Talk of The Villages Florida - View Single Post - Cold Feet
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Old 01-25-2012, 01:11 PM
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aljetmet aljetmet is offline
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Quote:
Originally Posted by buggyone View Post
Maybe I shouldn't say anything but I find it amazing so many Villagers have taken out mortgages to live here.

I would think that selling your previous home would have given enough cash to buy without a mortgage. Even with a depressed sellers market up North, with the prices we paid many years ago, there was no trouble making more than enough to pay off a primary mortgage on the house we sold and having more than enough to buy without a mortgage in The Villages.
This is abosolutely the best time since after WW II to take out a mortgage!

About 4%, real cheap. We haven't had a mortgage in a few years but want to take advantage of the low rates.

We Skype a lot to keep up with the grand kids. Also Florida is such a great place to visit. Good Luck!