thinking about moving to TV?

[old moe]

WE are thinking about it, have unanswered questions. Maybe you can help. What is est.$ amount of bond on a home in the 180's--190, range? A concern of mind is that there seems to be very many homes in the rental program? I don't think I would like having different neighbors all the time. Is this a problem? Are most owners happy with their homes, constrution ,etc? We came for a visit on the guest program, but did not get answers to these questions. I'm new to this Forum but think it can be very helpful. Thanks for whatever info you can give, Al

[angiefox10]

I don't have your answers... But welcome to the Forum! :thumbup:

[Bill-n-Brillo]

Al -

If you're talking of the bond amount on a newly constructed home in that price range, I'd say you're probably going to be in the $15k area give or take a bit. Others who recently bought in the newer areas in that home price range can give you more definitive info.

I believe you'll find that, regardless of where you might buy in TV, you'll find a good mix of permanent residents, homes that are rentals 100% of the time, homes that are rented out when the owners aren't there, and homes that have seasonal owners who do not rent them out. I don't think you'll find rental homes to be much of an issue as far as the neighborhood goes.

And as far as home construction goes, I personally feel the homes are pretty well built. There are building codes in place in Sumter County (where all the new construction is taking place) with inspections done for every phase of the construction process so nothing is being "swept under the rug" per se when it comes to things meeting code. Are corners cut in the homes? Sure - carpeting/pad could be of higher quality, cabinetry and countertops could be of a higher grade, appliances could be higher level, etc. But then they'd cost more!! Is there anything inherently wrong or bad with the homes? Nope!!

You were undoubtedly hooked up with a TV real estate representative as part of your Lifestyle Preview. They should be willing to provide you answers to specifics regarding things like the bond ("What is the bond on this particular new home that's for sale?"), the cost of specific building lots and home upgrades, etc.

Hope that helps! And welcome to TOTV!!!!!

Bill :)

[Ohiogirl]

Bill, I gotta correct you here (that doesn't happen often :). Except I really don't know all the facts, so maybe you will correct me. And that's ok.

New construction bonds depend on the type of home - not sure if this has changed south of 466A, but north of 466A, depends on the CDD - in the newest one (#9)? I think the bond for new designers is around $22,000, and I think the Cottages bond might be the same. This is actually based on the density of the neighborhood, not individual lot sizes. i.e., all CYVs in the same district have the same bond, all Cottage homes in the same district have the same bond, etc.

Bond for patio homes and CYVs is a lot less, maybe around $13,000?

If the poster is asking about bonds for homes in the $180-190,000 price range, then he/she is probably looking at CYVs or Cottages, but there are some smaller designers that might fit that price range, at least at closeout prices.

And, if the poster is thinking resales, that's all over the place, from 0 to probably $20,000, depending on the age of the home and if the owner paid off the bond or not. And someone will chip in that there is NO bond in Lake County - but those are all older homes. Many have been updated. There are many designers available for less than $200,000 in the resale market.

[Jim Straz]

The Bond in Tamarind Grove, District 8, for a designer and cottage home is $21,677.

[Bill-n-Brillo]

WOW!! Ohiogirl, if the bond for a new build in the $180-190k range is around $22k, then I AM way off. Sorry - my bad! I was thinking that would be the new bond on something in around the $250k area. But yes, the bond is specific to development in a specific area, not necessarily the price of a particular lot or home.

Bill :)

[old moe]

Thank you all for the great info. You have been most helpfull. When we talked with the R/E rep on our visit he kinder brushed over some of the amounts.

[Pturner]

Hi Old Moe,
Welcome to TOTV! Since the bond can vary quite a bit depending on location, your best bet is to get the amount of bond on any particular home(s) that interests you and add that to the price of the home to get the total price.

If you are interested in resales, work with both a TV sales agent and an MLS Realtor as they don't share listings. Also when comparing home prices, keep in mind that the list price of resales is negotiable.

The houses are well-built. You'll find a mix of seasonal and full-time neighbors in any of The Villages. Restrictions in TV work to guarantee that all of the neighborhoods are well maintained; and it's the way of TV that all of the neighborhoods have an abundance of friendly people and a dearth of grumps. :) So no need to worry about the mix of part-time vs. full-time.

Hope this helps. Best regards.

P

[old moe]

Thanks for your input. Al

[2BNTV]

old moe:


:welcome: to TOTV.

ohiogirl and pturner gave you good advice and this is the place to have any and all questions answered.

Keep on posting!!!!