Talk of The Villages Florida - View Single Post - Paying $700k for a resale court yard...
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Old 01-01-2015, 11:25 AM
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Barefoot Barefoot is offline
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Quote:
Originally Posted by kstew43 View Post
it would have to be all cash......i dont think even the tricky sales pros from the villages sales department could get a appraiser to agree to that price.... the mortgage banker would have to be crazy to put that mortgage thru to underwriting....
According to the online newspaper, the CYV is directly on Lake Sumter with an oversized lot, pool and waterfall.
Market value is what purchasers are willing to pay. There were multiple offers.
It's a cash deal. I doubt they are worried about a mortgage.
According to the online newspaper article, taxes are $5,083.
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