Talk of The Villages Florida - View Single Post - Continuing previous thread of Lifestyle visit...
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Old 12-10-2009, 11:35 AM
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otherbruddaDarrell otherbruddaDarrell is offline
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Location: Indiana,the Villages,Port Charlotte fl ,Summerfield fl, The villages again
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True, prices are more reasonable in other areas of Florida.
My brother had 2 homes built in Port Charlotte apx 2-1/2 years ago as an investment.
They have lost over $250,000.00 since they were built and both were broke in to and had all the appliances taken.
He ended up selling his home up north and moving in to the one closest to the ocean and is renting the 2nd at a loss.
The home he is renting was for sale at 270k but now he would take 125k just to get out from under it.
Here in TV's the homes might cost more up front, but because of all the amentities and popularity of the place, the homes continue to sell and maintain a good selling price.
We also looked at Punta Gorda and Port Charlotte, but TV is the right place for us!
If my brother and his wife were to sell, I think they would also move here.....they love golf and it costs him everytime they go to the course where he lives now.