Talk of The Villages Florida - View Single Post - Is now REALLY the time to buy
View Single Post
 
Old 11-20-2008, 02:09 PM
KayakerNC's Avatar
KayakerNC KayakerNC is offline
Platinum member
Join Date: Jul 2008
Posts: 1,879
Thanks: 0
Thanked 2 Times in 2 Posts
Default

Quote:
Originally Posted by Sidney Lanier View Post
It sounds like you met with a sales agent regarding NEW construction, whose prices have indeed dropped because of much diminished sales. **Snip**I agree about Boomer's 'sleep' factors, but it would seem to me that if you found a resale of the Bonita you're interested in that is an extraordinarily good buy AND your finances allow you to buy it, it's something you might want to consider. But only you can determine that....
Yes, the Bonita was a new home, on Juneberry Ave in (I think) Poinciana Village. The price at under $170K seemed good, and the cheapest used Bonita was $187.5K (not furnished, bond not paid), located in Liberty Park.
It may be that owners are not willing to sell their pre-owned homes for a loss, assuming that new home prices have dropped. But that is only my humble opinion.
I agree with Boomer's sleep factor, it something is going to disrupt my sleep, it is probably not worth doing.
The salesman also noted that renting a home would bring in something between $7K to $10K in net yearly income.
Lots to think about.
__________________
KayakerNC
Mt Clemens, MI
Newport, NC
Suffering from TV envy