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FAQ
1.
What do the Villa Condos cost?
$147,000.00,
for a basic unit.
2. Can I lease my villa to
someone else before we are ready to move?
Absolutely,
that's the beauty of buying your home
early. It can be used as a weekend,
vacation home and/or leased to others before
you are ready to move permanently to
Southridge Village. Contact our sales
representative for more information at
1-800-944-2607 or
e-mail us.
3. Can I lease with option
to buy?
Each/lease/option is considered on an
individual basis. You must live in the
lease unit. The purchase date must be
within 12 months of the lease/purchase
agreement.
4. Will part of my lease go
toward the purchase price?
No, because the
lease amount is the mortgage payment. Plus
monthly maintenance fee and a $300.00
utility allowance. But the lease/purchase
option does lock in the purchase price at
the time you sign the lease.
5. Is there a buy in fee?
No, we are a
continuing care retirement community, not a
life care retirement community. You, as a
home owner will have priority in admission
to the retirement center and/or skilled
nursing/rehabilition center, but you do not
have to pay a fee to ensure use of these
facilities; another reason to choose
Southridge Village Retirement Community.
6. What appliances are
included?
Refrigerator,
range, microwave, dishwasher, garbage
disposal. All appliances are available for
upgrades if desired. You can also bring
your own. An allowance of each appliance is
taken into consideration in the purchase
price of your home.
7. Is there a POA?
Yes, a copy of
such is available upon request.
8. Is there some place to
park my motor home and/or boat?
There will be a
parking place for these items for a monthly
fee.
9. Can I choose the interior
of my home?
The advantage
of purchasing your home prior to
construction is the fact you can choose the
interiors of your home.
10. Is there some place I
can plant flowers or do gardening?
Certainly, each
home has a planting area for your own use as
desired. Each home is landscaped and will
be maintained as needed to maintain an
attractive setting. There will also be a
community vegetable garden where each home
owner can plant, work and / or harvest the
homegrown vegetables.
11. Can we fish in the pond?
The large pond
is stocked with fish and homeowners are
allowed to fish for recreation. We are also
located within minutes of the Little Red
River and Greers Ferry Lake, both hold world
record fish.
12. Can my grandchildren
come to visit?
Absolutely,
it's your home. There is no age
restriction. Our philosophy embraces all
age groups.
13. Can I have pets?
Due to the
closeness of the community, pets are
certainly welcome, but no dog pens or
kennels are allowed. Small dogs and house
pets which can be maintained inside are
fine. We are in the city limits of Heber
Springs, which has a leash law ordinance.
14. Is there a community
center at Southridge Village?
We have a
community center in the Villa Condominium
area.
15.
What is in the community center?
We have an
exercise room, community room for resident's
use, a card room, T.V. room and a kitchen.
16. Do you have a hospital?
We have a 50
bed hospital owned by Baptist Medical Center
in Little Rock. For more information please
visit their website
www.baptist-health.com
17. How far is it to Little
Rock?
It's 74 miles
to Little Rock and the world class medical
facilities there, i.e. UAMS (voted the 5th
best hospital in the US), Arkansas
Children's Hospital, Baptist Medical
Center-Little Rock, Baptist Medical
Center-North Little Rock, St Vincent's
Medical Center and Arkansas Heart Hospital.
You can reach the airport within one hour
since the new 440 Interstate has been
completed. Highway 5 and Highway 25
expansion are under construction, which will
also decrease the driving time to Little
Rock.
18. Is there a warranty on
my home and appliances?
There is a one
year warranty on your home inside and
outside. Contractors limited warranty is
available upon request.
19. Can I deed my home to my
children?
That is
entirely up to you. There is nothing in the
Bill of Assurance or Master Deed of the
Property Owner's Association which prevents
you from deeding it to your children.
20.
Is there an age
restriction?
No, our
philosophy supports an intergenerational
living concept. We welcome all ages.
21. What happens if my
spouse or I get sick and have to go into the
RCF or SNF?
We are a
continuing care retirement community and not
a life care community. Which means you do
not have to pay a huge entrance fee. The
residential care facility and nursing home
will have the Village residents as priority
admits. They will be given admission
preference if needed.
22. Can I put my home on the
open market?
You own your
home so you can sell it yourself or list it
with a realtor of your choice.
23. Will you buy it back?
Yes, there are
provisions in the Master Deed for a buy
back.
24. Is there a college
nearby?
Arkansas State
University, Heber Springs will be located
adjacent to Southridge Village when their
new campus is built within the next 2-5
years. There current location is within 5
miles of the Village. Visit their website at
http://hebersprings.asub.edu/hebersprings/
25. Are the homes wheelchair
accessible?
The Villa
Condos are all designed so that you can
"age-in-place", meaning as your needs change
your home can easily be changed to
accommodate those needs. There are no steps
anywhere in your home, there is a handicap
accessible shower, the master bath is large
enough for a wheelchair to turn around, the
closets have a lower hanging rack for
wheelchair accessibility.
26. Is there a community
theater in town?
The GEM Theater
has been restored recently and they bring in
various cultural events frequently, as well
as locally produced plays. They are also
looking for persons interested in the arts
to participate. |