Buying multiple TV homes

[JourneyOfLife]

I have seen several threads with comments about people buying a home in TV and then selling that home and buying another home in TV a few years later.


There were some general comments about why this happens.

If you bought a first home in TV and later move to another home in TV, why did you do it. If you are willing to share... why did you move.


Any insight might help those of us that are trying to figure out what to do about future home purchases in retirement.

[Bogie Shooter]

https://www.talkofthevillages.com/forums/villages-florida-new-members-forum-115/once-you-buy-do-really-upgrade-2-times-74702/

[justjim]

I have seen several threads with comments about people buying a home in TV and then selling that home and buying another home in TV a few years later.


There were some general comments about why this happens.

If you bought a first home in TV and later move to another home in TV, why did you do it. If you are willing to share... why did you move.


Any insight might help those of us that are trying to figure out what to do about future home purchases in retirement.

You will find people buy two and three homes in TV for many different reasons. In our case---we are in our third home in seven years. Started with a Villa. At the time, we had family reasons (although retired) to spend mainly "vacation time" in TV. Our second home in TV we purchased because we wanted a larger home to accommodate our grandchildren. It was also easy to sell the Villa which we did ourselves---the home was new but a "spec" home with a discount. This time we did not sell our home----The Villages sold it in less than 30 days. Our third and last home we purchased because we decided we wanted a home with a view and purchased just the right lot to design our retirement "dream" home. So, that in a nutshell is why we are in our third TV home. If you haven't figured it out by now, moving is not new or difficult ---its a challenge but also fun to us. We could write a book regarding the over 20 times we have bought, sold and moved over the years. Move again? Never say never......

[John_W]

My neighbor is in his third home in seven years. He was single in a rancher home near Cane Garden when he met his present wife. He is from Michigan and she is from Canada and they decided to give Tennessee a try. After two years there, she was bored and he missed golf so they return to TV and bought a new designer home. After two years in that home, they decided to downsize and bought a Grantham CYV. That's the largest CYV available, I don't know the current name.

I don't see them moving again. They have landscaping in the front and back that probably cost $10,000. They have a pagoda built over their back patio and a waterfall. Inside they sold their white appliances for next to nothing and put in stainless steel appliances that cost abut $4,000 and also granite countertops. So they have the place pretty much the way they wanted. In CYV's you have no options, and very few times upgrades are offered.


.

[oot]

We currently have a 1 car and cart garage. If we had to do it again we would want at least a 2 car garage - with a golf cart garage would be even better. We have two carts and a car, so the golf carts have the garage. You need to be careful backing out the cart with the car in the drive.

If buying a resale I would also think about location. Do you like to shop or be near certain squares? How about the golf cart paths near your location. If you golf what courses fit your game. Yes, you can drive to any of them but we tend to frequent the ones closer to our home.

[LvmyPug2]

We are on our second home. 1st home was 1500 sq ft and we used it as a weekend get-away place. When we decided to live here full time we knew we wanted a bit more space so we bought a designer that is just under 2000 sq ft. Those 500 extra sq feet gave each room a tad more space which made a really big difference in the "feel" of the house.

[l2ridehd]

We bought our first home in 2008. We made an offer on a home we really liked in Sunset Pointe on the golf course with a pool, but didn't get it. So we bought another home in Poinciana instead. Well about 3 months after we closed on that home, the first home we wanted had fell through for some reason, so we bought it. Decided to use the other home as a rental for a while. That worked out really well. The one thing we didn't like about our Sunset Pointe home was no golf cart garage and no room to add one. A couple years later a home really close to us with a golf cart garage came on the market. It was a one minute walk away. Well being successful with the other rental, we bought this one so we now have a golf cart garage although a one minute walk away. So I put a wall between the main garage and the golf cart garage and now have two rentals plus our personal home.

We are in the process of selling our VA home and when we do and move there full time, we may buy a larger Premier home. Still undecided about that as we love our current location and home.

At some point we will sell the first home, probably the second if we upgrade to a larger home, but will probably keep the third home as a rental and as a smaller home to move into should the up keep become to hard and to expensive on the pool home. Or if or when one of us goes to the great beyond, the smaller home would be perfect. So far they have all worked out great, seem to be great investments, and will probably buy another at some time.

[tainsley]

My neighbor is in his third home in seven years. He was single in a rancher home near Cane Garden when he met his present wife. He is from Michigan and she is from Canada and they decided to give Tennessee a try. After two years there, she was bored and he missed golf so they return to TV and bought a new designer home. After two years in that home, they decided to downsize and bought a Grantham CYV. That's the largest CYV available, I don't know the current name.

I don't see them moving again. They have landscaping in the front and back that probably cost $10,000. They have a pagoda built over their back patio and a waterfall. Inside they sold their white appliances for next to nothing and put in stainless steel appliances that cost abut $4,000 and also granite countertops. So they have the place pretty much the way they wanted. In CYV's you have no options, and very few times upgrades are offered.


.

The current Grantham model is called the Arlington. Three BR two bath open family/dining/kitchen area (approx. 1700 sf). We are at the end of our street on a corner lot. Plenty of privacy. No plans to ever move.