract. You need to talk with your sales rep and clarify whats going on? Now if you did sign a contract pending a contingency then if someone comes along and offfers the asking price or more then you offered with no contingencies then you could lose the house.

[retiredguy123]

Question, Did you sign a Contract to purchase or a offer??? Once a Offer is accepted then you have maybe a couple of days to have a house inspection. Then you need to sign a contract to purchase. If you did not sign a Contract to purchase the house will remain for sale until you sign a contract. You need to talk with your sales rep and clarify whats going on? Now if you did sign a contract pending a contingency then if someone comes along and offfers the asking price or more then you offered with no contingencies then you could lose the house.
Not exactly. Typically, when you make an offer and it is accepted, you have a contract to purchase, with one of more contingencies. The contract is usually signed before the inspection is made. But, you cannot lose the house to another buyer as long as you have a signed contract to purchase the house, contingencies or not.

[PoolBrews]

We all know that 90 degrees in Fl. is WAY hotter than 90 degrees in TN. or North Carolina. There is this LITTLE thing called HUMIDITY.

Not true at all. I lived in GA for 10 years before moving to FL. Same temps in summer, but GA was far worse due to humidity. Florida, being a peninsula, has a constant air stream moving across it at nearly all times. This serves to lower the humidity. GA (and states like TN, NC) are constrained on all sides by other land, reducing the amount of air movement they get (not counting the coast itself). This results in much higher humidity.

I lived it and experienced it.

[JMintzer]

Not true at all. I lived in GA for 10 years before moving to FL. Same temps in summer, but GA was far worse due to humidity. Florida, being a peninsula, has a constant air stream moving across it at nearly all times. This serves to lower the humidity. GA (and states like TN, NC) are constrained on all sides by other land, reducing the amount of air movement they get (not counting the coast itself). This results in much higher humidity.

I lived it and experienced it.

There you go... Using actual life experiences and facts to come to a conclusion...

How dare you! :1rotfl::1rotfl::1rotfl:

[Bogie Shooter]

Another completely irrelevant response to one of my posts...

As so many are……………

[jimjamuser]

Not really, and they sometimes they
may not drop below 85 at night.
Just a little bit confusing wording ?

[jimjamuser]

Another completely irrelevant response to one of my posts...
Alright good, call me Mr.Irrelevant and pay me like a 3rd string NFL quarterback

[JMintzer]

As so many are……………

Admitting you have a problem is the first step...

[rsmurano]

A lot of misinformation here. It happened to us in another state and it is true here, there is a time limit that a realtor has to put the listing as pending after signing a sales contract, usually it’s 3 days. Check MLS restrictions. BUT, if you list it thru the VLS, this contract is outside of the MLS and they do not have to follow the normal guidelines of the MLS. Villages sales agents are not realtors and are not part of the MLS so you have to check with them to see what their rules are for changing the status of your home.

[OhioBuckeye]

That may apply to new houses, but you can make an offer on a resale.

Your exactly right. When we sold our Lilac, our realtor priced our house what they thought Lilac’s were going for, Fenny sub division we’re selling them cheaper (brand new) but we bought ours at a very good price. We didn’t get exactly what we were asking but made money on it! Thanks for my minor error retiredguy123. But your right preowned homes you can make offers, but TV don’t own them!

[jfkilduff]

If I were selling my home and there were a few inspection issues I would tell u if u wanted a new home buy one mine is as is where is and sell it to someyelse

[jimjamuser]

We are here year-round and completely happy. No hotter than NJ and we have our own pool. Jump in anytime day or night. Everything is air conditioned. Easier to get a res at the better restaurants life is great!
If that IS what life is about, then yes we should all knock ourselves out jumping in our OWN pool (oh I forgot not everyone has one, pity the poor) and then get our driver to drive us to a restaurant. Whoopee beach balls Batman, life is just PEACHY in the bubble.
........BUT, some poor people like to step outside and DO something which is practically IMPOSSIBLE for MANY IN THE AFTERNOON when the heat can burn your hand if you touch a dark metal car or anything. And while walking in flip flops they may stick to the asphalt. Just living the PEACHY life in BUBBLE land.
........But IF someone likes that kind of life, then more power to them. and enjoy the next 30 years because scientists predict INCREASING warming.

[jimjamuser]

Another completely irrelevant response to one of my posts...
Confucius says that irrelevance is as irrelevance responds !

[retiredguy123]

If I were selling my home and there were a few inspection issues I would tell u if u wanted a new home buy one mine is as is where is and sell it to someyelse
You can sell your house "as is", but it needs to be listed that way. But, it is usually not a good idea, if you want a fair price.

Also, new houses come with a very good warranty. Are you going to provide a warranty?

[Kenswing]

If that IS what life is about, then yes we should all knock ourselves out jumping in our OWN pool (oh I forgot not everyone has one, pity the poor) and then get our driver to drive us to a restaurant. Whoopee beach balls Batman, life is just PEACHY in the bubble.
........BUT, some poor people like to step outside and DO something which is practically IMPOSSIBLE for MANY IN THE AFTERNOON when the heat can burn your hand if you touch a dark metal car or anything. And while walking in flip flops they may stick to the asphalt. Just living the PEACHY life in BUBBLE land.
........But IF someone likes that kind of life, then more power to them. and enjoy the next 30 years because scientists predict INCREASING warming.
Are you doing okay? You seem to be a little more amped up than usual lately. I know you feel it’s a horrible world we’re forced to live in, especially here in La La Land as you call it. But maybe you’d be able to lower your stress level a bit if you didn’t spend so much time on this site battling everyone. It’s obviously starting to take its toll.

[jimjamuser]

Are you doing okay? You seem to be a little more amped up than usual lately. I know you feel it’s a horrible world we’re forced to live in, especially here in La La Land as you call it. But maybe you’d be able to lower your stress level a bit if you didn’t spend so much time on this site battling everyone. It’s obviously starting to take its toll.
Thank you, that's the nicest time that you HAVE ever said to me. I think that WE are making progress. Maybe the rest of society will follow suit. One question is, "IS the toll on me or on others that probably need to have someone challenge THEIR thought and opinions". I am an admitted OUTLIER that doesn't BUY the idea that we live in a PERFECT bubble. I point out the imperfections, but I DON'T expect that people will instantly jump up and say, "Yes, he's right, I NEVER thought of it that way". Change takes TIME and positive CHANGE begins with someone having a view that is different from the mainstream view. There was a new lady on the forum today that said things just about the way I would have said about a situation. So, I am NOT totally alone in my criticisms of some situations. The majority opinions are NOT always the right opinion.

[Jayhawk]

There was a new lady on the forum today that said things just about the way I would have said about a situation. So, I am NOT totally alone in my criticisms of some situations.

Was that really a "new lady" or your second, secret account?

:a040::a040:

[jimjamuser]

Was that really a "new lady" or your second, secret account?

:a040::a040:
I don't NEED 2 accounts or secrets.

[bopat]

Just a quick follow up, still doesn't show "pending" and the VLS listing agent "isn't sure" why. Looks like someone's not being honest. Could be time to back out of the deal.

[retiredguy123]

Just a quick follow up, still doesn't show "pending" and the VLS listing agent "isn't sure" why. Looks like someone's not being honest. Could be time to back out of the deal.
If you back out of the deal, you could lose your earnest money, and maybe more. Isn't there a time frame for the contingencies to be addressed? If the inspection results are minor issues, and that is the problem, you can always negotiate on those, or even remove the inspection contingency yourself.

[JMintzer]

Just a quick follow up, still doesn't show "pending" and the VLS listing agent "isn't sure" why. Looks like someone's not being honest. Could be time to back out of the deal.

Relax. You have a signed contract. Who cares if it shows up as a green or yellow dot...

[retiredguy123]

Just a quick follow up, still doesn't show "pending" and the VLS listing agent "isn't sure" why. Looks like someone's not being honest. Could be time to back out of the deal.
Note that on the Villages app, there are more than 100 pre-owned houses listed for sale, but when you apply the "pending" filter, they don't show any houses as pending. Obviously, something is wrong with their data system.

[Altavia]

Just a quick follow up, still doesn't show "pending" and the VLS listing agent "isn't sure" why. Looks like someone's not being honest. Could be time to back out of the deal.

As others have advised, that is not uncommon.