Talk of The Villages Florida - View Single Post - Affordability and house you chose
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Old 04-21-2013, 07:50 AM
rubicon rubicon is offline
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My rationale for buying anything is to separate "need" from "want" "present"from "future".

We made two visits here before we purchased a home. The houses double in price during that 1 1/2 year period. fortunately property values were at a all time high albeit the crash was on the horizon. We sold our McMansion for a very good price.

When we considered our home here we listed what we needed and what we could live with for the duration. We thought about issues such as care and maintenace of a home. As many are aware a McMansion is nice but there are rooms you never use but need to clean, heat/cool and maintain.
The day would come where cleaning would be a problem for us. so we chose a home where we would use all the space.

fortunately we chose a very friendly neighborhood where people are very caring but not nosy. This is another consideration because it is a constant complain by residents who move into a community not knowing anyone

Affordability is an issue also. Like many we could have purchased top of the line with all the bells and whistles but we are living on savings, unless you moved here and are still working. So your option to replenish may be limited to investments which these days are even more uncertain and more importantly the uncertainty of medical care and mortality (i.e you live longer than your projections when doing your retirement plan).....not that I would complain if I missed the age prediction

To fit our needs we purchased a designer on a golf course with no regrets