Quote:
Originally Posted by Dr Winston O Boogie jr
I live in the historic side and I can tell you that there is a lot of construction going on and a lot of empty lots.
There are a few different things that go on with new construction. One is that a home goes up for sale and The Villages makes an offer on it. Their offers are usually low but often there are motivated sellers who just want out.
They do two things with these home, they remove them and either build a new home or sell the lot to a buyer.
Another thing that happens is that homeowners are having their home taken out and building a new home with an outside builder. There is also another developer here that is buying old homes and building new ones.
Another thing that happens is a homeowner wants a new home and TV comes in and removes the old home and builds a new one so those homes are never advertised.
There's a funny situation over here where some of the homes are under the jurisdiction of the town of Lady Lake and some are simply in Lake County. The lots that are not in Lady Lake are moved into that jurisdiction which takes a few months. The home cannot be put up for sale until that process is complete so there are several new homes over here that are not on the market yet because of paperwork.
There is, for some reason, often a delay in getting an occupancy permit on several of these new homes.
There are five new homes on my street, two vacant lots, one house under construction by TV and another being removed by the owner.
So it's not like their not building homes. Any time a manufactured home goes up for sale, The Villages makes and offer. The offer is not always accepted but those that are will eventually have a new site build home on that lot.
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Outside builders are working on homes in that part of TV? For some reason I didn't think that was allowed. Can you simply buy a lot from the Villages and have someone else build a home for you?