Quote:
Originally Posted by Escape Artist
I’m still shocked that anyone of any age can buy a home in TV. So of course you’re going to get investors, flippers, those looking to rent the home and never occupy it, etc. Did TV change their convenants or has it always been this way? In the past, with other age restricted communities like Sun City, financing was not allowed using VA loans because of this restriction. You had to be at least 55 to purchase a home.
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Your understanding is incorrect. You have never needed to be at least 55 to purchase a home in the Villages. Anyone who is legally allowed to sign an agreement (typically 18 or older, but could be an emancipated 16-year-old) is allowed to purchase a home in The Villages. They can't LIVE there full time until they're 19. And even then, 80% of those homes have to have at least one person living in it who's 55 or older. So a 60-year-old couple with a 19-year-old grandson and a 21-year-old granddaughter can absolutely live in the Villages together. There is, and has never been, any rule against it.