That fee cannot be incorporated into a mortgage. It must be paid in cash at the closing. The membership fee is mandatory, as the yearly club membership fee, of anywhere from $8,000 to $15,000 or more that you will have to pay to maintain your membership in the Broken Sound Country Club in Boca Raton.
If you are looking for a Boca home with a country club lifestyle, then Broken Sound Country Club is a wonderful place to live and play.
However, if you are searching for a home in Boca Raton within a gated community that is not a country club, you will find that asking prices will be far higher. There will also be HOA fees in these gated communities, but there are no membership fees.
Marc Jablon, The Jablon Team
RE/MAX Complete Solutions
There are a couple of other things associated with this property. There is also a $7500.00 capital fund contribution at closing. Also if you do like the home and can close by the end of February the golf is $55,000.00 and a social membership is $50,000.00. If you would like to see this home or others in the area please feel free to contact me anytime. Our office is at the entrance to that subdivision.
Thanks for your consideration.
REMAX COMPLETE SOLUTIONS