If you are looking for a home in The Villages.
 

And if it is a resale and you wonder how much it sold for in the past;

You can find the price on Sumterpa.com or Marion County Property Appraiser's site or Lake County Property Appraiser's site.

It is good to know.

But do NOT type in last part of address, such as Loop, Boulevard, Street, Avenue. It won't take you to the right place. So if you are looking for 298 Bradford Court. Leave off the "court" part.

Also. sumterpa.com shows how a home is situated on a lot in relation to view etc.

I am waiting for the price collapse , because of the 1/3 expansion, the third GEN developers, and all the Finnegans run a muck, cut backs on the cheese.

IS THAT A "P" IN SUMTER????

Oh wait, guess not.


:ohdear:

Whew.

Hire your own appraiser unless your buying new. There are realtors out there willing to take advantage of gullible old folks that come from the north where homes cost and sell for a lot more.

:yuck:

No age bias please.

Older buyers are far more savvy than younger ones. This isn't our first rodeo.

You can find the same info on Zillow, in fact it is better because it will show all the sales prices paid since home was built, plus tax history. Just type in full address for property and scroll down and click on price/tax history and you will see everything.

Realtors want to sell their listings as fast as possible, that's how they get paid. If a listing is way over market value its usually due to an over zealous owner and a weak agent that couldn't talk sense into them.

Good point, and easy is what us old folks need to ease the stress.

:agree:

I use Zillow frequently. Don't know if Trulia, Redfin, Ziprealty or Realtor dot coms have all of the bells and whistles Zillow has.

:agree:

Happens all too often. Listing goes stale. Price comes down...

I have found fewer errors on the County sites, vs. Zillow's site.

I agree. I have put just about as much into my home as I paid for it.

Zillow is not perfect, but I checked several properties I own or have owned and it was accurate.

The one thing I do not trust on Zillow is their "zestimate" on what a property is worth. They use a very simple algorithm that does not take into account upgrades in the home nor lot/view.

I guess I am missing something here .... why would you want to know what the house sold for last time, or the time before? Surely those numbers have nothing to do with what the house is listed for now - which is what you are going to pay, and if you know what you are doing, you are only going to pay what it is worth to you now!

Someone enlighten me please because this makes no sense to me at all.

Zillow is not better for that reason. The Sumter web site also shows past sales and tax information, just like Zillow. In fact, Zillow gets that information from the Sumter web site.

However, Zillow will show the mls listing information and past listings. Real estate agents will often not tell you about previous listings for the property.

You are definitely missing something. I always want to know what the seller paid for the property and when they bought it. If they bought it less than a year ago, made no upgrades, and now want to sell it for $100 K more, I am going to make a much lower offer. Many of these sellers are trying to get the buyer to pay for the real estate commission when they should be paying it. Also, real estate agents always use comparable sales to value and price their listings. Why shouldn't a buyer use the same kind of information to determine the value of a property?

OK ... you can determine the value of the property to you, but it is still not going to make someone sell you his home if he wants his price and if you don't pay it, believe me someone will! To me, complete waste of time.

Some do, some don't.

Chevy, Ford.

Gas, Electric

Dog, Cat.

Save Seats, Don't.

;)

Sounds like you’re saying someone will pay a seller’s price regardless of what that price might be? Really??!!??

Are you serious? Doing a market analysis is a complete waste of time? I have purchased a lot of properties and have never paid the asking price. Knowing what the seller paid is very valuable information to determine how much to offer for it. This is also the basis used by every real estate agent who determines how much to list the property for. It is also important to know how much other houses on the same street sold for which is also available on the Sumter web site. Also, how long has the seller been trying to sell the property and why they are selling it are important things to know.

No, not quite ................ If a home is priced according to the going rate in the neighborhood the house will sell when the right buyer comes along. Also, I may have a different perspective on this - We moved to TV from the Boston area. When we originally moved to the suburbs of Boston you could pick up a house for peanuts, but as the area became a high tech corridor from the suburbs to Boston and on to NY City, the price of homes skyrocketed. We moved just twice and both times we sold for above asking value and within a matter of days of the house going on the market. When I am carried feet first out of this one my son's can do what they want with it.

I have friends in California in a beautiful area just outside of San Francisco; they moved there about 35 yrs ago and paid in the low $20,000s for their home, he cannot afford to move now because his house is valued at $1.6M, and so are the other homes in the surrounding area. So, once again, what does it matter what the house sold for last time - its what it is valued at now not then?

People, People, People............again:




:rant-rave:

Houses in The Villages are not skyrocketing in value and there are a lot of quick turnovers. If the seller just bought a house this year, it is extremely important to know how much they paid for it. They may be trying to flip the house and get the buyer to cover their real estate commission. The real estate commission is supposed to be paid by the seller, but some sellers seem to think that the buyer should pay that cost. As a buyer, I am not willing to do that. Also, many sellers bought their house in 2005 or 2006 when there was a real estate bubble. Be careful not to overpay for these properties because some people think they should recover for a bad timed purchase.

Are you serious? Doing a market analysis is a complete waste of time? I have purchased a lot of properties and have never paid the asking price.

From this we can conclude you have never purchased a very desirable property that had multiple offers at or above the asking price.

Knowing what the seller paid is very valuable information to determine how much to offers for it. This is also the basis used by every real estate agent who determines how much to list the property for.

Wrong, competent Realtors/Appraisers do not compute market price by what owner paid, they look at current comparables, upgrades done to home, lot and view etc. Price paid by owner has nothing to do with comparative market analysis.

It is also important to know how much other houses on the same street sold for which is also available on the Sumter web site. Also, how long has the seller been trying to sell the property and why they are selling it are important things to know.

Prices paid for similar properties in the area are important, but not the end of story. The same exact floorplan next door might have sold for x amount, but the property for sale might have $100k in desirable upgrades. You are not going to buy them for the same price. Reason seller is selling is irrelevant to market price. Do you think price should be lower if sellers wife got cancer and he no longer needs bigger home?

I am going to take a wild guess here, and bet that when you are the seller all this goes out the window.

Yes, I have never paid asking price because I don't think it is a good idea to buy a house in a seller's market where there are multiple offers.

Agents price houses based on current comparables, but that analysis can include the house being sold if the seller has not lived in it for a long time.

Most experts will tell you not to buy the most expensive house on the street, so it is important to know what the other houses on the street sold for. I have seen some houses in The Villages that are priced $200K above any house on the street because of too many upgrades that are overvalued by the seller.

You are correct that why the seller is selling does not affect comparable market value. I don't mean to be insensitive regarding your cancer comment, but when a seller needs to sell for any reason, they are more likely to accept a lower offer. That is just the way the market works, and knowledge is power.

And, yes, when you are a seller, you try to get a high price, and when you are a buyer, you try to get a low price. This thread is about using the Sumter County public information to buy a house, not to sell one.

I only once paid the asking price on a house. I had been looking in the neighborhood for a year and knew what houses there were selling for. I got in an hour or two after it was listed and three hours later had a signed purchase contract. The next day two cash offers came in from other agents but the listing agent through whom I was buying held onto my deal as she was getting both sides of the commission. It was the best deal I have ever obtained on a house. I bought it in 1996 at the bottom of the market in SoCal. It is now worth 4- 5 times what I paid.

When new areas are released in The Villages and other developments the situation is similar for the best/view lots. As GG expressed in another thread using a Latin phrase the early bird gets the worm.

Yes, I have never paid asking price because I don't think it is a good idea to buy a house in a seller's market where there are multiple offers.

So, you like to buy in "buyers markets" right? Markets are not monolithic. Within The Villages there are homes that are hot, and sell quickly for asking price or more. Other sit for months, on these you can offer less but as usual you get what you pay for. Homes that sell quickly are the same ones that appreciate more, and are easily sold in the future.

Agents price houses based on current comparables, but that analysis can include the house being sold if the seller has not lived in it for a long time

Time of ownership has nothing to do with current value or price.

but when a seller needs to sell for any reason, they are more likely to accept a lower offer. That is just the way the market works, and knowledge is power.

LOL. Sellers always sell for a reason, they want the money! A very large percentage of homes in The Villages are bought with cash, so I would say there are not many who are desperate to sell, unless their home has been sitting for a long time, in which case it's probably not a desirable property and a lowball offer may work.

And, yes, when you are a seller, you try to get a high price, and when you are a buyer, you try to get a low price. This thread is about using the Sumter County public information to buy a house, not to sell one

Buying and selling are two parts of the same equation. I am just responding to your posts. I rest my case for now.

Uh...where do you think Zillow gets its information? Probably from the SumterPA website. It shows all of the information you have listed.

When new areas are released in The Villages and other developments the situation is similar for the best/view lots. As GG expressed using a Latin phrase the early bird gets the worm.

The situation is similar for best view/lots for resales just like it is for new construction. There are lots of buyers who would prefer to buy in established areas with all amentities established, cart access to everything, established shopping/restaurants, no $30k bond, mature landscaping, and no construction noise/dust etc.

Smart birds get the worm because they are smart, not early.

Duh...of course that's where Zillow gets the info, and they also include all previous MLS listings and it's much easier to read than the PA websites. PS, not everyone here lives in Sumter County. :thumbup:

There is a handy dandy one called Marion County Property Appraiser and also one called Lake County Property Appraiser. Be sure to look under Florida.

Yes Dear, we know, but Zillow is much more user friendly. And has previous MLS listing history which is very useful for buyers. Everyone is free to use whatever site suits their needs.

As you say. But it doesn't show you the placement in the neighborhood and where the streets are close to it and just exactly where the view is. (If any)

Google maps satellite view is the best way to see a home's placement/view and everything else you need to know about a particular neighborhood. You can zoom in and out and see much more than any County PA site.

If you are looking for a home in The Villages.
 

If everyone used all these tools who would buy the less desirable houses ? I say let ignorance take it’s course.

Lol


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:agree: the house I mentioned buying in 1996 was built in 1962. I bought it for its ocean view lot. I walked around the house and saw the view. I knew I wanted the house before I ever went inside. In its neighborhood it is all about the view!

Many older homes in any town were built in the best located area on large lots and on wide streets, etc..

The best thing that my dad ever taught me was

"Everything is obvious to everyone"

People that buy homes in the Villages are not stupid, doesn't matter if they were Plumbers or Lawyers. Actually I know plumbers with net worths that many lawyers dream of.

Less desirable homes is entirely in the eyes of the beholder. You do realize that someone who buys a non view kissing lanai patio cottage for $150k gets the same lifestyle amenities and privileges here as a $1 million Premium home buyer?