Talk of The Villages Florida - View Single Post - Why are people in TV selling their homes?
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Old 11-26-2012, 07:11 AM
twinklesweep twinklesweep is offline
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Default Some thoughts

Quote:
Originally Posted by LynnDeb View Post
My hubby and I are coming up and staying Mon and Tues at the comfort Inn Suites to look and see homes??? Being on fixed incomes, how expensive is it to live in TV?

All info is welcome
When you opened this thread with “Why are people selling in TV?” it wasn’t clear till your later post that your concern is with the COST of living here.

Homes here can usually range from about $60,000 on the historic side (there was actually one recently in the $40s!) to $1 million plus in the premier villages. There HAS TO BE something that fits your budget! Keep in mind that the amenities, activities, clubs, rec centers, pools (except for country club pools), executive golf courses, and so forth are open to ALL residents, no matter where in TV they live.

I believe that the best of the possibilities is a resale. Many have bonds already paid off or much reduced (and the bonds in the new construction areas can be astronomical!), and most homes have some forms of improvement that would cost considerably more to put into a newly constructed home in areas which, while construction continues, is like living in a dust bowl. My property taxes are ONE-THIRD of what they were before I moved here, and I don’t have a mortgage. My property tax bill would be higher (possibly considerably higher) if I had a bond to pay off, as the annual bond payment comes with the property tax bill. These are also important points to consider.

All these factors must be taken into consideration before making ANY move. There is a home here in TV for nearly everyone in any economic position—and it is a great place to live where you can fill up your schedule as shown in the advertising, or you can live quietly in a beautiful setting.