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The Community
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The Lake
Initial Homesite Release
Homes – Coming 2006
return to the top of this page Hampton Lake - Questions & Answers Q. How do I secure a spot in the November
30th release? Q: When will we receive prices and how will
the drawing work? Prior to the November 30th release, every purchaser will fax the completed selection form to their Hampton Lake sales executive. Purchasers are encouraged to prioritize their homesite selection preference for all the homesites that are being offered. The importance of the trade-up option cannot be overemphasized as initial property owners will receive inventory and pricing of all future releases before inventory is released to the public. In other words, current property owners will have the opportunity to select the future preferred homesites before the general public has an opportunity to do so. When one trades up, Hampton Lake will take the purchasers original homesite back on trade and credit the purchaser their original purchase price. For example, if someone purchases a lake homesite in the initial release for $360,000 and next spring in the next release there is a homesite that they would really like that is coming on the market at $400,000, Hampton Lake will take the original property back and credit the purchaser $360,000. The purchaser will pay the $40,000 difference plus closing costs and trade-up to the new homesite prior to the homesite ever being released to the public. The philosophy is that we take care of our owners and reward them for doing business with us. Q: When will the homesites close? Q: Is there a limit to the number of homesites that I can
purchase? In an effort to be equitable and fair to everyone in the release, only one check per family will be allowed to go into the initial drawing on November 30th. Should an individual or couple wish to purchase two homesites, there will be a second drawing for those individuals wanting to buy a second homesite. Q: Is the $5,000 deposit refundable? Should a prospect say “I’m not going to buy unless I get one of the following homesites” and they limit that to a small number, then when that person’s name is drawn from the box, his agent representative would say “Bill Smith (the prospect) passes as his selections have already been taken.” In other words, the prospect can put as many or as few choices on the selection page as they wish. However, that’s why we take such a low-key approach to the release and encourage folks not to go into the drawing unless they are willing to commit to taking one of the sites that they put down on their selection sheet, or they can give their Hampton Lake sales executive the authority to select a site for them. If they do not get a site designated on their selection sheet, their $5,000 check will be returned uncashed. Q: When will I be able to build on my homesite? Q: When will the Spa & Fitness Center, pool complex,
café/bar, Boathouse, Club Lakehouse, and all of the amenities be finished? Q: What are the POA fees? return to the top of this page The following questions have come up pertaining to the lake: Q: When will construction begin on the lake and how long will
it take? Q: What will the depth of the lake be? Q: How will you fill the lake? (1) Ground Water—Natural recharge of ground water into the cavity being cut as, and after, we dig the lake. (2) Surface water and run off from the natural drainage of the wetlands that flow into and out of that location. It is estimate that it will take about 4-6 months for the lake to fill. Q: How do we keep the water fresh? Q: How will you maintain the lake level
during dry periods? Q: What will the elevation of the lake be in relation to the
surrounding land? Q: How will you control the alligator population? Q: What size boats and what size engines
will be allowed on the lake? return to the top of this page Info furnished by HamptonLake.com |
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Bobby Sandell § Email Bobby § Hilton Head -A- Team
RE/MAX Island Realty § 99 Main Street § Hilton Head Island, SC 29926
800-343-6821 Ext: 3021 § Office: 843-785-5252 § Fax: 843-785-7188
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