FEBRUARY 23, 2024


Thank you so much for your interest in Valencia Ridge! These are the guidelines that will be used for your participation in the Valencia Ridge VIP Lot Selection Drawing being held on Friday, February 23, 2024, broadcasted from the Winding Ridge sales office via Zoom. If you are interested in general sales information about Valencia Ridge, the Winding Ridge sales office will open to the general public on Saturday, February 24, 2024 at 10:00 AM or you can contact the sales team at (813) 228-6300. However, if you want to take advantage of this exciting pre-construction opportunity and be one of the first to reserve a new home in Valencia Ridge, the virtual VIP Lot Selection Drawing will begin at 9:00 AM on Friday, February 23, 2024.

In order to make the lot selection and reservation process run as smoothly as possible, we want to let you know about some of the policies and procedures that will be in place for the lot release. Please read all of the following to make sure you are familiar with how the lot selection and reservation process will proceed on Friday morning.

  • Priority Order Determined by Random Lot Selection Drawing. The order for buyers to reserve a lot and home will be established by a random lot selection drawing that will be broadcast via Zoom and take place beginning at 9:00 AM on Friday, February 23, 2024. Participants will be permitted to join the Zoom meeting as early as 8:50 AM.
  • Pre-Registration for the VIP Lot Selection Drawing. To be eligible to participate in the Lot Selection Drawing, a pre-registration will take place from now until 5:00 PM on Wednesday, February 21, 2024. To participate, you must first pre-register and make an initial $5,000.00 refundable reservation deposit. During the pre-registration period, it will be necessary for you to come to the Winding Ridge sales office to deliver a reservation check in the amount of $5,000 made payable to “Valencia Ridge” and complete the reservation paperwork that will be used at the drawing, which will include: (a) a Reservation Deposit Form, (b) a Disclosure Summary for the Valencia Ridge Homeowners Association, Inc., and (c) a Receipt for Documents. If you cannot visit the sales center in person during the pre-registration period, please call us to make arrangements to have your reservation deposit check and paperwork delivered to us before the end of the pre-registration period.

Please be aware that the reservation deposit payment must be from an account in the actual name of the buyer reserving a lot (NO CREDIT CARDS OR THIRD-PARTY PAYMENTS WILL BE ACCEPTED – including payments from trust accounts, company accounts, in trust for, or other non-personal accounts). The reservation deposit will be fully refundable if you do not reserve a lot or do not subsequently enter into a contract for the purchase of a home for any reason.

Upon Seller’s receipt of all required reservation paperwork and the $5,000 reservation deposit, a Zoom link for the Lot Selection Drawing will be provided to all verified participants.

  • VIP Lot Selection Drawing and Process. At 8:50 AM on Friday, February 23rd, pre-registered buyers will be allowed into the Zoom Meeting to view the Lot Selection Drawing. At 9:00 AM, the Lot Selection Drawing will begin to establish the priority order for buyers to purchase a home in Valencia Ridge. At that time, a random drawing of names will take place from all potential buyers who pre-registered as described above. Once the priority order for buyers has been established, your sales agent will call you on the phone number provided on your Reservation Deposit Form. You will have up to five (5) minutes to ask any questions and select an available lot.
  • Unable to Virtually Attend. If for any reason you are unable to virtually attend the Lot Selection Drawing on Friday, February 23rd, you may provide a name and phone number of a representative to virtually attend in your place. However, we must have timely received in our office your $5,000 reservation deposit and your fully completed reservation paperwork during the pre-registration period (i.e., no later than Wednesday, February 21, 2024). Your representative must be prepared to make your lot and home selections on your behalf. If you are represented by a broker, your broker may act as your lot selection representative, however, a broker may only act as a lot selection representative for one buyer at the drawing.
  • One Drawing Spot Per Immediate Family. Lot drawing spots are not transferrable, so whatever number is given out to a buyer, the persons with that selection number are the only ones that will have the opportunity to go to reservation. Only one lot drawing spot per immediate family will be given out. If it is determined that any person or immediate family received more than one number for the drawing, their reservation will be cancelled.
  • Contract Execution. After you have reserved a home and lot, you will have three (3) days to enter into a Purchase Contract for the purchase of the home and lot. A deposit of ten percent (10%) of the total purchase price (base house price plus lot premium), less the $5,000 reservation deposit, will be required to be paid at the time of execution of the Purchase Contract. You will receive sample copies of the Purchase Contract and homeowners association documents following the lot selection drawing, so you will have an opportunity to review and become familiar with them prior to your execution of the Purchase Contract, including, without limitation, the provisions regarding the NO INVESTOR POLICY described below. Please be aware that additional monies will be required to be paid at the time of selection of options and upgrades in accordance with the Purchase Contract.
  • Brokers. If you are being represented by a broker, your broker must have accompanied you at your first visit and completed a Broker Registration Form or they will not be recognized as your broker. The broker will also be required to enter into a Broker Participation Agreement with us at the time of execution of your Purchase Contract. Brokers interested in purchasing a lot for themselves, may do so, but may only purchase one lot and must otherwise abide by all of the above procedures like any other buyer.
  • No Investor Policy. A No Investor Policy will be implemented at the opening of Valencia Ridge. Therefore, you may only purchase one lot in Valencia Ridge, and you must intend to purchase the home as your primary residence in Florida (but it does not necessarily need to be your primary residence). The Purchase Contract is not assignable or transferrable. The Reservation Deposit Form and Purchase Contract will require you to make certain representations regarding your purchase and will contain certain agreements to limit your ability to list or advertise the home for sale prior to closing. In addition, in the event you sell the home within one (1) year after closing, 100% of the gain realized from such sale shall be paid to the Seller from the proceeds of such sale, except for a sale resulting from a hardship event that is documented and approved in writing by Seller (i.e., divorce, job transfer out of the area, or other reason acceptable to Seller). Any breach will be considered a default under the Purchase Contract which will provide the Seller with the right to terminate the Purchase Contract and retain all deposits and other monies paid by you. These restrictions and obligations will be contained in a deed restriction recorded at closing. A summary of the No Investor Policy is included with the reservation documents.

If you have any questions not answered here, please feel free to contact the sales office at (813) 228-6300 to speak with a sales associate. We look forward to seeing you virtually at the VIP Lot Selection Drawing on Friday, February 23, 2024 at 9:00 AM!