[Chi33]

Originally Posted by vintageogauge

That is not true, it's the red tape and amount of time it takes and MOST new homes are already built when they are sold, too late to monitor and inspect the building.

I would recommend having your finances in order when you get down here as you stand a good chance of not getting the home you want if you're not ready to act quickly and on a new home very quickly.

I though by coming down here in May there would be less buyers, not true. They closed on 74 homes the week we purchased ours through the Lake Sumter Sales Office and it ends up May was one of the best months for sales in TV.

I don't believe you are 100% right. I don't think you can buy a new designer home that you design with a VA loan.

It wouldn't be too late to inspect then if you bought the land (like in Pine Hills).

So, what do I know, but I will stick to my story; everything worked out for me.

[Marie493]

you can not use a VA loan on a new home because the builder is not VA approved. However you can use a VA loan on a resale no problem at all.

[graciegirl]

Originally Posted by Marie493

you can not use a VA loan on a new home because the builder is not VA approved. However you can use a VA loan on a resale no problem at all.

It has nothing to do with the builder not being VA approved. The builder does not accept VA loans on new homes here in The Villages.

[NH to Fl]

Yes you can use VA koans for houses in the Villages

[graciegirl]

Originally Posted by NH to Fl

Yes you can use VA koans for houses in the Villages

On used homes, not new ones.

[Mrs. Robinson]

Originally Posted by graciegirl

It has nothing to do with the builder not being VA approved. The builder does not accept VA loans on new homes.

If the builder is not the owner of the property being built, he (the builder) has no say regarding a VA loan.

In the case of The Villages, the builder is not the owner or developer.

[graciegirl]

Originally Posted by Mrs. Robinson

If the builder is not the owner of the property being built, he (the builder) has no say regarding a VA loan.

In the case of The Villages, the builder is not the owner or developer.

I am sure I don't understand. Who owns the property that is being developed here if not the builder/developer, the Morse family?

The Villages has never accepted VA or FHA on NEW homes.