Talk of The Villages Florida - View Single Post - Why do TV residents move so often?
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Old 09-17-2020, 05:25 AM
Knighterrant Knighterrant is offline
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We purchased a new CYV thinking it would be an ideal house long term for us. After about a year, we realized it wasn’t the best fit (primarily due to size - inside and back yard).

We found that we entertain more here than we ever have elsewhere. And we participate in more activities, which equates to more stuff. We also enjoy having a larger screened outdoor area, weather permitting, and our CYV couldn’t accommodate that.

We sold and purchased a larger house in a different village. Renting prior to purchasing might have helped with our initial choice, but only if we had rented long term (6 months or more), in the specific house model we were contemplating utilizing our own furniture, and in the specific village we were contemplating. That would have been challenging to do, and we would have still moved twice.

My advice is to consider the lifestyle you want, do as much research as you can, and pull the trigger. If you decide to make a change in a year or two (or five), you will likely not loose money when you sell. This is especially true if you are purchasing with cash (closing costs for a mortgage can add up fast). We sold and closed our CYV in under 90 days during Covid for near asking price. The cost to move within TV is pretty reasonable.

It probably set us back a few thousand to make the transition between the two houses factoring sales proceeds less cost to move, closing costs and commission to sell. Not to mention the pain associated with moving. But those costs helped us make a better final decision for our “new” long term home.