1. Are Rexmere Village / Paradise Village located in a good location?
Rexmere Village and Paradise Village are located in the S.W. Fort Lauderdale town of Davie near great shopping, restaurants, museums, movie theaters, many recreational activities (indoors and out!) and of course just 15-20 minutes drive from numerous world class "Gold Coast Beaches".
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Both communities are located within an A-Rated public school district, which supports resale values due to local demand for the area’s public schools. Rexmere & Paradise attract educationally-minded families due to the communities’ great schools, community libraries and other perks for school aged kids including an annual scholarship program for college bound kids! . A map of our two locations can be found here:
Rexmere Village location
Paradise Village location
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2. Is there an HOA?
No. There is no Home Owner’s Association. We are not a condominium. We are a community of single family homes in a land lease community.
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Land lease means that you purchase the house and rent the land. There are many advantages to home ownership in a land lease community. This option can be particularly appealing to individuals who would like a much lower purchase price for home ownership than traditional real estate in our area. Advantages include:
- Afford a high price location otherwise unattainable to many.
- You can invest the money that leasing land saves you versus buying land.
- More space than typical apartment living.
- Single family home is great for children and pets.
- Fantastic amenities not offered in many traditional neighborhoods.
- Low or no property taxes.
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3. What does it cost to live in Rexmere Village and/or Paradise Village?
We often get this question from out of state shoppers wondering about the cost of living in our area. Below is a rough estimates of living costs that you can expect to have on a monthly/ongoing basis:
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Community Site Fee: Virtually all of your major community-related expenses are going to be covered under the monthly site fee. The site fee includes all property taxes (Paradise), or virtually all property taxes (Rexmere) beautiful and high quality maintenance of all common areas, and unlimited use of the community’s extensive and resort-like recreational amenities. Amenities include: huge heated pool complex with lake views, Clubhouse for community functions and private rentals, Pool-side BBQ and umbrella covered picnic tables, Gym, Sauna, Tennis, Basketball, Classes (Yoga, Aerobics), Library, Putting Green, Bocci/Petanque Courts, Movie Nights, Lakeside Recreation (fishing/kayaking), Jogging paths, Boardwalk…and more!
The current site fees range from $943 - $1,037/mo* depending on the location of the home (waterfront is most expensive).
Homeowners are responsible for public utilities that service the inside their homes and for insurance desired to secure against financial loss:
a) Electric: Of course your electric bill will depend on your own personal usage and electric consumption. The largest determinant of an electric bill will pertain to use of air conditioning and types of light bulbs used. New model homes at Rexmere Village and Paradise Village are not only beautiful, but also energy efficient. In a new model home an average couple can expect to pay $100-$150/mo for electricity.*.
b) Water: The city of Davie shares water utilities with the adjacent city of Sunrise. The monthly base fee is $65/mo, and the rest goes by units used. Sprinkler/irrigation water is provided by the community which helps keep homeowner water bills reasonable – a couple can expect to pay around $80-100/month for water. Here is a link to the town of Davie FAQ page regarding water: http://www.davie-fl.gov/Gen/DavieFL_UtiltyDpt/waterFAQS?textPage=1*
c) Cable TV/Internet: The Cable and satellite market is very competitive and there are several options for low cost “bundles” of television/internet/telephone. A basic cable and internet package can generally be found for less than $150/mo.*
d) Lawn Care: Common areas are beautifully maintained by the community. Homeowners are responsible for keeping their own yards looking attractive and tidy. Homeowners typically do this themselves – gardening is a beloved pastime and a popular hobby in Florida! Each home comes with a private storage shed where lawn care equipment can be stored. Optionally, enterprising neighborhood teenagers offer lawn care, as do numerous area companies. Several homeowners run lawn care businesses. The cost is $25-35 per cut depending on the size of the area to be mowed and whether the lawn care provider is an individual (adult or teen) or a company.*
e) Waste/Garbage: Refuse is collected curbside twice a week. Refuse collection is paid for by the community and is included in the site fee.
f) Insurance: Insurance is required by both the communities, and by any lender providing a mortgage. Historically, homeowners insurance could generally be found for ~$2,500 per year. However, we have observed these prices going up recently.*
g) Transportation: Most families own automobiles in South Florida. However public shuttle, transit and rail systems interconnects the Broward/Fort Lauderdale area. There is no charge for the community shuttle service within Davie that picks up at both Rexmere Village and Paradise Village. For more information and route specifics, visit: http://daviefl.virtualtownhall.net/Res/cars
h) Pet Fee: There is a monthly fee of $19 per four-legged household pet residing in the community. (Note that the maximum number of pets allowed is two, therefore the maximum pet fee would be $38/month for one household.)
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4. Can I get financing? How do I qualify?
If you are a financially responsible individual with a good history of employment (2+ years), good credit and low debt relative to income (DTI), we can assist.
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We work with various loan originators and lenders eager to help home buyers that need financing. Please note that the community allows up to 75% financing. A minimum down payment of 25% is required. More may be required to compensate for higher levels of debt and/or to comply with all lending laws.
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5. Where can I see what homes you have for sale now?
Our website(s) contain most of our listings. We are adding homes regularly so check back often. Sometimes homes sell before they even manage to get to the website!
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REXMERE VILLAGE (https://www.rexmerevillage.com)
New Homes: https://www.rexmerevillage.com/models.html
Resale Homes: https://www.rexmerevillage.com/search.html
PARADISE VILLAGE( https://www.paradisevillagehomes.com)
New Homes: https://paradisevillagehomes.com/models.html
Resale Homes: https://paradisevillagehomes.com/listings.html
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6. What is a “Manufactured” Home?
We are frequently asked to explain the difference and benefits of a "manufactured" versus a "site built" home.
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A manufactured home is simply a home that was built in a controlled environment. There are many advantages to this type of building and more and more structures are being built this way.
Here is a terrific industry link with more information:
Click here for Information about Manufactured Housing!
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7. Can international buyers purchase at Rexmere Village or Paradise Village?
Yes! We have many, many home owners at Rexmere Village who are from outside of the U.S. We would be delighted to welcome you, and to be of service in answering any question you might have.
8. Can I purchase my home as an “investment” and rent it out?
The community does not permit open rentals to strangers. (There are no "investors" in the community.)
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The high quality of the community is due largely because our homes are occupied by homeowners who care deeply for their homes and the surrounding community. The community is consequently very stable and not transient. We perform a criminal background check on all homeowners and people who stay for extended times in the homes of owners. We have many snowbird and international homeowners that share their home with family and close friends, which can potentially help them defray some costs. Just keep in mind that anyone who will occupy the home must be cleared through the community (i.e. criminal background check).
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9. Are Pets Allowed?
Yes! Both Rexmere Village and Paradise Village are pet friendly communities.
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The communities welcome up to two four-legged pets per household with a fee of $19 per month per pet. In Rexmere Village, most back yards can be fenced -- excluding lakefront homes, where fencing is not permitted. (Invisible fences are an option for lakefront homes.) Paradise Village homes do not accommodate fencing. We do not have any size restriction on dogs, however we do have a restriction on aggressive dog breeds. Specifically, no pit bull terriers, rottweilers, dobermans or chows are allowed in either community. While we truly do understand that dogs are family members and that most individual dogs included in these breeds are lovely animals, for insurance reasons we simply cannot accept these breeds in the community.
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10. What is the process? How do I qualify?
If you are paying cash for your house, the process can be very fast and easy.
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You will need to sign a purchase contract along with submitting a community application to start the review and approval process. The non-refundable application fee is $259; the deposit required on a home purchase contract is $1,000 (refundable if not community approved) . The application requests information regarding sources of income and income verification and a criminal background check is conducted on all applicants. If you need financing, there will be a two step application process: first, you will apply for community approval, and next we will assign with financing review and approval.
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11. What are your hours? Do I need an appointment?
Our sales offices are open seven days a week for your convenience! We highly recommend always having an appointment so that you don’t have to wait a long time for me to finish with another home shopper.
