Question about time between purchasing and closing on a house in FL!

Closed Thread
Thread Tools
  #1  
Old 01-26-2015, 02:55 PM
Glinds8451 Glinds8451 is offline
Junior Member
Join Date: Oct 2011
Posts: 27
Thanks: 0
Thanked 1 Time in 1 Post
Default Question about time between purchasing and closing on a house in FL!

My husband and I are relocating from Buffalo NY to TV in May/June this year. In New York State, it takes approx. TWO MONTHS from the time the offer/bid goes in on a purchase to the closing date.

In some states like NV, it's much quicker. Is FL quicker than two months too?

Can anyone share their experience with us as to how long it took from the date you put an offer or bid on a home........to the date you closed on a house in the Villages? We would really appreciate any insight you have.

Also, was it on a pre-owned or new?
  #2  
Old 01-26-2015, 03:25 PM
theorem painter's Avatar
theorem painter theorem painter is offline
Senior Member
Join Date: Jan 2013
Location: Tall Trees
Posts: 466
Thanks: 4
Thanked 37 Times in 18 Posts
Default

We are also from western NY and bought last February. From contract to closing was 2 1/2 weeks on a resale. Most closing down here are done through Title Companies. Usually no attorneys are involved which is probably why closings happen faster here than in NY. You will love it here and the only thing you will miss is Wegmans.
__________________
Sally
******************************************
Great minds discuss ideas.
Average minds discuss events.
Small minds discuss people.

Eleanor Roosevelt
  #3  
Old 01-26-2015, 03:26 PM
bagboy bagboy is offline
Soaring Eagle member
Join Date: Jul 2011
Posts: 2,219
Thanks: 225
Thanked 1,043 Times in 369 Posts
Default

We selected our lot, the home was built, and we closed all in just under 60 days. Typically new builds can take up to 6 months to build and get the transaction closed. In The Villages that process for new builds is much quicker. As for pre-owned homes, a 30 to 60 day time frame can be expected and that would include loan approval and underwriting, inspections and repairs, title work, etc. If you are paying cash, the time frame can be as quick as 7 to 10 days, but I would strongly recommend that you let the process work through its normal progression and DEFINATELY hire an independent and certified home inspector to inspect your potential new home for flaws, defects, and possible safety risks.
Good Luck with your relocation and your home search. Living in and enjoying The Villages is an awesome lifestyle.
  #4  
Old 01-26-2015, 04:00 PM
village dreamer village dreamer is offline
Veteran member
Join Date: Jul 2014
Posts: 839
Thanks: 0
Thanked 336 Times in 123 Posts
Default

on most stock homes ,cash deal,3-4 weeks.
  #5  
Old 01-26-2015, 04:14 PM
capecoralbill capecoralbill is offline
Senior Member
Join Date: Nov 2014
Posts: 344
Thanks: 10
Thanked 31 Times in 24 Posts
Default

Hi,
I'm from WNY too, went to Amherst and grad in 1965. Yes you will miss Wegman's....but that is the ONLY thing. I'm on my second house down here, Some houses have gas heat and appliances you may like that, I don't think the new builds do though. From the first day I saw my pre-owned house to the day it closed through the local Title / Law offices it took 12 days, I paid cash, it is 16 years old. I waived my inspections, it is your choice, they are pricey and of questionable value. In any event good luck, this is like Disney world for retirees. Bill
PS, I have my first house for sale, let me know if interested...260,000.
  #6  
Old 01-26-2015, 04:37 PM
MikeV's Avatar
MikeV MikeV is offline
Gold member
Join Date: Oct 2012
Location: Village of Charlotte
Posts: 1,380
Thanks: 0
Thanked 1 Time in 1 Post
Default

Time from selecting options, building and closing was 72 days.
__________________
New Jersey, Texas, Mississippi, Delaware, Mississippi, Viet Nam, New York, Guam, New York, Massachusetts, New York, The Villages.
  #7  
Old 01-26-2015, 04:41 PM
duhbear's Avatar
duhbear duhbear is offline
Senior Member
Join Date: Jul 2014
Posts: 257
Thanks: 2
Thanked 23 Times in 16 Posts
Default

We purchased and closed on a used house in TV in three weeks last June.
  #8  
Old 01-26-2015, 04:44 PM
wudda1955 wudda1955 is offline
Member
Join Date: Jul 2014
Posts: 94
Thanks: 0
Thanked 0 Times in 0 Posts
Default

We bought new. It took 35 days from the day we put down the deposit until closing and that was with a mortgage.
  #9  
Old 01-26-2015, 04:58 PM
Colts Fan's Avatar
Colts Fan Colts Fan is offline
Senior Member
Join Date: Jul 2014
Location: Village of Hillsborough
Posts: 113
Thanks: 8
Thanked 3 Times in 3 Posts
Default

We bought new and paid cash. Closing was 14 days after contract.
__________________
Formerly Indianapolis, Indiana
  #10  
Old 01-26-2015, 04:58 PM
birdawg's Avatar
birdawg birdawg is offline
Veteran member
Join Date: Dec 2010
Location: Allamuchy NJ, Fernandina
Posts: 615
Thanks: 1,704
Thanked 165 Times in 73 Posts
Default

11 days cash deal on a new home.
  #11  
Old 01-26-2015, 06:14 PM
lanabanana73's Avatar
lanabanana73 lanabanana73 is offline
Veteran member
Join Date: Feb 2012
Location: Windsor, VT
Posts: 688
Thanks: 0
Thanked 10 Times in 9 Posts
Default

30 days close on a resale two months ago.
__________________
Alanna from Vermont

Drank the Kool-Aid and now own a home in Tamarind Grove. Yippee!!
  #12  
Old 01-26-2015, 07:00 PM
dbussone's Avatar
dbussone dbussone is offline
Sage
Join Date: Jun 2012
Posts: 7,833
Thanks: 0
Thanked 86 Times in 78 Posts
Default

21 days on a new home in 2012
__________________
All the great things are simple, and many can be expressed in a single word: freedom, justice, honor, duty, mercy, hope.
Winston Churchill
  #13  
Old 01-26-2015, 07:10 PM
Villager Joyce Villager Joyce is offline
Soaring Eagle member
Join Date: Aug 2013
Location: The Villages
Posts: 2,004
Thanks: 0
Thanked 4 Times in 4 Posts
Default

30 days for new house in 2013. TV sets the date and time and you say "yes ma'am/sir" and show up. Closing was very efficiently handled. Very professional.
  #14  
Old 01-26-2015, 07:35 PM
CassieInVa CassieInVa is offline
Senior Member
Join Date: Sep 2013
Posts: 245
Thanks: 0
Thanked 1 Time in 1 Post
Default

We had offer on preowned home accepted and closed in less than 10 days. Cash deal.
  #15  
Old 01-26-2015, 08:57 PM
sligo sligo is offline
Member
Join Date: Feb 2014
Posts: 40
Thanks: 0
Thanked 0 Times in 0 Posts
Default

We closed in 30 days, did not have to be present.
Closed Thread


You are viewing a new design of the TOTV site. Click here to revert to the old version.

All times are GMT -5. The time now is 05:46 AM.