While intuitively it would seem that the sales price would take into account the balance of any bond, I don't recall ever seeing any 'comps' include the bond balance...when looking to buy 7 years ago.

In other words, both houses (given that they are essentially the same) would most likely be priced almost the same (primarily based on SF/# of bedrooms/garage size/Etc.), even though you're paying more overall...for the one with the bond balance. :shrug:

Bond interest rates currently are close to 4% for new construction.

Balanced, diversified investment funds are earning 2-3 time more than that currently in the US..

Must add the monthly admin fee to get a true effective rate on the bonds.


Plus


Must take into effect the tax impacts on both sides.


Now you have a more accurate analysis.

They will end up near Orlando if they keep this up.

If you know of a balanced fund that is paying 8-12%, long term, please share:1rotfl::1rotfl::1rotfl:

Due to all the blasting in the Fenney area there is a lot of ground breaking.
Just a little holiday humor

And where are all the golf courses for all these new homes ???

- not to mention, a much smaller bond payment.

We currently live in Desoto. They are building in Deluna now and then will start on chirpy chatty (44 & 468). Have drove through Deluna weekly and my concern buying there would be the close proximity to the turnpike. You can hear the traffic. If you can hold off I would wait for chatty chatty.

- I've often said in kidding that in 10 years, Orlando will be a suburb of The Villages. I'm not so sure that is a joke anymore.

Answered many times on this site...…………………….

The Village of KeY West
 

I will wait for a water view In the Village of Key West!

I wonder how many times the airport shuttle will have to stop before it gets to Lake Sumter? When we bought, LSL was the first stop.

The Fidelity Balanced Fund FBALX has a ten year performance of 9.95%.

“Past performance is no guarantee of future performance”.

Hey, maybe they'll eventually put in a light rail that runs all the way from Spanish Springs to the airport(s)! I can dream...

Already it's WAY too far to go by golf car from the southern to northern end or vice versa, even if all the bridges and tunnels were in place. A lot of Villagers would rather not have to drive their cars, so a good little light rail system would actually make a LOT of sense here. :)

And who gets to pay for it???:1rotfl::1rotfl::1rotfl:

How do you get groceries delivered if I might ask.

Bought in Bonita 2009 one of the last areas to be built so we were told. A few months later land was being cleared S/O 466 A. Then the story continues. Key West is a long ways away well maybe not. Where you live is where you feel happy. Don't want to be to close to a major road and huge shopping area look inland away from it. More stores and shopping will be coming be patient. As for Golf Courses etc they to will come in time. Your here to relax and enjoy life. Sit back and enjoy the ride,

Less Trafic????

900 people are moving to Florida each day! Math done!

Thank You for your reply! I am using the Villages app every day but the map is not very good at identifying the names of the Villages. I actually have made my own make and make notes on it. I will check the website to see if it’ any better.

Thanks Again!
Bill

I’ve been here 5 years now and I love The Villages, but this is still something I just don’t understand. Why, oh why, unless you’re going to and from a golf course, would anyone prefer to drive around The Villages in a golf cart rather than in their comfortable, climate controllable car?

Really?

A couple miles to a square. A short ride to a sunset watching spot. A quick drive to a rec center to play billiards. Those times...among many other reasons...scream for a fun golf cart ride. :)

Yes, working with a Villages Agent
 

Yes, I am working with a Villages agent. I just wish the map on the Villiges app also identified each village.

I experience this every time a play golf.:clap2:

Ask your agent for a new paper map...….

deleted

"You never make the shots you don't take"

One of my favorite charts.

https://ritholtz.com/wp-content/uplo...timportant.png

And factor in the unlikely odds that the home will sell for less because of a bond...

I ask, if there is no reason, why are home south of 44 20 to 30 % less than homes north of 44? I say it is because of the Wildwood City Tax and lack of amenity. Yes, the homes are wonderful, but you are not really in The Villages down there. Sorry, I mean no offense, but buyer beware if you plan to buy south of 44.

Having to drive 10-15 minutes is no big deal. I remember traffic in Atlanta. Traffic and distances here in TV and south of 44 are no problem. Don't let anyone tell you not to buy south of 44.

I bought in and love the Village of Fenney.

:popcorn:

I have a hybrid car that gets better fuel economy than my golf cart. Still, I prefer to take that cart wherever and whenever I can. Maybe I’m in my second childhood and if so I have a lot of company in The Villages!

Still wondering why you think those who buy in the new area are not capable of making informed decisions, about taxes, and amenities.
Our oldest and his wife are both doctors, and the new area is where they are buying. Since they are not a brick and mortar shopper, stores are unimportant to them.

He finds those that are so negative against the new area, must be of his grandparents age. Needing the comfort zone of stores, and what ever amenities they need to cling to. He and his wife, are the bikers, runners, softball, basketball, and golf is not as important to them as his parents, and grandparents. He is not a fan of golf carts. Would rather drive his Benz.

As he put it those who retire at 50, need a more active lifestyle. New area gives them that experience

Easy answer, no Championship golf south of 44

Move over....this could get good.......:popcorn:

know what they say about opinions.....they are like (bleep) everybody has one!!!!:popcorn::popcorn:

I started this because I thought it was amazing how far in advance the developer is thinking in terms of homes to already have plans for 60,000 new homes south of 470. But then it turned into the north vs south civil war, which is a shame.

On the lack of golf courses south of 44, I am a golfer that plays twice a week on championship courses and maybe once a week on Executive down south. It is not an problem for me to drive 30 minutes or less and get a free cart and play up north. I am 60 now so as I get older, hopefully a lot older, I may not want to drive. When this happens I suspect there will be at least a few championship courses down here and probably more executive courses if I want to dial back to just executives. Again, I am talking 15 years or more from now. I will also say there are very few golfers on my street and that really surprised me as I began to form my golf group down here.

Right now the amenities they have south of 44 are perfect for me. Connectivity, I really don’t care. More trails to ride my bike on, fantastic. Shopping, I have Amazon Prime for anything I want to buy and I don’t have to drive to a store. Groceries, a Publix 10 minutes away and WalMart in Leesburg less than 30 minutes away. Again, for me and my wife, these are no big deal and with the homes that are planned, the shopping will come.

Bottom line, we did our research, knew the bond amount and taxes, knew it was not connected and no guarantee of a date to complete, but love our lot and home down here in the frontier. We look forward to more people joining us as they build like crazy.

:icon_wink: Finish the statement...... "and they all stink!" :1rotfl: