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Williams

Kissimmee, FL

#1 Sep 19, 2012
I would not recommend anyone buying a new home in Solivita.

Why?

Here is my experience. The Realtor sent me a list of the "Hot Sales" in Solivita. When we came to visit we looked at whatever he showed us. We picked out one of the "Hot Sales" where Solivita said it was valued in the $160,000 range for under $140,000. It was a model.

We had our home for sale and paid 10 percent down contingent on our home selling. Well, our home sold and we raced driving straight thru to beat the moving van.

On the way here our bank gave us our closing cost on the phone and said the home appraised at $124,000 but we had a large downpayment so it was going thru OK.

Then when we went to closing we were told by now the home was valued at $114,000. The moving truck was going to be at our home that morning, after our closing. If we backed out we would lose our downpayment and have to pay for storage until we purchased a different home. And then moving cost again.

And, we did not know if Solivita would cause problems about a refund of our deposit or downpayment.

So here we are in Solivita with a home that is not worth what we paid for it.

Do you want that experience?
Solivita Resident

Kissimmee, FL

#2 Sep 20, 2012
It's a shame you failed to include the standard clause "property must appraise at or above selling price" in your offer to purchase. It is your responsibility to tell your agent what you want and don't want. It seems suspicious to me that your attorney failed to advise you of this simple, yet effective way of avoiding the problems you described. The Realtor is your agent. He or she is bound by law to carry out your instructions. Apparently your instructions did not address the very common problem of falling prices (unless you live in a cave you must know that prices in Florida have fallen during the past three years.) If you were a first time home-buyer or a young, naive person, I would have more sympathy, but you are old enough (you bought in an over-55 community) to know better, and to accept full responsibility for your own actions.

The good news is that you have a nice home in a great neighborhood, and prices are begining to rebound. You haven't lost a dime on your Solivita home (unless you need to sell it before prices recover.) Quit complaining. You screwed up. Stop blaming everyone else for problems you created. You bought at the bottom of the market. Get on with your life and enjoy everything this wonderful community has to offer.

Williams wrote:
I would not recommend anyone buying a new home in Solivita.
Why?
Here is my experience. The Realtor sent me a list of the "Hot Sales" in Solivita. When we came to visit we looked at whatever he showed us. We picked out one of the "Hot Sales" where Solivita said it was valued in the $160,000 range for under $140,000. It was a model.
We had our home for sale and paid 10 percent down contingent on our home selling. Well, our home sold and we raced driving straight thru to beat the moving van.
On the way here our bank gave us our closing cost on the phone and said the home appraised at $124,000 but we had a large downpayment so it was going thru OK.
Then when we went to closing we were told by now the home was valued at $114,000. The moving truck was going to be at our home that morning, after our closing. If we backed out we would lose our downpayment and have to pay for storage until we purchased a different home. And then moving cost again.
And, we did not know if Solivita would cause problems about a refund of our deposit or downpayment.
So here we are in Solivita with a home that is not worth what we paid for it.
Do you want that experience?
Floyd

De Leon Springs, FL

#3 Sep 20, 2012
I would run while you can or if you can, the value is just going to drop even more in that area. It will NEVER get better, not in that area anyway.
Solivita Resident

Kissimmee, FL

#4 Sep 23, 2012
Floyd has not done his homework as regards Solivita. He offers nothing to back up his opinions, so that is all they are: opinions. There is simply no data to support Floyd's statements. In fact, there is plenty of data to support the fact that Solivita has returned to a near-normal market. Check here for starters: http://goo.gl/IpRNU
Williams

Kissimmee, FL

#5 Oct 14, 2012
http://www.realtor.org/mempolweb.nsf/214c1520... $FILE/2012%20code%20of%20ethic s%20poster.pdf

National Association of REALTORS® Code of Ethics

Article 1.
When representing a buyer, seller, landlord, tenant, other client as an agent, REALTORS® pledge themselves to protect and promote the interest of their client. This obligation to the client is primary, but it does not relieve REALTORS® of their obligation to treat all parties HONESTLY. When serving a buyer, seller, landlord, tenant or other party in a non-agency capacity, REALTORS® remain obligated to treat all parties HONESTLY.

Article 2.
REALTORS® shall avoid exaggeration, misrepresentation, or concealment of pertinent facts relating to the property or the transaction. REALTORS® shall not, however be obligated to discover latent defects in the property, to a advise on matters outside the scope of their real estate license, or to disclose facts which are confidential under the scope of agency or non-agency relationships as defined by state law.

Article 6.
REALTORS® shall not accept any commission, rebate, or profit on expenditures made for their client, without the client's knowledge and consent.
When recommending real estate products or services (e.g., homeowner's insurance, warranty programs, mortgage financing, tittle insurance, etc., REALTORS® shall disclose to the client or customer to whom the recommendation is made any financial benefits or fees, other than real estate referral fees, the REALTORS® or REALTORS®'s firm may receive as a direct result of such recommendations.

Article 12
REALTORS® shall be honest and truthful in their real estate communications and shall present a true picture in their advertising, marketing, and other representations.
REALTORS® shall ensure that their status as real estate professionals is readily apparent in their advertising, marketing, and other representations, and that the recipients of all real estate communications are, or have been, notified that those communications are from a real estate professional.

BUY A RESALE FROM A BROKER THAT REPRESENTS ONLY YOU.
Williams

Kissimmee, FL

#6 Oct 14, 2012
National Association of Realtors® Code of Ethics link is:

http://www.realtor.org/mempolweb.nsf/214c1520... $FILE/2012%20code%20of%20ethic s%20poster.pdf
Williams

Kissimmee, FL

#7 Oct 14, 2012
http://www.realtor.org/mempolweb.nsf/214c1520... $FILE/2012%20code%20of%20ethic s%20poster.pdf
Williams

Kissimmee, FL

#9 Oct 14, 2012
Just tried this one.
REALTORS CODE OF ETHICS
Ignore the 3 others above.

http://ebookbrowse.com/2012-code-of-ethics-po...

“Exposed”

Since: Dec 08

Dark side of da moon

#10 Nov 3, 2012
Floyd wrote:
I would run while you can or if you can, the value is just going to drop even more in that area. It will NEVER get better, not in that area anyway.
. Agree ... Was out there today for the first time .... Nice environment but it sucks living way out in the boonies ..... And basically in poinciana .... Rebound is very unlikely in that area.... Recommend looking elsewhere
Williams

Kissimmee, FL

#11 Nov 24, 2012
Floyd, You don't even live in Solivita. It is a gated community and offers quite a bit to retirees. It is almost like being on a cruise ship, something to do all the time. It is up to you if you want to participate of not. Not only that is a beautiful community. We have wild turkeys appearing in the lot next to us, and even in our driveway. In the evening we see deer and we even had an alligator from one of our numerous ponds/lakes appear on the property of our next door neighbor. In Solivita, we see cranes all the time. They are usually near the ponds/lakes.

Besides the ponds/lakes quite a bit of the land in Solivita is set aside as Nature Preserves. It is beautiful here.

We have owned eight homes in Florida and never had a problem with the practices of Solivita of selling us a home that did not appraise at the purchased price, even though they showed us a hot list and our sales contract says it is valued at almost $170,000. And the other Solivita resident that made comments about me having it in our sales contract that the home must meet the appraised price. I agree, I should have done this. But, being as all the other homes in Florida (including 3 gated neighborhoods) did not seem to have this problem of selling homes at less than the sales price, I did not feel it was necessary. But, he is correct. He is a Realtor in Solivita so maybe he is familiar with their practice, I was not. I trusted them. The only other time we had a problem with a home we purchased was about a month after we had moved in, the builder attached liens to our home. I solved this one by going to his model, standing out front and showing everyone that walked in proof of what he was doing. The (supposed lien) was cleared up immediately.

And, yes I was once a Realtor also, and I would have never treated someone as Solivita treated me.

Did you know the bank is right here in Solivita. In fact the mortgage baker had an office right in the sales center. And the title Company is also owned by the people that own Solivita. How convenient. I had a Realtors license in a different state and would have never mislead a potential buyer. My advice to anyone who wants to buy in Solivita, buy a resale. They are priced realistic and many are loaded with upgrades. And choose a mortgage banker not associated with Solivita and get your independent broker/salesperson to choose a closing company that is also independent from Solivita.

The mortgage banker, Wells Fargo, has an office at the sale center.
In the October 2012 Reflections
http://www.solivitalive.com/sitefiles/2/WEB_O...
I found the following
New locations can mean new beginnings
Solivita Wells Fargo is moving October 9 to the administration building. We invite you to get reacquainted with the knowledgeable, friendly team of bankers who are decimated to helping you succeed financially.

The title company is owned by Solivita.
http://listofcompanies.co.in/avatar-holdings-...
Title Insurance Agency -- Prominent Title Insurance Agency, Inc., a subsidiary of Avatar Properties Inc., maintains operations in Poinciana, Florida. Services are offered to purchasers of homes from Avatar, as well as unrelated parties.

However, I would tell potential buyers in Solivita to take a look at resales. It is there they can get more for the money and be sure you sign up with a realtor that represents you.

This will be my last comment about Solivita.
Eli

Clarksville, TN

#12 Dec 7, 2012
I wish my parents would have read some reviews on Solivita before losing a huge chuck of their retirement money. They went to look at homes in Solivita and had no real estate representation, they were convinced the home they were looking at was a "Hot Deal" and if they didn't sign a contract right now, they would miss this amazing opportunity. The didn't let anyone in their immediate family know they were doing this, they just told us they were looking. Next thing I know they gave Solivita thousands of dollars for a house they could not afford. Solivita takes advantage of senior citizens. Don't give this swindling company your money!!!
Allen

Kissimmee, FL

#13 Jan 6, 2013
Check out this link of places near Solivita

http://www.walkscore.com/report/1168-harbor-r...
Borchini Realty

Melbourne, FL

#14 Jan 14, 2013
Buy a resale and do your homework. Solivita is a wonderful community with so much to do and so many lovely folks. We love it here. Go to www.borchinirealty.com to see everything Solivita.
Solivita resident_2012

United States

#15 Jan 15, 2013
Sounds like people aren't doing their homework and blaming others for their own mistakes. When we buy anything we should ask questions upon questions... Look at every option. Look at new homes and resales. Speak to a realtor/broker that would represent only you. We used usaa and the broker was amazing. We got a great deal and a year later same model with less upgrades is selling (and have sold) for more than we paid. Never a dull moment here and we will have a hospital and medical building across the street within the next 10 months. Things are moving in the right direction here. Love Solivita!
deb

Cocoa Beach, FL

#16 Feb 28, 2013
Williams wrote:
I would not recommend anyone buying a new home in Solivita.
Why?
Here is my experience. The Realtor sent me a list of the "Hot Sales" in Solivita. When we came to visit we looked at whatever he showed us. We picked out one of the "Hot Sales" where Solivita said it was valued in the $160,000 range for under $140,000. It was a model.
We had our home for sale and paid 10 percent down contingent on our home selling. Well, our home sold and we raced driving straight thru to beat the moving van.
On the way here our bank gave us our closing cost on the phone and said the home appraised at $124,000 but we had a large downpayment so it was going thru OK.
Then when we went to closing we were told by now the home was valued at $114,000. The moving truck was going to be at our home that morning, after our closing. If we backed out we would lose our downpayment and have to pay for storage until we purchased a different home. And then moving cost again.
And, we did not know if Solivita would cause problems about a refund of our deposit or downpayment.
So here we are in Solivita with a home that is not worth what we paid for it.
Do you want that experience?
Consider yourself half lucky because many of the Solivita residents paid upwards of $180,000 and more for houses in that price catagory.
Linda

Plymouth, MI

#17 Mar 12, 2013
Considering buying a used unit. How is the golfing? Is it easy to secure tee times during season.? Any info would be appreciated.
MR Depaul

Kissimmee, FL

#18 Mar 25, 2013
I've lived in Solivita for 9 years and loved every moment. I've found you can do what you what you want. The activities are there
for you and take advandance if you want, no one is forcing you.
David

Kissimmee, FL

#19 Apr 20, 2013
Do your homework and you will find no place better than Solivita for the money. Prices are depressed, but rising. Get your best deal before they vanish - no, I am not an agent.
Cannaibal Test Department

Saint Cloud, FL

#20 Apr 21, 2013
Linda wrote:
Considering buying a used unit. How is the golfing? Is it easy to secure tee times during season.? Any info would be appreciated.
Don't Waist your $$$, Head to the coast, eather coast would be better and nicer. To much scum around that area near Solivita, even St.Cloud blows that place away for better living, better golf course's too

“Exposed”

Since: Dec 08

Dark side of da moon

#21 Apr 21, 2013
Cannaibal Test Department wrote:
<quoted text>Don't Waist your $$$, Head to the coast, eather coast would be better and nicer. To much scum around that area near Solivita, even St.Cloud blows that place away for better living, better golf course's too
. Totally agree .... In the boonies and su rounded by bad guys

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