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Thread: Wanting to buy in The Villages
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Old 11-18-2012, 11:06 AM
Bavarian Bavarian is offline
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Originally Posted by LynnDeb View Post
Hello everyone,

My hubby and I live now in Kissimmee, FL will probably take a 25,000 loss on house here to buy in Villages??? Any thoughts??
We also are considering buying a courtyard Villa in resale area w low to no bond...We dont own mortgage on Kissimmee home. We know we will have to carry a mortgage in Villages. We are 59 and 61, any thoughts on our situation?
We are both retired with NO LIFE here in Kissimmee area.

Thanks,

Lynn
Since your house has no mortgage, consider keeping it until prices go up. Your costs on the house when empty should be low. Mortgage rates on a new house are historically low.

You may consider renting out your current house. Gives nice tax deduction.