Continuing previous thread of Lifestyle visit...

Closed Thread
Thread Tools
  #1  
Old 12-10-2009, 12:42 AM
patfla06 patfla06 is offline
Platinum member
Join Date: Nov 2009
Posts: 1,574
Thanks: 1,556
Thanked 594 Times in 193 Posts
Default Continuing previous thread of Lifestyle visit...

The bond on a new premier was quoted to us as $48,000.

We already live in Florida. We love T.V. but if it's not going to be
cheaper then we'll just stay put.

Also very concerned about T.V.'s problem with the I.R.S.
From what I've heard if T.V. loses that battle it sounds as if
the Morse family will pass any cost to the residents.

Bottom line? We love the lifestyle at T.V.
But feel everything is totally one-sided! The Morse family does
what they want and there seems to be no recourse.
Scary proposition.

Last edited by patfla06; 12-10-2009 at 12:56 AM.
  #2  
Old 12-10-2009, 05:41 AM
Taj44 Taj44 is offline
Veteran member
Join Date: Jan 2009
Posts: 862
Thanks: 0
Thanked 0 Times in 0 Posts
Default

Quote:
Originally Posted by patfla06 View Post
The bond on a new premier was quoted to us as $48,000.

We already live in Florida. We love T.V. but if it's not going to be
cheaper then we'll just stay put.

Also very concerned about T.V.'s problem with the I.R.S.
From what I've heard if T.V. loses that battle it sounds as if
the Morse family will pass any cost to the residents.

Bottom line? We love the lifestyle at T.V.
But feel everything is totally one-sided! The Morse family does
what they want and there seems to be no recourse.
Scary proposition.
Why not consider a pre-owned where the bond is paid? Or a designer which would have half the bond? The designers such as a lantana, with a large lot, can have birdcages added on, lanai's extended, for extra space if desired. The IRS question is a totally different ball of wax. We certainly have no way of knowing how that will turn out. As a resident, I have concerns myself.
  #3  
Old 12-10-2009, 06:27 AM
Talk Host's Avatar
Talk Host Talk Host is offline
Founder
Join Date: Nov 2006
Posts: 3,346
Thanks: 0
Thanked 17 Times in 4 Posts
Default

$48,000 ????????????????????????????????? Could that be right?????
  #4  
Old 12-10-2009, 10:55 AM
patfla06 patfla06 is offline
Platinum member
Join Date: Nov 2009
Posts: 1,574
Thanks: 1,556
Thanked 594 Times in 193 Posts
Default

Yes, that is correct. And that is what it is now. By the time they build the new section it could go up.

The problem with going to another house for a lower bond is that now I'm totally compromising the house that fits my needs.
I'm already downsizing, willing to compromise, but the prices are artificially high for what I'm getting already.
And the bond is like a sharp bone in my throat.
  #5  
Old 12-10-2009, 11:06 AM
graciegirl's Avatar
graciegirl graciegirl is offline
Sage
Join Date: Mar 2008
Posts: 40,140
Thanks: 4,997
Thanked 5,735 Times in 1,982 Posts
Send a message via AIM to graciegirl
Default

I think that we should make clear that the bond you are speaking about that is 48k is for a Premier home.

Yes. I do agree that the houses are more expensive in TV than other places. You certainly can get more space for your money in Ohio, Kentucky and Indiana and most likely in other parts of Florida. The bond is for the established rec centers, roads, pool, pickleball courts, etc., that are in place before homes are built in any village. We look at it like a tax.

We finally got by all that, the smaller homes, the bond, small lots, and realized that we would not live in a home like what we had, but the life style fit so beautifully to what we didn't even know we were wanting....if that makes sense.

I think that the trade off is worth it. Everyone has to make his or her own decision.

Many people feel just like you did initially. I did. But then you visit again and realize that this place is just so much fun and so perfect for this time of our life.
  #6  
Old 12-10-2009, 11:12 AM
Martha Kaye Martha Kaye is offline
Junior Member
Join Date: Aug 2009
Posts: 20
Thanks: 0
Thanked 0 Times in 0 Posts
Default Amen to Pat.

We had a couple we were trying to get to buy here and they found they could live close to the water in a golf community with a very big new home in Naples for less money than here! Shop around before you buy.
  #7  
Old 12-10-2009, 11:35 AM
otherbruddaDarrell's Avatar
otherbruddaDarrell otherbruddaDarrell is offline
Veteran member
Join Date: Sep 2009
Location: Indiana,the Villages,Port Charlotte fl ,Summerfield fl, The villages again
Posts: 501
Thanks: 0
Thanked 1 Time in 1 Post
Default

True, prices are more reasonable in other areas of Florida.
My brother had 2 homes built in Port Charlotte apx 2-1/2 years ago as an investment.
They have lost over $250,000.00 since they were built and both were broke in to and had all the appliances taken.
He ended up selling his home up north and moving in to the one closest to the ocean and is renting the 2nd at a loss.
The home he is renting was for sale at 270k but now he would take 125k just to get out from under it.
Here in TV's the homes might cost more up front, but because of all the amentities and popularity of the place, the homes continue to sell and maintain a good selling price.
We also looked at Punta Gorda and Port Charlotte, but TV is the right place for us!
If my brother and his wife were to sell, I think they would also move here.....they love golf and it costs him everytime they go to the course where he lives now.
  #8  
Old 12-10-2009, 11:57 AM
llaran llaran is offline
Veteran member
Join Date: Aug 2007
Posts: 644
Thanks: 207
Thanked 21 Times in 19 Posts
Default

If you have to have a NEW home you'll have to pay the bond, however, there are many nice Premier homes with lower bonds or no bond, but they will be a lived in home.
  #9  
Old 12-10-2009, 12:29 PM
patfla06 patfla06 is offline
Platinum member
Join Date: Nov 2009
Posts: 1,574
Thanks: 1,556
Thanked 594 Times in 193 Posts
Default

I think we've decided that a resale is probably the way to go.
Don't need a new house or the hassle that comes with it.

I live in Tampa now so the weather is the same.

And still concerned with the I.R.S. problem.
  #10  
Old 12-10-2009, 03:14 PM
duffysmom's Avatar
duffysmom duffysmom is offline
Soaring Eagle member
Join Date: Dec 2007
Posts: 2,072
Thanks: 1
Thanked 29 Times in 11 Posts
Thumbs up No Regrets

I've lived in two of the most beautiful areas in Florida, Key Biscayne and Hutchinson Island and had ocean front views. Moving to TV was the wisest decision I ever made because we bought into a life style that is unique as well as stimulating. I value privacy a great deal so living close to other families was something I was concerned about but it has not been a problem. TV is not for everyone but those of us who live here have no regrets which is very telling. As far as the IRS is concerned, I'll cross that bridge when it happens, in the meantime I'm having a ball.
Closed Thread


You are viewing a new design of the TOTV site. Click here to revert to the old version.

All times are GMT -5. The time now is 03:53 AM.