We looked at TOTW way back in 2007 before we bought here and there were several reasons then we didn't consider it further. Here are some that I remember.
1. Not owning the land was a major consideration. It seemed like with a 99 yr lease it would depreciate 1% a year.
2. You couldn't take your Golf cart from one area to another because they were separate Villages without any connection to the others. This came up when we looked at one House and found we couldn't take our Golf cart to the lone rec center (which was very nice). Perhaps some of the villages/developments were connected in some way but not all so if getting to the Rec Center or someplace else by golf cart is important to you > ask this question. Actually this might have been one of the developments you did own the land but I really can't be sure. BTW in full disclosure I have trouble remembering the PB score and who served, but thankful for people that have their names on their hat large enought to read.
3. Put my fingers in the pool and found it was very cold, when we asked the agent they told me it was winter they didn't heat the pools. If you of course plan to put in your own pool this wouldn't be a consideration.
4.The town square had no activity going on and at that time they didn't have entertainment every night. Actually I think entertainment was very limited. This was a real negative for us.
5. I think you had to pay for golf and tennis with some membership but can't honestly remember if thats a fact.
On the plus side we thought the houses were nice and you got a little more house for your money then TheVillages. But without owning the land and other other negatives we didn't think they would hold their value as much as a house in The Villages.
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