Talk of The Villages Florida - View Single Post - Move from TV to OTOW?
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Old 09-12-2020, 06:38 AM
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Default We almost bought in OTOTW

Quote:
Originally Posted by kmspla1952 View Post
I LOVE the Villages. Honestly I do. The convenience of everything. The variety offered. A lot of friendly people. HOWEVER. I've noticed a change in the 5 years we have lived here. I see that the priority is focused on "south of Brownwood". I also see that our home values will decrease as each "multi family/apartments" is built. Hacienda Hills & Katie Belle's have been identified as apartments. 468 new apartments including section 8 are being built behind the Haciendas of Mission Hills. TooJay's and Demshar's have closed in Spanish Springs and are they next to become apartments?
I consider a move to On Top of the World in Ocala. Husband said he would never move anywhere that you didn't own the land (leasehold). I have recently found out that there are 3 communities in OTOW (Candler Hills, Indigo East & Weybourne Landing) that is fee simple and you DO own the land.
I would like your thoughts please on why or why not you would consider OTOW? Thank you.
My wife and I were ready to sign for OTOW, but last moment considerations stopped it and we bought in the Villages.
We went there three times. It is nice, it is smaller and very quiet. There is far less to do but there is more peace. You get a LOT more house for your money and they do a lot of the maintenance for you.
The HOA fees were 2-3 times more per month than here which was a big downfall. Less now and more payed out over time is not good.
The property ownership is not a big deal, you get a 99 year lease.
The big thing and the straw that broke the deal was the golf costs. In the end, if my wife and I want to join all three courses, it would cost us almost $10,000 per year.
Then think about how there are really only about five places to eat with golf cart access, it is a different lifestyle.