1. Who is the general contract and architect?

General Contractor: Peregrine Construction Group

Architect: CGHJ Architects

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2. What is the deposit requirement to reserve a townhome?

Reservations are a non-refundable 10% down on the base purchase price due at contract signing, and a non-refundable 25% of total cost of buyer selected upgrades, due at time of selections.

 

3. Am I required to be pre-approved by a lender?

Yes. The following items are required with a mortgage lender of buyers’ choosing:

·  verified credit score

·  verified employment

·  verified debt to income ratios

·  verified liquidity to close

 

4. Do you have any builder incentives?

The developer offers a $2,500 closing cost credit for using their preferred title company for title and closing. The developer does not have a preferred lender nor offer any incentives to do so at this time. The preferred title company is:

Najmy Thompson, PL

575 2nd Ave S., Suite 209

St. Petersburg, FL 33701

Phone (727) 228-8172

Fax (941) 896-4812

 

5. What warranties are included?

All townhomes are covered by Florida law new residential construction warranty requirements. All material, equipment and subcontractor warranties will be passed from the developer to the new homeowner.

 

6. What do the HOA fees include?

The monthly fee is estimated to be $XXX monthly and includes:

·  insurance for the association

·  common area landscaping

·  exterior maintenance

·  reserves for roof and exterior paint replacement

·  water and sewer service

·  common area utilities

 

7. Are there any leasing restrictions?

All units may be leased out for short or long term rentals. Homeowner is required to follow all local laws and restrictions regarding short term rentals.

 

8. Are there any pet restrictions?

We love our fur friends, and to ensure that everyone gets along, there are a few restrictions in place to make sure no pets are dangerous or a nuisance. Please see the HOA documents for more information.

 

9. Where do guests park?

There will be a dedicated guest parking area on the property.