Recently Bought a Home in TV

[Sherman931]

Hi soon to Be Neighbors,

Just bought a home in Pennecamp (Camelia Model) on Dellwood Way. We close on 10/29...can't wait. Did the visit a couple of weeks ago and last thing I though before we went up was that I would return having purchased a home. Now all we need to do is sell our condo. I am getting lots of good info off this site and can't wait to close :2excited:

[bkcunningham1]

Congratulations Sherman931. Welcome to The Villages (TV) and Talk of the Villages (TOTV). Everyone on this forum is a wealth of information. Best wishes in selling and the new purchase.

[champion6]

Congratulations... the best is yet to come.
:pepper2:

[graciegirl]

You have made a wise choice. We did exactly what you did. We have never in our lives done something like that. We bought a Camellia too.

It is over two years now and we are so happy with our choice. I hope you enjoy every second in your new home and new town. Hope to meet you soon.

[2BNTV]

Sherman931:

Congratulations on your new home.

I see this is your first post. Welcome. The members on TOTV are so knowledgable and helpful. There is a wealth of information on this site and it is very additive. Anything you need to know, just ask and someone will be able to give you guidance.

I am happy for you. Wishing you all the best.

[Skip2MySue]

Hi soon to Be Neighbors,

Just bought a home in Pennecamp (Camelia Model) on Dellwood Way. We close on 10/29...can't wait. Did the visit a couple of weeks ago and last thing I though before we went up was that I would return having purchased a home. Now all we need to do is sell our condo. I am getting lots of good info off this site and can't wait to close :2excited:

Welcome to our new soon to be neighbors.:wave: We did the same thing you guys did and came down for a visit in April and signed in one day. We also bought a new Camelia on Ashwood Run and it was built in 7 weeks and we closed on it in July. We're part timer's now and try to visit monthly. There's also a web site info@pennecamp.org that just got started with info directly related to our community and neighbors. You'll enjoy checking it out
the site.
Skip 2 & Sue

[Pturner]

Sherman931,
:thumbup: Welcome. I'm so very happy for you. In addition to the beauty and all the fabulous amenities, it does seem as if they nicest people on the planet live in TV. It's a fabulous place to call home.

Best of luck in selling your condo. And please don't be a stranger on TOTV! We want to hear a lot more from you.

All best wishes!
P

[pooh]

LOL....your experience is shared by many here. They were amazed at how quickly they made their decision to buy. You won't be sorry!

Welcome and congratulations on your new house!

[ApplePir2]

We also just bought one of the model homes in Pennecamp on Delwood Way - the Dream Catcher. We just sold our condo in West Palm and can't wait to move into The Villages. Looks like we will be neighbors. We will be closing on October 1st. Looking forward to meeting you. Are you Yankee fans?

Tony and Cathy
Long Beach, NY

[Pturner]

We also just bought one of the model homes in Pennecamp on Delwood Way - the Dream Catcher. We just sold our condo in West Palm and can't wait to move into The Villages. Looks like we will be neighbors. We will be closing on October 1st. Looking forward to meeting you. Are you Yankee fans?

Tony and Cathy
Long Beach, NY


:pepper2::MOJE_whot::welcome:

I am excited for you! All best wishes!

[obxgal]

Congratulations. I'm so happy for you and the best is yet to come.:welcome:

[Sherman931]

We also just bought one of the model homes in Pennecamp on Delwood Way - the Dream Catcher. We just sold our condo in West Palm and can't wait to move into The Villages. Looks like we will be neighbors. We will be closing on October 1st. Looking forward to meeting you. Are you Yankee fans?

Tony and Cathy
Long Beach, NY

The wife is the big sports fan: Football Giants, Cubs:shocked: FL Gators, Golf, she can talk sports with anyone.....I'm the cook:D

[VT2TV]

Hello everyone,
My husband and I are also going to be living in Pennecamp. Right now we have a piece of dirt/sand, and hope to build after our home sells, and hopefully that will be soon-if that "right" person who is somewhere out there will please buy our house. We are going to be in a Begonia I think on Eldridge Loop. Or someother model if it is a while before we get there. We are from Roanoke, VA, and apparently will be living diagonally across from a couple also from Roanoke. We do not know them, but they just moved in. Hope to be there soon. Vicki

[ApplePir2]

Hello everyone,
My husband and I are also going to be living in Pennecamp. Right now we have a piece of dirt/sand, and hope to build after our home sells, and hopefully that will be soon-if that "right" person who is somewhere out there will please buy our house. We are going to be in a Begonia I think on Eldridge Loop. Or someother model if it is a while before we get there. We are from Roanoke, VA, and apparently will be living diagonally across from a couple also from Roanoke. We do not know them, but they just moved in. Hope to be there soon. Vicki
We are from Atlantic Beach, New York and are keeping our house up north but plan to come down to TV to escape the snow and colder weather. We are closing on October 1st and plan to spend a week there moving in and getting it all set up. We are planning to come back mid October until just before Thanksgiving. Our street is just on the other side of Pennecamp Dr. from you. Good luck with selling your home. Cathy

[ApplePir2]

The wife is the big sports fan: Football Giants, Cubs:shocked: FL Gators, Golf, she can talk sports with anyone.....I'm the cook:D
My husband is the big sports fan but he has been teaching me. He is also a big Giants fan but will pretty much watch any sport on TV - baseball(of course), basketball, soccer, tennis, golf. I'm the cook!

[bricknj]

Hi Skip2MySue: We are also from Brick and will be renting in TV for the month of October expecting to buy a home while we are there. We have visited before and have a cousin living in the village of St. Charles. Jerry/Rosemary

[rblammon]

We are also going to be in TV for the month of October for the first time. Will be looking for a house also to escape the cold Ohio winters. Good luck on your serch.

[graciegirl]

We are also going to be in TV for the month of October for the first time. Will be looking for a house also to escape the cold Ohio winters. Good luck on your serch.

WELCOME RBlammon!:wave: There are a lot of nice Buckeyes here in The Villages.

Please PM us and stop by our house when you are there.

Go Bucks!

[bricknj]

Hi Sherman931. Have family in Worland WY which we visit often, also have been to Home Depot in Gillette a number of times when we did some work by Devil's Tower and a few other towns. Beautiful country the west.

[Skip2MySue]

Hi Skip2MySue: We are also from Brick and will be renting in TV for the month of October expecting to buy a home while we are there. We have visited before and have a cousin living in the village of St. Charles. Jerry/Rosemary

Howdy to you guys. Looks like Brick, NJ will be losing both of us to The Villages. In fact our next visit is for 10 days in October. We have friends that are 5+ year residents that came from the Shore and they rave about the lifestyle. We're part-timer's for now as we're still working but hope to have that situation changed in a year or two. We bought in Pennecamp and closed in July. Been there three times for visits and love everything about the experience.:coolsmiley:
Skip 2

[bricknj]

Yes we too fell in love with it. The only thing I'm not crazy about is the BOND and CDD, I think we'll look for something pre-owned where the bond is small or paid. We will probably be part timers being we want the market to come back some so we can sell our home here at a profit and not just give it away. Maybe we'll cross paths in October down there, we'll be the two with our heads out the windows trying to look at every available home. Jerry

[getdul981]

Jerry - I could be wrong, (but I don't think so) but I think I read somewhere that the pre-owned homes are not much cheaper than the new. The reason is, although some or all of the bond has been paid, the owner just adds that into the selling price of the home, unlike the developer.

[zcaveman]

Jerry - I could be wrong, (but I don't think so) but I think I read somewhere that the pre-owned homes are not much cheaper than the new. The reason is, although some or all of the bond has been paid, the owner just adds that into the selling price of the home, unlike the developer.

BUT the preowned homes have already gone through the expense of upgrading anything and everything and have the yard landscaped, etc. If you look at the price of a specific model of a new home vs THAT SAME MODEL of a preowned home and then add in what it would cost for the upgrades and landscaping, you are adding a significant amount. And depending on where you buy the preowned home, you are probably saving on the bond.

Each option has its plus and minuses. There is a lot to consider.

Personally I think a resale on the north side or in a five mile radius of LSL on the south side is a good deal. But that is just me.

[bricknj]

Thank you all for your comments, guess when we get down there in a few weeks we will be one busy couple. And that's why we took a month to really check out every possible option. Thanks again. Jerry

[Pturner]

I agree with Z. The only way to truly compare is to add the total cost of a new, including the bond and what you plan to spend for initial upgrades and landscaping, with the total cost of a comparable resale that already includes the extras.

[tudacee]

Bob and Fran...
We bought a CYV on Needlewood Lane in Pennecamp back in July. We did the same, came down for a visit in April and bought in July...surprised we waited that long.

We'll be back down in a week or two for a month...
and btw, my husband, Mickey, is a BIG Yankee fan...lol

Good luck with your purchase...enjoy!

Donna and Mickey

[Sherman931]

Hi Sherman931. Have family in Worland WY which we visit often, also have been to Home Depot in Gillette a number of times when we did some work by Devil's Tower and a few other towns. Beautiful country the west.

Ahhhhh, Wyoming, where men are men and sheep are nervous. Also everytime the wind stopped blowing in Gillette half the population would fall over. I was the director of EMS for Campbell County, stayed for a while but the west, especially Wyoming, was a bit isolated for me and my family. Good luck with your search for a home.

[Sherman931]

Bob and Fran...
We bought a CYV on Needlewood Lane in Pennecamp back in July. We did the same, came down for a visit in April and bought in July...surprised we waited that long.

We'll be back down in a week or two for a month...
and btw, my husband, Mickey, is a BIG Yankee fan...lol

Good luck with your purchase...enjoy!

Donna and Mickey

Thanks for your good wishes, got our first pictures yesterday of our home under construction.....WOW :shocked: do they build them fast.

[graciegirl]

Yes we too fell in love with it. The only thing I'm not crazy about is the BOND and CDD, I think we'll look for something pre-owned where the bond is small or paid. We will probably be part timers being we want the market to come back some so we can sell our home here at a profit and not just give it away. Maybe we'll cross paths in October down there, we'll be the two with our heads out the windows trying to look at every available home. Jerry

Bricknj,

Don't be nervous about the bond. It is just an added expense to the home. For instance. A Camellia is selling for about 230k, just add 20k for the bond so the real price is 250K...new or old. Add more for a big view. The bond is lower on a cottage or Villa, higher on Premiers. Up north it is added in...it isn't here.

And...PTurner and all the rest are right. The older homes are about the same, they have added in the cost of what they have paid on the bond and the improvements...which may or may not be the improvements you like...Maybe you don't like orange walls.

I really feel that you will find the right one and you will be happy. I wish there were some homes on my street for sale because of course my village is the best.

Kindest wishes,
Gracie

[jmitchell]

Thanks for your good wishes, got our first pictures yesterday of our home under construction.....WOW :shocked: do they build them fast.

Sherman931,

My husband, Mike, and I are also in the "building" process in Pennecamp and you are right -- they build FAST :crap2: It is amazing. In the pictures we get everything always looks so orderly and clean. I have never seen it like this at a building site.

Our neighbor timed the roofing guy putting on the shingles (for fun)-- he said he only took 10 seconds per single -- VERY EFFICIENT! We close on Oct 12 and will be down full time (after Navy football season ends) Nov 24. We hope to meet you both! Are you listed on the Pennecamp.org site?

Good Luck and Enjoy. Isn't it SO exciting ! :pepper2::a040:

[ApplePir2]

Bob and Fran...
We bought a CYV on Needlewood Lane in Pennecamp back in July. We did the same, came down for a visit in April and bought in July...surprised we waited that long.

We'll be back down in a week or two for a month...
and btw, my husband, Mickey, is a BIG Yankee fan...lol

Good luck with your purchase...enjoy!

Donna and Mickey
Welcome, Donna and Mickey,

We had seen the villages about 4 years ago and just bought in August of this year! We had originally bought on Singer Island on the east coast but wanted to live in more of a neighborhood with golf and bike paths. We bought one of the cottages on Delwood Way. We are heading back to TV to close on October 1st and can't wait!! My husband, Tony, is a BIG Yankee fan also and actually wants to put the Yankee emblem on our signpost. I guess we will be easy to find.

We will be back and forth to NY for Thanksgiving and Christmas, but other than that, we are looking forward to enjoying TV and meeting all our neighbors.

Thanks to those on this website for all your well wishes and we look forward to meeting you soon.

Cathy and Tony

[Mickedamouse24]

:pepper2: Wife and I just bought a home in Mallory and will be moving down from SC in mid October as permanent residents. Been looking forward to this for a long, long time..... See You All Soon!

[mak44070]

:coolsmiley:
Welcome! Enjoy your journey - the best is yet to come.:wave:

[graciegirl]

:pepper2: Wife and I just bought a home in Mallory and will be moving down from SC in mid October as permanent residents. Been looking forward to this for a long, long time..... See You All Soon!

YOUR NAME makes me a new friend of yours. Love that mouse and love your name.

Welcome to you. Hope you love it here and get younger every day!:a040:

[Mickedamouse24]

YOUR NAME makes me a new friend of yours. Love that mouse and love your name.

Welcome to you. Hope you love it here and get younger every day!:a040:

I am very fond of that mouse myself... all through my younger days I answered to the name "Mickey!"... as I grew older everyone started calling me "Jim!" I answer to either! Be seeing you in all those familiar places!:laugh:

[Pturner]

:wave: Mickedamouse,

Now that your an adult, where else would you retire but @ Adult Disney. What a perfect way to cap off your life as Mickey!

I love the name and mouse too! I'm excited for you and can't wait to meet you one of these days.

Hope the rest of your days are the best of your days!

Pturner

[billlaur]

Is it true there is a 7% sales tax on new homes and no sales tax on pre-owned??
Thanks Bill

[graciegirl]

Is it true there is a 7% sales tax on new homes and no sales tax on pre-owned??
Thanks Bill

NO.

[mulligan]

GG-that's the shortest reply i"ve ever seen from you. Are you trying to run the post numbers up??

[Russ_Boston]

Is it true there is a 7% sales tax on new homes and no sales tax on pre-owned??
Thanks Bill

No sales tax on either.

[Pturner]

:a20:

[Sherman931]

Well we have arrived! Closed on our home in Pennecamp yesterday. The movers arrived yesterday afternoon and it has been unpacking time all day yesterday and today; and will continue into next week.

Let the fun begin:a040:

[Jack&Pam]

Congratulations !!!

New Neighbors

Could someone tell me the cost of the bond in Pennecamp and what the monthly payments will be over the 30 years.

Thanks in advance.

[Pturner]

Well we have arrived! Closed on our home in Pennecamp yesterday. The movers arrived yesterday afternoon and it has been unpacking time all day yesterday and today; and will continue into next week.

Let the fun begin:a040:

:welcome: May the rest of your life be the best of your life!

[nkrifats]

Enjoy your new home.

[Ohiogirl]

Congratulations !!!

New Neighbors

Could someone tell me the cost of the bond in Pennecamp and what the monthly payments will be over the 30 years.

Thanks in advance.

Depends on what type (not purchase price) home you buy. For instance, all Designers in the same CDD (Community Development District - usually 3-5 Villages all built around the same time) have the same bond. All Courtyard Villas (regardless of whether 2 bedroom on smallest lot or 3 bedroom corner lot) have the same bond, etc. I am not sure whether patio villas have the same bond as CYV neighborhoods nor am I sure whether or not Cottages (which have replaced ranches, I think) have the same bond as Designers or not.

The bond, as I understand it, is based on the density of the type of neighborhood (i.e., average lot size for that type neighborhood, or in other words, how many homes of that type per acre).

Do a search and you will find a wealth of info. Also, once you get a real estate agent, you can ask specific questions.