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The J.S. Hovnanian & Sons is today's most aggressive house-to-sell
contingency plan, featuring:
- Free appraisal
- Free staging consultation
- "Appraisal difference match" guarantee on the sale of your current house
- Promotional value-added guarantee through closing
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"Will my current house sell before I move into my new home?" |
If you price your home right today, you'll sell it by: |
If you buy at Roesville today,
you'll close on or before: |
Jun 11 2010 |
Aug 28 2010 |
Based on publicly available resale market statistics
for this area. Proper staging and pricing can accelerate your sale. This is an estimate only.
J.S. Hovnanian & Sons makes no guarantee about
the sale of your property. |
Based on production schedule at Roesville. |
Your current house will likely sell 78 days before your new home will be complete. |
To
serve you better, here are some of the most frequently asked questions
we receive from homebuyers.
Click any question to open up the answer.
- Where is Roesville located?It is in Kent County, DE, off of Carpenters Bridge Road/Rt. 12 between Felton and Frederica. Roesville will have a Felton mailing address. You can use “900 Roesville Road, Felton, DE” for map directions. --close--
- What will be built at Roesville?There will be a total of 444 Active Adult single family homes as well as a full complement of year-round amenities including “The Lodge at Roesville” and various other active and passive community features (see below for more details). --close--
- What are the sizes of the homes?Our three bedroom country ranch homes range in size from 1,547 sq. ft. to 2,233 sq. ft. with most models having the ability to expand an additional 200-300 sq. ft. with an optional second floor. --close--
- What are the prices of the homes?Opening prices will start from the low $200’s. The price will depend on several factors including: homesite size, location and model chosen. --close--
- Is Roesville a “land-lease” community?Absolutely Not. At Roesville, you will proudly own your home and your homesite … no leases. --close--
- Do I have a choice of exterior finish?Yes, there is a choice of three stunning elevations: Classic, Homestead and Craftsman. Unique to Roesville is the opportunity to have your personal choice of elevation at no additional cost. --close--
- How many models are available?There will be five models available: the Palmer, Mayfair, Riverdale, Canterbury and Baybridge. Please see the brochure for details on each house style. --close--
- Can I choose the model I want on the homesite location?Yes, you may choose the model you want on the homesite you select. However, choices must be made in conjunction with the company’s “Streetscape Policy” (see below). --close--
- What is the Streetscape Policy?In the interest of promoting a varied and beautiful streetscape throughout our neighborhoods, our "Streetscape Policy" requires that no two homes with the same model type and elevation may be adjacent, and that no two adjacent homes may have the same exterior color scheme. --close--
- Are basements an option?Yes. The availability of basements are lot specific and may vary from section to section. Please consult Sales Professional for details. Though basements are optional, large staircase-accessible storage is included in an attic space above the garage in each of our models. --close--
- Is there an association?Yes, there is a homeowners association. There is a professionally managed association that will oversee routine operations such as: ground maintenance (landscaping, grass cutting of each homeowner’s lawns and snow removal on sidewalks and each homeowner’s driveways). The association will also maintain all common area grounds and amenities once they completed and become available to our homeowners. --close--
- Will there be a clubhouse?Yes, there will be a 10,000+ sq. ft. clubhouse that we have designed as a Lodge in the community. The Lodge will include an indoor and outdoor swimming pool, fitness center with private yoga/stretching center, travel library, billiards room, card lounge and Grand Ballroom. Available outdoors will be a putting green, bocce ball courts, horseshoe pits, patio, tennis court, half basketball court and 10-station fitness trail. --close--
- Who pays for the Association?All homeowners pay a monthly fee of $83 per month pre-Lodge and $106 per month once the Lodge has been built. You will receive a public offering statement book at time of deposit, which provides all of the details. --close--
- When will construction of the Lodge begin?The construction of the Lodge is currently planned to begin September of 2010 with anticipated completion of this state of the art facility to be 2011. Construction timeline is subject to change based on market conditions. --close--
- How do I purchase a home?See Sales Professional. --close--
- Can I reserve a homesite not shown on the available homesite list?The number and section of homesites opened are in accordance with those requirements of Kent County, and are in the best interest of the community at large. Therefore, only those homesites indicated on the available homesite list may be purchased. Reservations cannot be taken on future sections. --close--
- How much will my taxes be?The estimated taxes will range from about $800 to $1,200 annually. These figures are just an estimate based on our anticipated opening home prices. There are special discounts for residents over 65. Once you purchase your home at Roesville, please contact Kent County for more information. --close--
- How do I reserve a lot? A signed Deposit Agreement and your $1,000.00 check will reserve the homesite and home design of your choice and lock in today’s pricing for 7 days. --close--
- How long do I have before I must sign an actual Agreement of Sale to purchase? Within 7 days of your $1,000.00 deposit, a Agreement of Sale must be signed and the balance of your $10,000 deposit paid. At this time, all structural options must also be finalized. Those using our Preferred Lender may choose to defer payment of structural options until settlement. Cash buyers and those using other lenders may choose to pay for the structural options in full or make a 30% minimum down payment on same at the time of Agreement of Sale signing, with the balance due at settlement. --close--
- What if I want to make changes to the house? Based on four generations of experience building over 6,000 homes for people just like you, we have determined the most sought-after options and prepared an Options Manual that offers a wide variety of pre-planned options to personalize your home. However, should you wish us to consider an option or change to the house plans that is not included in our Options Manual, AFTER DEPOSIT BUT PRIOR TO SIGNING YOUR AGREEMENT OF SALE, your Sales Professional will ascertain whether or not we can entertain such a request and obtain a price for you. If you decide to purchase the custom change, you will be required to sign a Custom Work Authorization and pay the amount in full. Requests made after Agreement of Sale signing may be impossible to entertain (and if they are possible, they will entail a minimum additional $250 administrative fee per change), so please take the time before your scheduled Agreement of Sale signing appointment to consider whether you wish to request a custom change. --close--
- When do I make my interior selections? You will be contacted by our Design Gallery Coordinator within a day or two of signing your Agreement of Sale to set an appointment. All selections must be completed within 10 days of the Agreement of Sale signing. Those using our Preferred Lender may choose to defer payment of interior selections until settlement. Cash buyers and those using other lenders may choose to pay for the interior selections in full or make a 30% down payment on same at the time of the appointment, with the balance due at settlement. Any payments due for interior selections must be paid at the time of selection. --close--
- What if I change my mind about some of my selections afterwards? Since we begin inputting your selections into our automated purchasing system immediately upon receiving them, and because the various components of your home require different ordering and delivery times, this is not always possible. This is why we urge all homebuyers to consider their choices carefully, and even “window shop” in our Design Gallery, prior to their appointment with the Design Gallery Coordinator. However, if there is something you wish to add or change, the Design Gallery Coordinator will ascertain whether or not we can entertain such a request and, if so, will complete a Custom Price Request form and obtain a price for you. If you decide to purchase the custom change, you will be required to sign a Custom Work Authorization and pay the amount in full. Please note that the final price will include a minimum $250 administrative fee per change. --close--
- Why should I use your Preferred Lender? There are numerous reasons:
- Using our Preferred Lender enables you to finance 100% of your structural and Design Gallery options, rather than having to pay a 30% deposit on them (custom changes must be paid 100% in advance).
- Every home buyer wants to be sure he is getting the best interest rate and terms possible in the current marketplace, but how can you be sure of doing so without filling out numerous applications (and paying numerous application fees) all around town or, worse still, on the Internet? Our Preferred Lender will take just one application from you and present it to numerous lenders, both locally and outside the area, ensuring that every effort is made to get you the very best terms for your particular financial situation. And he’ll have a fully underwritten commitment to you usually in less time than it would have taken you to complete and submit just the applications on your own.
- Our Preferred Lender has access to numerous lending institutions and, thus, can make an incredible array of conventional and creative financing available to you, depending upon your unique situation and requirements. --close--
- What if I decide to change mortgage companies after receiving a commitment? There are several things to consider here:
- One of your obligations under the contract is to maintain your commitment once it is received. Should you breach this contractual obligation, the Agreement of Sale can be declared null and void and your deposit monies forfeited.
- If you had previously taken advantage of our “no-money-down-on-options” program, when you change to a lender other than our Preferred Lender, you will be required to make a 30% down payment on all options, both structural and design.
- Changing mortgage companies mid-stream can result in your not being ready for settlement. Failure of your mortgage company to cooperate with our Settlement Coordinator and/or have its mortgage package at our offices in time for settlement will result in your being charged a delay of settlement penalty, in accordance with the terms of the contract. Experience has shown us that our Preferred Lender has loan packages at the closing table in a timely fashion, and those “last minute surprises” (noted above) are virtually non-existent for those choosing our Preferred Lender.
Therefore, not only is changing mortgage companies not recommended, but choosing a lender other than our Preferred Lender may lead to a more difficult process and/or settlement. --close--
- Can I walk through the house as it’s being built? Our innovative Customer 1st Program allows our homebuyers four separate opportunities to tour the property: A homesite inspection prior to groundbreaking, a Pre-insulation Orientation, a Décor Measurement appointment, and a New Home Orientation prior to settlement. You must be escorted by our representatives during these visits. At pre-insulation, you will be assured that all “in-the-wall” included features and options have been installed. After painting has been completed, you will have an opportunity to measure your walls and windows for furniture placement, draperies, etc. Your New Home Orientation is the means by which you are oriented to your home just prior to closing and note any warrantable items that may need adjustment. --close--
- The settlement date is in the Agreement of Sale, but how do I know what time I’m supposed to show up for the closing? Our Settlement Coordinator will contact you to schedule the actual date and time of the closing, once she has received word from the Construction Department that your house may be scheduled. She will then advise your mortgage company, title agency, and attorney (if any) of the date and time of settlement and coordinate all the details with them. This occurs approximately three to four weeks prior to settlement. Please be reminded that the date in your Agreement of Sale is an anticipated settlement date only and that, due to the many variables in new home construction, your actual settlement date may be different than that in the Agreement of Sale. --close--
- Who do I call during the building process if I have additional questions?
Your Sales Professional stands ready to assist with any questions you may have. If he or she cannot answer your question directly, he or she will contact the appropriate party and get back to you promptly. --close--
- Will my house look just like the model home? In order to help you envision how you might wish to personalize your home, most of our model homes are enhanced with numerous upgrades, options, and even designer items and built-ins not offered by the builder. An Included Features List was included in your brochure, but also feel free to ask your Sales Professional and/or Design Gallery Coordinator when you are making selections about what is included in your home. --close--
- Can I have any of my own contractors do work on the house while it’s being built? Insurance regulations and building permit restrictions prohibit this. Neither are our employees and subcontractors permitted to contract with you individually for such work. If you are interested in having something included in your home as it’s being built, speak to your Sales Professional about this. If we don’t offer what you are looking for, perhaps we can price it on a custom basis. But please refer to the questions above as to timing and pricing so you are not disappointed. If you find yourself with other questions, please contact your Sales Professional. --close--
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