Talk of The Villages Florida - View Single Post - buying a resale through The Villages
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Old 12-17-2011, 10:05 AM
English Ivy English Ivy is offline
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Quote:
Originally Posted by buggyone View Post
And as you will find out, a resale usually is a much better deal than a new home. Much lower bond is first and foremost. The homes that are new and south of 466A have bonds beginning at $25,000. Many resales are paid off or very low. New homes require extra money for upgrades. Resales have the upgrades in place in many cases. Even a small thing like an outside keypad for garage door opening is optional. Mine came with one as a resale.

Always get a Villages Properties agent AND a MLS agent from just outside The Villages. Neither can show each other's properties and you want as large a choice as possible.
Buggy, I know you love to talk-up resales, and you obviously got a great deal on yours. But don't forget a resale does not automatically equal a much lower bond. If we were to sell our home next year our bond will still be over $19,000 that the buyer would have to assume. We're in district 7 and the house is 3 years old. Originally when we purchased new the bond was $20,550. I think you have to buy in districts 1 through 4, and maybe 5, to see really lower bonds.

I'm also not sure where you're getting the info that all new homes south of 466A have a bond $25,000 plus. If you look at all the amortization schedules for district 9 you'll see they range from approx $19 to $22,000 except for the premier neighborhood which is $40,400.

Resales can be a good deal but just because it's a resale does not automatically mean you're getting a great deal on the bond.