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Resale Disclosure Packets

If you are selling your home, you are required by law to get a Resale Disclosure Package from the Association.  To order, go to HomeWiseDocs.com and create an account.  Then follow the instructions to place your order.  If your agent is handling the DP request for you, please advise them to do the same.

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If you live in one of the single-family homes:

The cost of the disclosure packet is $260 for a 14-day turnaround.  If you need the packet sooner, there is a Rush Fee of $50 to have the packet completed in 5 business days. (Purchasers have up to three days, or up to seven days if extended by the ratified real estate contract, to cancel their contract based upon the Resale Disclosure Packet.  Please be sure to read VA Code § 55.1-2312.) Escrow/closing agents also need to log on to HomeWiseDocs to request the Escrow Instructions prior to closing. Allow 3 business days for the Escrow Instructions/Dues Payoff order to be fulfilled.  A rush of 24 hours may be placed on the order for $50.

 

There is a $50 Transfer Fee collected at closing from the purchaser.

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If you live in the Cluster Homes (the townhomes on Heather Way):

Your order will automatically include the disclosure packets for both associations -- one for the master association (MFHA) and one for the sub-association (MFCHA).  The disclosure package for the master association is priced the same as described above.  The package for the Cluster Homes Association is only $100. All other information in the section above applies. When your escrow agent places their order, the Escrow Instructions/Dues Payoff documents for both associations will automatically be provided.  Transfer Fees are also collected at closing from the purchaser ($50 for MFHA as well as $50 for MFCHA).

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As of July 1, 2023, the Code of Virginia was amended and payment for a Resale Disclosure Packet is now required when it is ordered*.  The payment must be made on the HomeWiseDocs site via credit card or eCheck.  There is no fee to make your payment by eCheck.  There is a $9.95 credit card fee collected by HomeWiseDocs.  To help offset this fee, Victory Community Management keeps the fee for Disclosure Packets well below the maximum set by Virginia's Department of Professional and Occupational Regulation. If you have any questions please contact our Association Manager, Sarah Knaub, at (757) 593-0166 or VictoryComMgt@gmail.com.

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*The requirements for Disclosure Packets were removed from the VA Property Owners Association Act and the Condominium Act and were rewritten to form Chapter 23.1. Resale Disclosure Act.  The full text of the Resale Disclosure Act can be found in §§ 55.1-2307 through 55.1-2317.

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CONTACT US!

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Meadowlake Farms Homes Association

c/o Victory Community Management, Inc.

5007C Victory Blvd., #240

Yorktown, VA  23693

For information, contact Victory Community Management

(757) 593-0166  |  VictoryComMgt@gmail.com

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