Talk of The Villages Florida - View Single Post - Buying and older house question
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Old 03-01-2025, 02:47 PM
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thelegges thelegges is offline
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Enjoy

I guess some are fine with throwing away cash. Avoid Newell and Dabney though, the Lake County and Leesburg tax man is hungry and upping the ante again.
In “07”the wrong place to buy was Virginia Trace, 2010 Pennacamp, 2012, Fernandina. Funny we bought in all those wrong places and not only enjoyed the area, sold each with a great profit along with the bond balance. Never listened to the horror throwing away money posts then, just like today. Warnings haven’t changed in 20 years.

We did however Throw our profit of monies into the next houses in TV. Not sure I would consider throw away money. Some post fear without first hand experience. Usually those who shelter in same home, can’t really warn anyone, because the lack of first hand knowledge is just gossip at the grocery. Or just newer residents with less experience.

Residents have known about Lake county for 20plus years, so no big surprises.
Many of us came from areas that our taxes were triple or quadrupled higher than Lake, Leesburg. So many TV residents bank the cash savings from the high taxes all over the US.

Over half of our neighborhood is those who have moved from northern areas of TV.