Talk of The Villages Florida - View Single Post - "No Bond" is promoted in home sales. But what's the real savings?
Thread: "No Bond" is promoted in home sales. But what's the real savings?
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Old 11-28-2023, 10:00 AM
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Quote:
Originally Posted by ron32162 View Post
NOT A REALTOR is the first thing Village sales people are Sales agents with a real estate license and their principal is the builder not the buyer. You can only buy new homes from the builder here in The Villages.
The control issue is tight. Keep in mind they own the closing bank in most cases (Citizens First). The previously owned homes will eventually remove the grip from the market they have. If used homes are cheaper than new homes per square footage the developer has less choices in sales pricing. Once real estate modernizes here with flat rate sales, prices will depreciate further. The Villages won’t have the skimming business through their real estate staff with large bonus percentages per sale.

That said, home prices are moving downward. Interest rates, financial pressures, and primary investment group withdrawals are causing liquidation in the current market here. Then there is the real beast in any retirement community that eventually will come, disinterested heirs who just want liquidations.
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Last edited by Normal; 11-28-2023 at 10:32 AM.