Talk of The Villages Florida - View Single Post - Distressed Property
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Old 04-26-2009, 05:24 PM
williep williep is offline
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Join Date: Sep 2008
Location: I live in Blackstone, MA and Duval, TV
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Default Distressed Property

Hi, all you Villages People. I recently discovered this web site after doing a Google search. I have been interested in finding out as much as I can about life in the Villages. It appears to be an ideal place for me and my wife to retire to. However, we are in the sandwich generation, ( my 87 yr old mother in law lives next door to me and my daughter lives on the other side of us, so moving there full time is impossible at the present.
I would be interested in purchasing a house that we could use when time permits with the intention of moving the permantely some day.
I've read that this is a once in a lifetime oppertunity to purchase property in Florida, because it has been hit so hard by the housing crisis.
Can onyone tell me how the Villages has been affected by the crisis. Are there many homes in forclosure, how have the home prices been affected, are there more houses for sale now because retirees have been hit hard by decline in the stock market. In other words, is this really a great opportunity to buy a house in the Villages. Any comments and advice will be greatly appreciated.
Thanks, Bill from Massachusetts