[Michael 61]

I am in the process of trying to buy a new home in Richmond - tried and failed Monday (I was #3 of 10 people attempting to place a hold on a particular property at 8am on Monday). I am trying again tomorrow morning on another new home (fingers crossed). Richmond seems extremely popular, as many buyers have been waiting for this village to open up. Question for those of you who purchased a new home in TV, did you get your first choice, or did you have to try multiple times to finally secure a new home?

[asianthree]

Originally Posted by Michael 61

I am in the process of trying to buy a new home in Richmond - tried and failed Monday (I was #3 of 10 people attempting to place a hold on a particular property at 8am on Monday). I am trying again tomorrow morning on another new home (fingers crossed). Richmond seems extremely popular, as many buyers have been waiting for this village to open up. Question for those of you who purchased a new home in TV, did you get your first choice, or did you have to try multiple times to finally secure a new home?

We wanted to build in Richmond, the lots available that would fit our build, was 9 lots We tried for all of them. We were Anywhere from #5 to 32. We got lot number 9, not the lot we wanted, or the area of Richmond, but our house will fit, along with the pool. But not room for any side stretching.

After we put down our money, 3 more lots that would have been ideal came up, we tried for them also, knowing we would loose our deposit. Best we got was #2, and #5 and first people took the lot. So we are building on the 9th lot we bid on. It was very frustrating, and glad we are building in Richmond, but what a roller coaster.

Any advice that I can give you is don’t get your hopes up, if you get a house, celebrate, because there were 20 plus others that lost, and if you don’t get #1, there will be another house to put your name one, and you might get lucky. If not there will be a new village to buy a house, down the line

[Babubhat]

Originally Posted by Michael 61

I am in the process of trying to buy a new home in Richmond - tried and failed Monday (I was #3 of 10 people attempting to place a hold on a particular property at 8am on Monday). I am trying again tomorrow morning on another new home (fingers crossed). Richmond seems extremely popular, as many buyers have been waiting for this village to open up. Question for those of you who purchased a new home in TV, did you get your first choice, or did you have to try multiple times to finally secure a new home?

Not uncommon. They should sell to highest bidder.

[MsPCGenius]

We had to take five bites of the apple before we landed (this morning) at #1. We ultimately stepped down in square footage, but were still able to secure a model that met my criteria, and in the area of Richmond that we initially targeted. I'm happy. Don't give up!

[Oldragbagger]

We got our first choice but it was a nail biter for a few hours. We ended up being #2 on the list. At first we were told the #1 buyer had signed the purchase agreement and we would have to try again. But about four hours later we got a call saying he hadn’t come through with his deposit so it was ours if we still wanted it. We did!! And we’re very happy with our choice.

[Debfrommaine]

My family member got into that lottery second day they opened up next group, and first pick on a veranda, very lucky. Also good is the price remains the same on the home, can't bid that up on new construction....or offer lower, it is what it is.

[bsloan1960]

Originally Posted by Babubhat

Not uncommon. They should sell to highest bidder.

Selling to the highest bidder is certainly the typical way homes are sold. We are fortunate that TV has set housing prices for homes rather than have bidding wars.

With 20 people wanting for each home, "regular people" of modest means could never afford to prevail in a bidding war. I've read that TV has the highest per capita of millionaires of any community. Regular people would be outbid on every house and never find a way of moving here. Just my 2 cents.

[rustyp]

Originally Posted by bsloan1960

Selling to the highest bidder is certainly the typical way homes are sold. We are fortunate that TV has set housing prices for homes rather than have bidding wars.

With 20 people wanting for each home, "regular people" of modest means could never afford to prevail in a bidding war. I've read that TV has the highest per capita of millionaires of any community. Regular people would be outbid on every house and never find a way of moving here. Just my 2 cents.

I would like to see where that statistic was stated - duh - highest per capita millionaires of any what - non gated community?

[Stu from NYC]

Wow the developer has a gold mine

[Dotneko]

Originally Posted by asianthree

We wanted to build in Richmond, the lots available that would fit our build, was 9 lots We tried for all of them. We were Anywhere from #5 to 32. We got lot number 9, not the lot we wanted, or the area of Richmond, but our house will fit, along with the pool. But not room for any side stretching.

After we put down our money, 3 more lots that would have been ideal came up, we tried for them also, knowing we would loose our deposit. Best we got was #2, and #5 and first people took the lot. So we are building on the 9th lot we bid on. It was very frustrating, and glad we are building in Richmond, but what a roller coaster.

Any advice that I can give you is don’t get your hopes up, if you get a house, celebrate, because there were 20 plus others that lost, and if you don’t get #1, there will be another house to put your name one, and you might get lucky. If not there will be a new village to buy a house, down the line

Is losing your deposit a new thing? As of two years ago, you could apply your deposit to another lot pre design appointment.
We were fortunate to be first in line for our lot. There were 7 in line behind us if we backed out. You need a shark of an agent. Ready to hit the button the second they open the section up.

[asianthree]

Originally Posted by Dotneko

Is losing your deposit a new thing? As of two years ago, you could apply your deposit to another lot pre design appointment.
We were fortunate to be first in line for our lot. There were 7 in line behind us if we backed out. You need a shark of an agent. Ready to hit the button the second they open the section up.

You can no longer transfer monies to a different property. In years past before the buying frenzy, you could move your deposit to another lot or house. All agent are up and ready at the strike of 8am, problem is there are more agents than in years past, and it’s a crap shoot as to who get #1 & # 2 spot. No skill involved, just outright luck.

[Decadeofdave]

This all sounds like 2005, Wow!

[asianthree]

Originally Posted by Decadeofdave

This all sounds like 2005, Wow!

The same in 07, houses were selling before they were finished. But then the reason was that was the end of the developer building anymore houses. We all know how that went…

[bsloan1960]

Originally Posted by rustyp

I would like to see where that statistic was stated - duh - highest per capita millionaires of any what - non gated community?

I would have gladly taken the time to post it for you. But I'm not going to "- DUH -" take time to go looking for someone who was never taught the most fundamental manners of how to treat a fellow human.

-DUH-

[rhpatsell@gmail.com]

Honestly we felt like we won the lottery by getting a veranda on our fourth try.There were 20 plus agents trying for each one. Not the model nor finishes we really wanted but absolutely the perfect village location which was our priority. Keep trying !