Posts from August 4th, 2023
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Frequently Asked Questions About The Villages Florida
What are community development districts? Community development districts are special-purpose municipalities developed pursuant to Florida Statutes Chapter 190. They are an efficient and long-term way to finance, operate, and maintain infrastructure, e.g., wastewater treatment facilities, water and sewer systems, stormwater management, etc.
How are CDDs governed? Initially, the landowner(s), developer, elects a five-member board of supervisors that appoint a district manager to develop policies and procedures. After about six years, the homeowners living in the district become responsible for governance and elect their own supervisors.
How are CDDs Financed? State law permits CDDs to issue revenue bonds, the proceeds of which are used to finance the design and construction...
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The Difference Between Realtors and The Village's Sales Representative
Realtors are real estate professionals. Realtors belong to the National Association of Realtors (NAR) and are required to provided services consistent with a Code of Ethics that if violated may subject the Realtor to a substantial fine. What follows discusses the relationship that the sales representative and Realtor have with the buyer.
Florida Realtors are Transaction Brokers whose responsibility is to organize a real estate transaction between a buyer and seller of real property. The Realtor provides the buyer with homes that are listed by Multiple Listing Services (MLS) that fits the buyer's requirements, helps the buyer value the property and develop a negotiating strategy, prepares the purchase agreement and related documents, explains the buyer's rights and responsibilities, and coordinates an array of closing activities to facil...
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The Villages Home Closing Process
What is Escrow?
Escrow is the process by which the interests of all parties in a real estate transaction are protected, ensuring that all conditions of the sale have been met before property and money change hands. Escrow is an independent depository wherein all funds, instructions, and documents for the purchase of your home are held, including: What is Escrow?
Property Taxes and Bond Debt
Property taxes are paid in arrears on...
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Some Interesting Facts About The Villages Florida
A Lifestyle That is Second to None! Villagers enjoy living in a friendly, active, and welcoming environment that is completely unique! There is an abundance of recreation, social, and commercial amenities right at their fingertips, and all accessible by golf cart. And, of course, there's Central Florida weather . . . Come on Down!
Find Your Dream Home Here: Homes For Sale and Rent
The Villages covers over 32 square miles and occupies a portion of Lake, Sumter, and Marion Counties in Central Florida with all recreation, soc...
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Sinkholes in The Villages Florida
For Most People, the home is their single largest investment. So, when they decide to relocate to Florida and select their new home, it's a big deal. The astute buyer seeks to be informed about the community, the comparative value of homes that fit their budget and feature requirements, the material condition of the home, the cost of homeowner's insurance, and an array of other things that support an informed buying decision.
While the average buyer in Florida doesn't appear to give a second thought to the potential loss due to fire, hurricane, lightning strikes, and a host of other calamities, they have come to be very concerned about the potential for sinkhole loss. In Florida, a sinkhole can occur almost anywhere.
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