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Manufactured homes in the historic district
Does anyone know if TV still has the program where they buy out manufactured homes and replace them with site built homes?
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A year or so ago, someone from the villages came by and offered $90,000 for my manufactured home, site unseen. That offer was way too low. But, as I understand it now, they are not making any offers.
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They were, but I don't think that that program is still going on. When manufactured homes come up for sale, The Villages might make a low ball offer. They usually buy from the children of the owners who are happy to take an offer and be rid of a headache.
When The Villages first began doing this about six years ago, I would see a manufactured home removed and a new home beginning to be built within a week or so. Now, when a home is removed, it seems that the lot sits empty for months. I can't say for sure but it seems that The Villages buys the home, removes it and waits until they have a buyer for a new home. |
I've only seen a very few of those homes get purchased and razed since last November, when we moved in. I don't know who is buying them though. Most of them have been replaced with site-built homes, there are still a couple of empty lots awaiting either construction or a new mfg to be rolled in.
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I could be wrong, but I don't think anyone can build a new house in The Villages except the developer. Also, I think it would be foolish for anyone, including the children of deceased residents, to sell a house for less than market value. Some of the manufactured houses that are well maintained are worth a lot more than $90,000. I also think that the location in Lady Lake is more desirable than some of the new areas being developed.
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I knew someone who sold his lot , he felt it was like hitting the lottery, he was able to buy a preowned 1 bedroom, the home he sold was not going to last long and he didn’t have a lot of money
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I would guess it has paused because the economy is affecting all endeavors. |
One still has the option to purchase a manufactured home/site and have a new (approved) site built home constructed.
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The Villages no longer has the $90K program going because they were actually competing against themselves and the New Homes in the New Areas. The attraction of the Historic Section is obvious to many people. The biggest attraction would be not having to pay The Bond. It's a FACT. If you build in the Historic Section there is NO BOND.
The building of new homes has slowed here in the last year or so but it is still possible. I have noticed single wide homes being removed and another company building beautiful 2br 2ba 1 1/2 car garage CYV'S without the wall surrounding. The homes are absolutely beautiful, absolutely expensive, and built at a slower speed by far than the way The Villages builds a home. From the time the old unit leaves the lot you have 6 months to build your new dream home. Looks like many have slipped in under the wire. People have spoken in the past about the speed of a house being built is to fast and that it affects the quality of the product. I say that's not true. I would pick The Villages way of building any day. I had a shot at what turned out to be one of the last Villages Program Houses and turned it down. Live and learn. |
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you pretty much need ARC approval for anything |
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As of 1 1/2 years ago (not sure if you still can now) you could still have a NEW manufactured home put onto an EXISTING property you own there. A friend of ours did that. Watched them roll in, actually BACK in, 2 units to make a double wide. Meets all current hurricane and other state/county standards of course. Her mother had passed away and they removed her mother's old mold-filled long unoccupied DW and replaced it with a new one. Of course The Villages didn't make it "easy" but it did get done.
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I heard they are buying homes and putting in High-rise apartments........every where. The world is ending.
:ohdear: |
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Im seeing historic side modular homes (doublewides) going for up to $150,000.
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Manufactured homes and replace them with site built homes
We bought the manufactured homes and using outside builder, Armstrongs who build the Stonecrest Community. Decent price with many choice, stuco or siding, 8ft or 10 ft ceiling.
Very pleasant to work with, change during the construction. We are very please with the Armstrong. We have not closing the house yet, but they allow us to do the epoxy floor in the garage (using any company we chose), paint the mural wall in hallway. Check their model homes in Stonecrest |
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Desirable areas
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Anyone can build not just the villages
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Often times when a resident passes away the offspring live up north and coming down here, cleaning a house out and putting it up for sale is a huge hassle. It's often worth it to them to accept $10,000-$30,000 less than market value to be rid of a headache. If the house goes on the market and doesn't sell for a long time, they are paying taxes, insurance, amenity fees and upkeep every month that it doesn't sell. Most of these people are busy with work and family so to have The Villages come in and make an offer makes sense. Most manufactured homes over here are worth more than $90,000. Some homes where the owner has passed away have fallen into disrepair. The landscaping hasn't been kept up. In some cases, the owners were hospitalized for a period before they passed so nothing had been done for a while. It's a myth that all of the homes that were taken out were old single wides that had fallen into disrepair however. Some very nice double wides were removed as well. In fact many of the homes that were removed were donated to Habitat for Humanity and are currently occupied outside The Villages. The Villages bought homes that people were willing to sell. They paid what they though the lot was worth. What's interesting is that when they first started doing this, they were paying above market value. I believe that they simply wanted to get the ball rolling. As more and more people decided the convert from a manufactured home to a site built the prices that they would pay would go down. |
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then the cost to build it is around 120-150 or less plus a profit on reselling other homes to third parties |
With so many people in TV hating socialism, why so much complaining about the family making to much money ????
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It was my understanding (and I may be wrong) the program was for mobile homes only. Mobile homes were being removed and site built homes were going in. There is a difference between mobile homes and manufactured homes.
Word was if you buy a mobile home you cannot get insurance so The Villages stepped in and started buying the mobile homes. There was also an indication that the program would be later extended to manufactured homes. That's the way I heard it. |
The Villages pulled their building crew Led by Jimmy Mehann and sent them south about 15 months ago. I purchased a lot from th Villages in February of 2018 for $59,900. They had purchased the previous home got $110,000 and then incurred demolition costs. The Villages built my home. Now individuals have to purchase doublewides incur the demolition costs and hire an approved contractor to build a new home at a cost considerably higher than the Villages.
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Both are either single-wides or double-wides that are rolled in by trailer, and set down on concrete piers with tie-downs. Modern mobile homes typically have add-ons, such as sheds, lanais, extra rooms - all of which are rolled in by trailer and attached to the main structures once they are at their destination. The Villages "historic" section was a trailer park. No matter how beautiful it is, no matter how luxurious the setting, no matter that is has a gorgeous golf club on the top of a hill that requires membership, or that the neighborhood pool has a jacuzzi..it's still a trailer park. You can call it whatever you want, but it won't negate that fact. It's beautiful, and most of the dwellings are in excellent shape and spacious and lovely and well-decorated and appointed. They're still double-wides and single-wides, regardless. The moderator added a few paragraphs to my post that I didn't write, and put "Software error, apologies" in the "reason for editing" section. I just deleted them, since I didn't post them. Someone else did. Whoever you are, you'll need to re-post whatever it is you posted. However, you would be incorrect. A "mobile home" doesn't become a "manufactured home" dependent on axles or whether or not you own the property. If I own 10 acres of land, and roll five double-wides onto those acres, and I am the owner of both property and mobile homes, they're still mobile homes. |
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Excerpt: "For the industry and the general public, it’s common to interchange the terms “mobile home” and “manufactured home”. Technically, though, manufactured homes must have been built after June 15, 1976, and must meet a set of rigorous standards set forth by HUD. Indeed, today’s manufactured homes are much more durable, safe, strong, and eco-friendly than their pre-1976 predecessors, thanks to these regulations and subsequent HUD code updates." What Is the Difference Between Mobile Homes, Manufactured Homes and Modular Homes? |
[QUOTE=OrangeBlossomBaby;1846580]Technically, a manufactured home IS a mobile home. The term "manufactured home" is intended to replace the term "mobile home" which has negative connotations in the real estate market.
Both are either single-wides or double-wides that are rolled in by trailer, and set down on concrete piers with tie-downs. Modern mobile homes typically have add-ons, such as sheds, lanais, extra rooms - all of which are rolled in by trailer and attached to the main structures once they are at their destination. The Villages "historic" section was a trailer park. No matter how beautiful it is, no matter how luxurious the setting, no matter that is has a gorgeous golf club on the top of a hill that requires membership, or that the neighborhood pool has a jacuzzi..it's still a trailer park. You can call it whatever you want, but it won't negate that fact. It's beautiful, and most of the dwellings are in excellent shape and spacious and lovely and well-decorated and appointed. They're still double-wides and single-wides, regardless. |
Yes you can build a home with the builder of your choice. We did. We owned the land free and clear. We found a builder and presented the plans to T.V. and they approved, got a builder, got a permit, and here we are, new home NOT VILLAGE BUILT only about 80,000 less. You own the property here that is not true of a lot of Mobil parks in Fl.
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Also you quoted from a website that belongs to a mobile home company. Of COURSE they will spin it to make it sound like the 1980 double-wide isn't a double-wide. It's a double-wide. It is, no matter how pretty it is, or how well made it is, or how many standards it meets. It's still a double-wide, and still a mobile home. You can call it a miniature mansion, or a moveable ranch home, or a single-story dwelling, or an extended tiny home. And it'll still be a mobile home. |
The Villages Builders are cookie cutter Builders, if you’re someone that has done a few complete remodels you’ll realize the lack of quality in their builds!
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