If you have been following along, you know that we picked the KB Plan 3016 at Lake Ridge in Minneola. We met with our real estate agent yesterday to strategize our next steps before informing KB Homes.
We learned that the Lake Ridge Development had some problems passing its inspection and needed some additional work done to it. That was going to delay the first home construction until December 15, however, because it was so close to the holidays, they decided to delay it until January. As a result, they are taking deposits but they are not writing any more contracts until they get the site passed inspection.
Because KB Homes has to do additional work to Lake Ridge, KB Homes has to take on additional expense. KB Homes doesn't do a CDD, instead, they recoup their costs in selling houses. As a result, the additional expense going into this additional work will cause a price increase. At this stage, they don't know how much the price increase will be.
So... that is disappointing. If KB Homes doesn't work out, our Plan B in the Lynn Haven by Ryan Homes at Grassy Lake in Minneola (it is actually on the other side of Grassy Lake compared to Lake Ridge). The lot we want at Grassy Lake becomes available in January. The house is smaller, the lot is smaller, but the location is better. I think we'll "win" regardless of which one we get.
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