Does seem a little inflexible, but understandable. With the volume of homes they are building and closing on, especially since for people to get the $6500 tax credit they have to close by the end of September, they have to run a very schedule oriented operation. In order to close on an additional home that day it would require either overtime or a reshuffling of the schedule. In the "normal" world, you usually don't run into this kind of problem.

You're justified in your outrage. I would be pretty pi**** off too.
I try to remind myself when confronted with mindless rules and inflexibility that in 5 years it won't matter. Then try to move on. Life is too short to worry about things you can't control.
If you recall how you used to order a new car in the 1960's, you picked out the color, all the options and ordered the car. In a few weeks you'd get that long awaited call from the dealer that your car had arrived. Now you pretty much buy what's on the lot. You can order a very few options, which are dealer installed.
I guess TV is doing pretty much the same thing and I guess it works for them. They sure sell alot of homes. The fact that the customer is inconvienced is of little or no importance to the policy makers at TV.
Still, it's a great place to live and I'd buy in TV again in a heartbeat.

I don't know how you buy cars, but the last 3 we bought had to be ordered. The dealer did not have EXACTLY what we wanted. Maybe you're more inclined to just settle.

I still think is is rediculous for them to have to pay the developer to close early. It's their screw up. If the buyers had made the mistake, then they should have to pay, but not in this case.

Hold the phone- Paul D You said "With the volume of homes they are building and closing on, especially since for people to get the $6500 tax credit they have to close by the end of September,"

I thought that rule ended in April. We closed on August 16. Are you telling me that I get the $6500 tax credit. If this is so, prove your point and I owe you a dinner.

I think when you look at TV you have to total up all the on going fees, deed restricitons, inflexability to change etc as the cost of living in the village. If you think you will not be happy with this way of life them you move on. Looks to me that what ever the developer did, he has meet the needs of more people than any other developer.

If you had a binding sales contract signed by May 1, 2010, you have until September 30, 2010 to complete the purchase, or close, to receive the federal housing tax credit. ($8,000 first time buyers, $6.500 repeat buyers.)


http://www.irs.gov/newsroom/article/...206293,00.html

http://www.irs.gov/pub/irs-pdf/i5405.pdf

What's the screw up? The builder had a deadline to meet and that's what he did. Just because he was a little early doesn't change the closing date agreed upon when the home was purchased. Unless things have changed they pay penalties if they don't make the date so being early is in their best interest, not your convenience.

To ask to close early involves: 1) scheduling, perhaps they already had a full schedule of closings for that earlier date. 2) paperwork, if the paperwork is already in the system and ready to be printed or already printed it would have to be redone. Also the various fees, interest, etc. would have to be recalculated. 3) The builder's walk through, again he may have a full schedule for that date. 4) utilities are probably scheduled to be switched on that particular date.

In my experiences TV does a great job of closing on time. When they say September 9, they absolutely mean September 9. They have a team of little worker bees buzzing around and getting everything ready for that date, and when September 9 arrives the little bees are all lined up ready for the closing.

Same experience
 

We were told the same thing. We could have cosed 7-5 instead of 7-23 but we were too stubborn to pay the money. Same thing happened to our neighbor. I am from Cincinnati the home of "Proctor and God" It seems there is a new one here. Morse and God. Tee Hee

Tom, Here's what I found....
http://www.reuters.com/article/idUST...00702:thumbup:

I agree that you can not find a better place to be even with all the restrictions and inflexibility. It is undoubtedly the best place we could have hoped to find to live (even thought we're not there yet). However, I still do not think the purchaser should be made to pay for ANYTHING that the builder made an error on. The original poster did not indicate whether it was an option to close early and if so, they would have to pay the $250. If it is an option, and they feel like paying to move in early, OK, but I got the feeling that they didn't want to move in early.

Greg.

Finishing early doesn't seem to be an error. The buyer wanted to change the closing to be earlier. Please reread the first post. And I agree with the worker bee post. I doubt if anyone in this country has the volume of home sales that The Villages has...right now.

I understand her frustration. It seems like it could have been worked in. There are just so many closings happening every day.

LaryB The page wouldn't come up...
Page Not FoundOur apologies, the requested page was not found. Please double-check the URL for proper spelling and capitalization. If you're having trouble finding a page in Reuters, please chose from the options below:
Go to the Reuters home page.

Browse the Reuters site map

If you still can't find what you're looking for, you may wish to send a message to the Help Desk

Tom, see my above post regarding the federal housing credit. I linked to the IRS regarding the matter.

Nevermind.

And Tom, try right clicking on the link and then click on open in a new window.

Although we closed in August, we purchased the house in July, so I believe the tax credit is no good for me.