
02-21-2024, 10:13 AM
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Join Date: Jan 2024
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Quote:
Originally Posted by Normal
Welcome!
I couldn’t agree more. They shall reap what they sew in 30 years when their children (few and far between) will have to support the tax system, SS (if it’s around) and everything else. Their puppies won’t cut it.
If you are choosing the Villages, there are a few considerations to reduce financial losses.
Look for unincorporated areas. Avoid Wildwood, Fruitland Park, Leesburg and Lady Lake. Buying Villages property in those areas guarantees 10 to 15 percent add ons to your tax bill. Also Lake county charges more than Sumter for taxes for now.
Look for stucco mason structures, those reduce some insurance costs.
Look for paid bonds, that will reduce your fees aggregated with taxes and file for exemptions like homestead or military.
Also, buy that fixer upper if you can. Property taxes are based on what you pay for your home, not future values.
Good luck!
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Thank you for the great advice. Very helpful
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