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tophcfa
08-14-2023, 08:41 PM
We are Villages homeowners who split our time between the Villages and our northern home. We get an incredible amount of unsolicited mailings at our northern home offering to buy our Village’s home for cash, in as in condition, with a quick closing. In the last week we have received three separate solicitations, and we have received offers at least monthly for the last several years. Although we have absolutely no interest in selling our home, these offers have me asking myself some questions.
- Are others getting these offers?
- Are the companies making these offers targeting Snowbirds/Snowflakes/Part Time residents only and not FROGS?
- Are they targeting residents whose public records (tax collectors office) mailing address is different than their Villages address?
- Are they targeting certain CDD’s within the Villages?
- Are they targeting homes at certain price points?
- Are they targeting homes with no bonds?
- Are they targeting homes that are older?
- Are they targeting homes with certain features such as a pool?

I am curious if others are getting these offers, and if so what profile their home fits into.

To put our homes profile into prospective, our home was built in the late 1990’s, is in CDD1, the bond was paid off long ago, is a relatively affordable 2 bed/2 bath ranch type layout, and has a pool. I can see how our home would be highly desirable because it’s hard to find a home at a relatively affordable price point that has privacy (it abuts a wildlife preserve) with a nice pool, no bond, is a short golf cart ride to two town squares, an abundance of shopping and dining, and lots and lots of both Championship and real Executive (not pitch and put and putting) golf courses.

I would welcome feedback from others getting these unsolicited offers, inquiring minds want to know.

On another note, I fear these companies represent investors looking to buy easy to rent homes and turn them into more friggin short term rental units. That would totally suck!

Topspinmo
08-14-2023, 09:31 PM
probably just you? some how they found out your personal information. Probably the same bunch advertising on TV down here or maybe all over the country?

Toymeister
08-15-2023, 06:16 AM
Golf front, pool, bond, south of 44, full timer, not 'affordable' by most measures

No unsolicited offers

Miboater
08-15-2023, 08:24 AM
I get calls about my buying my vacant lot in Sumter County. The only lot I have is the one my house is sitting on.

tophcfa
08-15-2023, 08:42 AM
Golf front, pool, bond, south of 44, full timer, not 'affordable' by most measures

No unsolicited offers

Not surprised, my best guess is that they are targeting homes below a certain price point without bonds (can turn a profit renting), owned by part timers (higher probability of willingness to sell), north of 44 (not having to compete with high volume of new homes and available rentals)? Additional features such as pool would be a bonus if the home fits other criteria, as they would increase rental demand.

I suspect opportunistic investors are somehow downloading public data records and running it through an algorithm to identify potential sellers of properties that fit a target profile of profitable rental properties. They probably also do drive by’s of the identified homes and cross properties off the list that appear to not be well maintained. They then follow that up with a shotgun mass mailing strategy to their target market in hopes of uncovering motivated sellers willing to dump their properties quickly for cash in “as is condition”.

I could be wrong, but that’s what my sniff test tells me.

DAVES
08-15-2023, 08:50 AM
We are Villages homeowners who split our time between the Villages and our northern home. We get an incredible amount of unsolicited mailings at our northern home offering to buy our Village’s home for cash, in as in condition, with a quick closing. In the last week we have received three separate solicitations, and we have received offers at least monthly for the last several years. Although we have absolutely no interest in selling our home, these offers have me asking myself some questions.
- Are others getting these offers?
- Are the companies making these offers targeting Snowbirds/Snowflakes/Part Time residents only and not FROGS?
- Are they targeting residents whose public records (tax collectors office) mailing address is different than their Villages address?
- Are they targeting certain CDD’s within the Villages?
- Are they targeting homes at certain price points?
- Are they targeting homes with no bonds?
- Are they targeting homes that are older?
- Are they targeting homes with certain features such as a pool?

I am curious if others are getting these offers, and if so what profile their home fits into.

To put our homes profile into prospective, our home was built in the late 1990’s, is in CDD1, the bond was paid off long ago, is a relatively affordable 2 bed/2 bath ranch type layout, and has a pool. I can see how our home would be highly desirable because it’s hard to find a home at a relatively affordable price point that has privacy (it abuts a wildlife preserve) with a nice pool, no bond, is a short golf cart ride to two town squares, an abundance of shopping and dining, and lots and lots of both Championship and real Executive (not pitch and put and putting) golf courses.

I would welcome feedback from others getting these unsolicited offers, inquiring minds want to know.

On another note, I fear these companies represent investors looking to buy easy to rent homes and turn them into more friggin short term rental units. That would totally suck!

Like it or not privacy is a thing of the past. Perhaps, you looked up the value of your home on Zillow or Realtor.com. Perhaps, someone was minding what should be your private business. Home? Be thankful you are not getting cremation mailings.

DAVES
08-15-2023, 09:03 AM
I get calls about my buying my vacant lot in Sumter County. The only lot I have is the one my house is sitting on.

You might want to call them. Many years ago an aunt past. I was named after her deceased brother. One of my other relatives was executor of the will. I suspect a bit shady and or incompetent. Years after my aunt passed I received a letter from an attorney that my lot was being seized under emanate domain.

Beware. Those TV ads where people steal title to your home. The actual crime is far more common on vacant land.

Choice. If you call them ask which one of your lots are they interested in. With an address you may discover found money.

Laker14
08-15-2023, 09:10 AM
I am a split-timer. I have not received any unsolicited offers.

petsetc
08-15-2023, 09:43 AM
All they have to do is a search of the tax records and see who has a mailing address out of state.

JMHO

Whitley
08-15-2023, 10:33 AM
I get calls about my buying my vacant lot in Sumter County. The only lot I have is the one my house is sitting on.

So you aren't interested in selling you vacant lot then?

Miboater
08-15-2023, 01:09 PM
So you aren't interested in selling you vacant lot then?

Well, everything is for sale if the price is right.

kkingston57
08-15-2023, 01:18 PM
We are Villages homeowners who split our time between the Villages and our northern home. We get an incredible amount of unsolicited mailings at our northern home offering to buy our Village’s home for cash, in as in condition, with a quick closing. In the last week we have received three separate solicitations, and we have received offers at least monthly for the last several years. Although we have absolutely no interest in selling our home, these offers have me asking myself some questions.
- Are others getting these offers?
- Are the companies making these offers targeting Snowbirds/Snowflakes/Part Time residents only and not FROGS?
- Are they targeting residents whose public records (tax collectors office) mailing address is different than their Villages address?
- Are they targeting certain CDD’s within the Villages?
- Are they targeting homes at certain price points?
- Are they targeting homes with no bonds?
- Are they targeting homes that are older?
- Are they targeting homes with certain features such as a pool?

I am curious if others are getting these offers, and if so what profile their home fits into.

To put our homes profile into prospective, our home was built in the late 1990’s, is in CDD1, the bond was paid off long ago, is a relatively affordable 2 bed/2 bath ranch type layout, and has a pool. I can see how our home would be highly desirable because it’s hard to find a home at a relatively affordable price point that has privacy (it abuts a wildlife preserve) with a nice pool, no bond, is a short golf cart ride to two town squares, an abundance of shopping and dining, and lots and lots of both Championship and real Executive (not pitch and put and putting) golf courses.

I would welcome feedback from others getting these unsolicited offers, inquiring minds want to know.

On another note, I fear these companies represent investors looking to buy easy to rent homes and turn them into more friggin short term rental units. That would totally suck!

We own vacant land in Colorado. Get un solicited offers 1-2 X a week. Most are well below market price. Did receive one fair offer and found out they were frauds. This was the only situation where in we were intending to talk to them. They made a 2nd bid without us making a counter proposal. Any bid you feel is fair, check out the buyer

LMadigan
08-16-2023, 05:04 AM
We too are split 6 months Florida and 6 months up north. Our Villa home is between 466A and 44. The amount of unsolicited mail AND phone calls by Realtors has increased.
We also are not interested in selling.
I assumed they were targeting us from Public records that indicate a mailing address outside of The Village’s.

gettingby
08-16-2023, 05:09 AM
We moved here from Seminole County just north of Orlando. We have owned several rental homes and still own one there. I get this junk mail all the time so I decided to go forward on one of them. Their offer was 20% low. They don’t want to buy a house they want you to darn near give it to them. If we want to sell a house we’ll do it on our own. Like I said, junk mail. Toss it in the trash and pay it no mind.

La lamy
08-16-2023, 05:18 AM
The only solicitation I get is from a Village agent which I asked a few questions about homes a long time ago. I "unsubscribed" from the monthly emails, but now he's doing it via real mail. UGH. I'll have to deal with that soon instead of UGHing every time I get a freakin postcard of his.

Skunky1
08-16-2023, 05:34 AM
Could be potential squatters! Vacant properties are ripe targets.

deano_hoosier
08-16-2023, 05:35 AM
We get 1-2 / month to our Indiana address. House is very similar in age, location but a 3-2 and no pool with power line run/preserve in back.

cndlou3
08-16-2023, 05:40 AM
We get phone calls. I would truly like to know how they are getting our phone number. Does anyone worry about this and maybe wonder if they will come back to their home, and someone be living there? You never know now a days. Maybe I am just overthinking it.

ckcapaul
08-16-2023, 05:59 AM
We started getting them 2 years ago after we sold and bought a different house in the villages. Phone calls, assume public records from closing. Sometimes hang up, sometimes talk with them for a while to waste their time.

asianthree
08-16-2023, 06:14 AM
We have multiple homes, north and TV. Our sons have also inquired about buying. It’s the person who becomes your rep, and their office staff. We receive mail at our northern home from our rep, for birthdays, and fun info about his family, and TV news. NO sell items ever arrive. Our sons receive birthday cards, and the family fun updates and TV news, couple times a year. Nothing on selling.

I will say it’s their office staff lack of updates, and how much they waste trees.

We bought a preowned home, the previous owner was the TV sales rep sister. We still get his birthday cards, and crap to list our home, in previous owners name, from his sister. It’s been since 2014.

skippy05
08-16-2023, 06:22 AM
They get your information to contact you by all those free cruise drawings you entered to "win".

deborahcme
08-16-2023, 06:46 AM
These things seem to come in waves. Realtors may be looking on behalf of a client inquiry (as in, someone rented your house for the season and is interested in buying it). Realtors looking over short inventory of homes on market may be randomly casting the net (after all, Villagers on average move 3 times or something like that). Flippers looking to flip your home. The list goes on. With email you can try unscubscribing. With snail mail, you can mark the envelope "return to sender." That "may" result in you being removed from that mailing list but not others. It's pest control at the end of the day and annoying. If you feel like it, you could contact the realtor/company directly and ask to be removed from their prospect list. Or you could just chuck it all out and get on with your day. I have been distressed recently after acting as executor of my sister's estate to keep getting these "compassionate" letters offering to "repair and sell her home." These are just flippers with no idea of condition of home, etc. Eventually the letters stopped coming each week. So, yeah. You are not alone if that helps.

KenLee100
08-16-2023, 07:00 AM
We are Villages homeowners who split our time between the Villages and our northern home. We get an incredible amount of unsolicited mailings at our northern home offering to buy our Village’s home for cash, in as in condition, with a quick closing. In the last week we have received three separate solicitations, and we have received offers at least monthly for the last several years. Although we have absolutely no interest in selling our home, these offers have me asking myself some questions.
- Are others getting these offers?
- Are the companies making these offers targeting Snowbirds/Snowflakes/Part Time residents only and not FROGS?
- Are they targeting residents whose public records (tax collectors office) mailing address is different than their Villages address?
- Are they targeting certain CDD’s within the Villages?
- Are they targeting homes at certain price points?
- Are they targeting homes with no bonds?
- Are they targeting homes that are older?
- Are they targeting homes with certain features such as a pool?

I am curious if others are getting these offers, and if so what profile their home fits into.

To put our homes profile into prospective, our home was built in the late 1990’s, is in CDD1, the bond was paid off long ago, is a relatively affordable 2 bed/2 bath ranch type layout, and has a pool. I can see how our home would be highly desirable because it’s hard to find a home at a relatively affordable price point that has privacy (it abuts a wildlife preserve) with a nice pool, no bond, is a short golf cart ride to two town squares, an abundance of shopping and dining, and lots and lots of both Championship and real Executive (not pitch and put and putting) golf courses.

I would welcome feedback from others getting these unsolicited offers, inquiring minds want to know.

On another note, I fear these companies represent investors looking to buy easy to rent homes and turn them into more friggin short term rental units. That would totally suck!

You are correct in several ways:
You own a desirable home in a desirable area.
It is easy to access a public record that shows your home address and property address.
Think about it this way:
Someone sends out 500 mailings and 1 person responds favorably.
I did this in Baltimore and bought a house for $50k, painted it and sold it 90 days later for $165k.
Not a bad return for 500 mailings, no?
BTW, the people that sold me the house were very happy to be done with it.
Moral of the story:
Be one of the 499 throwing it in the trash if you are not interested and count your blessings that you own two desirable homes.

wamley
08-16-2023, 07:28 AM
Yes, they fit well in my garbage.

msilagy
08-16-2023, 07:44 AM
I split my time and get none of these mailings. Somehow they got your info.

tallyhoer
08-16-2023, 07:53 AM
I get multiple phone calls everyday about selling. Cards in the mail as well. These investors just cast a broad net with nothing in particular in mind hoping someone will bite.

Mrfriendly
08-16-2023, 07:57 AM
We are Villages homeowners who split our time between the Villages and our northern home. We get an incredible amount of unsolicited mailings at our northern home offering to buy our Village’s home for cash, in as in condition, with a quick closing. In the last week we have received three separate solicitations, and we have received offers at least monthly for the last several years. Although we have absolutely no interest in selling our home, these offers have me asking myself some questions.
- Are others getting these offers?
- Are the companies making these offers targeting Snowbirds/Snowflakes/Part Time residents only and not FROGS?
- Are they targeting residents whose public records (tax collectors office) mailing address is different than their Villages address?
- Are they targeting certain CDD’s within the Villages?
- Are they targeting homes at certain price points?
- Are they targeting homes with no bonds?
- Are they targeting homes that are older?
- Are they targeting homes with certain features such as a pool?

I am curious if others are getting these offers, and if so what profile their home fits into.

To put our homes profile into prospective, our home was built in the late 1990’s, is in CDD1, the bond was paid off long ago, is a relatively affordable 2 bed/2 bath ranch type layout, and has a pool. I can see how our home would be highly desirable because it’s hard to find a home at a relatively affordable price point that has privacy (it abuts a wildlife preserve) with a nice pool, no bond, is a short golf cart ride to two town squares, an abundance of shopping and dining, and lots and lots of both Championship and real Executive (not pitch and put and putting) golf courses.

I would welcome feedback from others getting these unsolicited offers, inquiring minds want to know.

On another note, I fear these companies represent investors looking to buy easy to rent homes and turn them into more friggin short term rental units. That would totally suck!

I also received these mailings occasionally in an envelope marked important. Sometimes it’s to refinance my mortgage other times saying they will buy your homes for cash No questions asked.
I believe them to be mailing lists, hoping someone will call so they have a new lead and maybe get a listing maybe get a Refinance. Don’t think I’ll refi my 2.9% or sell our lovely home we bought as a Turnkey years ago.

jparsoneau@aol.com
08-16-2023, 09:13 AM
I have three houses in the villages. I’ve never once got an offer to buy one of the houses. But I have received multiple offers to buy my lot. They don’t do much homework. But for what it’s worth, I’m looking to buy another rental in the villages as well. So Let me throw a quick ad out if anybody’s looking to sell around Lake Sumter, please let me know. 😁

DrHitch
08-16-2023, 09:18 AM
To the original poster,

You should stay North (global warming) and let me buy your CDD 1 house for a deep discount....haha.

Anyways, The Villages has become over-saturated in rental "investment" properties in the past few years. The residents hate short-term rentals. Corporations and LLCs are buying for 100% rental, not seasonal.

As interest rates rise, this wave should slow down... I'll be looking to buy a courtyard villa North of 466...

Good replies here!

LonnyP
08-16-2023, 10:05 AM
We are Northerner's too. We get them. No idea the answers to your other questions. I can tell you that I have friends in Sun City and they get bothered at least 3-4 times more than we do.

Mjsmithx
08-16-2023, 10:23 AM
We are Villages homeowners who split our time between the Villages and our northern home. We get an incredible amount of unsolicited mailings at our northern home offering to buy our Village’s home for cash, in as in condition, with a quick closing. In the last week we have received three separate solicitations, and we have received offers at least monthly for the last several years. Although we have absolutely no interest in selling our home, these offers have me asking myself some questions.
- Are others getting these offers?
- Are the companies making these offers targeting Snowbirds/Snowflakes/Part Time residents only and not FROGS?
- Are they targeting residents whose public records (tax collectors office) mailing address is different than their Villages address?
- Are they targeting certain CDD’s within the Villages?
- Are they targeting homes at certain price points?
- Are they targeting homes with no bonds?
- Are they targeting homes that are older?
- Are they targeting homes with certain features such as a pool?

I am curious if others are getting these offers, and if so what profile their home fits into.

To put our homes profile into prospective, our home was built in the late 1990’s, is in CDD1, the bond was paid off long ago, is a relatively affordable 2 bed/2 bath ranch type layout, and has a pool. I can see how our home would be highly desirable because it’s hard to find a home at a relatively affordable price point that has privacy (it abuts a wildlife preserve) with a nice pool, no bond, is a short golf cart ride to two town squares, an abundance of shopping and dining, and lots and lots of both Championship and real Executive (not pitch and put and putting) golf courses.

I would welcome feedback from others getting these unsolicited offers, inquiring minds want to know.

On another note, I fear these companies represent investors looking to buy easy to rent homes and turn them into more friggin short term rental units. That would totally suck!

We are snowbirds since 2012, live in CDD 6, 3 bedroom courtyard villa, no pool, has bond.
We get these about once a month. They just go to the recycle bin.

Normal
08-16-2023, 12:18 PM
Fire back with a quick question to the offer.

“Are you willing to sell your real estate company?”

Villagesgal
08-16-2023, 12:23 PM
Most in my neighborhood who bought 20 plus years ago are getting them, including me. I think they are going after people they think are ready to move into assisted living. Public records are easy to get. Just ignore them, they lowball by at least 100,000 of what your home is actually worth. A neighbor was curious, her home is worth about 425,000 per the Villages agent, the buy as is guy offered 258,000. Just throw those solicitations in the trash where they belong.

Sandy and Ed
08-17-2023, 05:30 AM
Not surprised, my best guess is that they are targeting homes below a certain price point without bonds (can turn a profit renting), owned by part timers (higher probability of willingness to sell), north of 44 (not having to compete with high volume of new homes and available rentals)? Additional features such as pool would be a bonus if the home fits other criteria, as they would increase rental demand.

I suspect opportunistic investors are somehow downloading public data records and running it through an algorithm to identify potential sellers of properties that fit a target profile of profitable rental properties. They probably also do drive by’s of the identified homes and cross properties off the list that appear to not be well maintained. They then follow that up with a shotgun mass mailing strategy to their target market in hopes of uncovering motivated sellers willing to dump their properties quickly for cash in “as is condition”.

I could be wrong, but that’s what my sniff test tells me.
Well I too agree with you so we both have good noses I would guess

Boomer
08-17-2023, 10:20 AM
The real estate market is so tight everywhere in the country. Some of us boomers and beyond — who have been buying houses since our 20s — might not be aware of how ridiculous the rental market has become because investors are in competition with those who just want to buy a house to live in.

In some areas, homes within an affordable range are being gobbled up by investors who turn them into rentals with high rents. Hard assets — maybe more work than playing the stock market, but must pay off handsomely.

I have heard there are local governments that are trying to do what they can to stop this highly profitable practice that is littering neighborhoods with rentals.

In TV the game might be slightly different and maybe it’s just flippers or wannabe TVers. But my guess is we will be seeing more and more rentals as this US real estate market shows no signs of normalizing.

Boomer

tophcfa
08-17-2023, 06:50 PM
Two more in the mail today. Never responded to one. This is getting old. I am going to start writing return to sender and put them back in the mail.

Rsenholzi
08-18-2023, 01:42 AM
I live here all year and I am hounded by these crackpots! I even block them when I get texts and calls yet somehow they just persist. It is frustrating

tophcfa
08-18-2023, 08:44 AM
I live here all year and I am hounded by these crackpots! I even block them when I get texts and calls yet somehow they just persist. It is frustrating

Never got any electronic communication, just non stop snail mail and all at our northern address.