Talk of The Villages Florida - View Single Post - renting of houses
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Old 10-15-2014, 04:24 AM
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Quote:
Originally Posted by VT2TV View Post
I agree with you 100%, I have some concerns that as the current owners die off, a lot of the children or heirs will let the properties "slide" The kids might be young and be unable or unwilling to live here, so the number of rentals will dramatically increase, potentially turning this place into a "timeshare-like resort." Just my opinion
If a child inherited a home in TV from his/her parents, and the child did not want to live in TV or be a long distance, long term landlord, wouldn't most children (or other heirs) just sell the home? I have been to quite a few open houses during my visits to TV, and probably 30% of the homes I visited were being sold by children who inherited the home from their parents.
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Born and raised in Dubuque, Iowa. Chicago 1979 to 1986. Northwest Suburbs of Chicago - Schaumburg since 1988.