[Juliebythesea]

No not true. The same thing would happen with MLS

[mlmarr1]

Title companies are slammed..with new buyers from around this country, cash buys are taking 39 days if, work is completed.
...next its hard to keep peiple working or even find workers in all areas... why because the government Pay's them plenty to sit at home and collect $$$$... California is probably worse.. relax or stay there.

[mk1126]

Don't use Chase either; drag their feet.

[mlmarr1]

New construction is also having issues with appliance packages... warehouses are slim..factory's.. employees..materials etc..
Sign of the times..no longer 2020

[Tankerrich]

Originally Posted by MSchad

Some people just don’t bother to read. “Trying to close on NEW CONSTRUCTION”

Most of us stop reading once we find the answer we are looking for.

[mlmarr1]

New and resale are lack of employee related issues.. look around

[Proveone]

If you went through Citizens First Bank of The Villages, you would have closed on time. Maybe even another local bank. But if you went through an out of state bank, that's where your problem came from.

[lpkruege1]

Read what you Sign, Understand what you Read.
Do you pay interest on a loan? This is a commitment to buy. If you're late/bank is late closing, you owe them daily funds to cover their losses. Most homes include a provision for the loss. As a seller, if you fail to move out on time, there's a daily penalty. Same for a buyer. Read what you Sign, Understand what you Read.

[uprivergirl]

We also moved from Ca. We had a 30 day escrow and had to pick out a day to close. We paid $200 because our Ca. couldn't close in 30 days. We paid extra for 7 days. The Ca, closed early so we changed the escrow date and had to paid a change fee. It was cheaper to do that than pay for a hotel with a cat. No they would not change the fees.

[newbie1758]

Due to illness, we were 3 days late for our closing having had to travel from NY. Yes, we were charged a 3 day penalty. No, they are not flexible.

[Samfl]

Your realtor should have informed you that closing on a new home in TV is a hard date. Going past the date will cost you per day until you close. I worked for a national builder and it was the same policy for every home in every state. If your lender could not commit to getting your loan done by the assigned date, they should have told you that so you could make other arrangements. Lots of people use Citizens First for that very reason.

Hello, looking for a little info to see if anyone has experienced this. Bought my mother a home in TV and moving her from California. Unfortunately with all the home buying going on it took my lender more time to get the loan out to the title company and went past the closing date assigned by TV. Not ever buying a home in this state I didn’t know what to expect for a proper time frame. I’m realizing it takes longer here for all parties to get together on things to close. Anyway my question is has anyone gone over and had to pay extra for each day not closed and how much? Are they negotiable? I’m just trying to get some figure or have some kind of idea and no one can tell me until final figures come out. Has anyone else had this happen. Never heard of such a thing.

Thanks in advance[/QUOTE]

[charlieo1126@gmail.com]

I started the process of selling and buying a 6th home in villages while in Thailand, I am closing on the date I expected with no problem, this will be my 15th home or condo ,mortgage brokers will tell you and I agree that if you produce all the documents in a timely manner most closings no matter how hot the market will close on time

[Roron123]

Your realtor should have asked for an extension if mortgage was not completed at the time of closing!!

[Curtisbwp]

Originally Posted by Tracyb624

Hello, looking for a little info to see if anyone has experienced this. Bought my mother a home in TV and moving her from California. Unfortunately with all the home buying going on it took my lender more time to get the loan out to the title company and went past the closing date assigned by TV. Not ever buying a home in this state I didn’t know what to expect for a proper time frame. I’m realizing it takes longer here for all parties to get together on things to close. Anyway my question is has anyone gone over and had to pay extra for each day not closed and how much? Are they negotiable? I’m just trying to get some figure or have some kind of idea and no one can tell me until final figures come out. Has anyone else had this happen. Never heard of such a thing.

Thanks in advance

I am in my second home in TV. I told the realtor that i wanted to buy the home. I was haveing a soft drink at Johnny Rockets. My phone rang and within 20 minutes of quesrions i was granted the loan and had a date for closeing.

[BetoBoy]

I just experience a similar situation you have described. My closing got pushed 38 days I closed on March 31st. The Villages charged me an additional $2,850 ($75 per day) as an additional cost at the closing. However, if you are buying a home that is discounted, the penaly is $500 per day. If you are only talking about a 2 or 3 day push, they will not enforce the per day charge.
The Villages will not negotiate. The Villages conduct so many closing, they are if you get lower price and other people are aware, this causes problems for them. They are very consistent and disciplined with their pricing policies.
Good Luck.