Quote:
Originally Posted by kbrkr
However, I am concerned. I'm seeing many many homes for sale. Prices are dropping and I see auction and foreclosures. I'm seeing the developer drop the prices of the new homes down above Eastport, and those new homes which are going up are going to dilute the market.
Is there something I should know about before we decide to make TV our permanent home?
Please no flames or do I wish to start any negativity with my post; I am genuinely doing my due diligence and research.
Thanks and Regards,
Al
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Yes, you might like it so much that you decide to become a FROG. .
living here until you croak.
It is a good situation to have houses for sale, otherwise, who could move here?
Its also a retirement community, so when you move here, you are now the same age and hanging out with old people, which is weird to think about if you are still slaving at a W2 job, because we are job less and have many choices of fun every day! But also in a homogeneous age related retirement community, the death rate and turnover due to death is much higher than heterogeneous age related communities, consider that a working community.
The only reality you have to worry about is if you can afford living here for 20 years or more, which exists with all choices about retirement living. The price of the house only impacts your retirement affordability, as the costs dependent upon the original cost of the house is based upon the purchase price of the house, primarily taxes, and somewhat insurance. Wanting houses to be expensive, before or after you buy, is just inflationary on your cost of living, as the cost to maintain and live increases as well, sometimes faster than inflation adjusted cost of living, which is prioritized towards product cost changes.
So in reality, just do a life style visit, if you like it, do 1 months rental to have time to see what you like/prefer, new versus used, and then after you sell your current house, rent for 3-4 months while you shop for exactly what you want, with your list of requirements, house style, interior design, exterior design, and price/cost.
good luck, but don't fall into the behavioral trap of imaginationitis, in which you only imagine the negatives, as that's how the brain is wired for survival, not for satisfaction and happiness.