[Ron1Z]

Keep building, I don't retire until 2018. Glad we didn't buy the build out thing that the sales dept was telling us in June.

[CFrance]

Originally Posted by DianeM

I'm sort of at a loss here why this is a bad thing. The builder had a good idea when The Villages was first started and it took off. Now he has the funds to buy more land and build on it. Why is this a bad thing? We all thought it was a good idea and drank the kool aid when we bought here and this gives more people the opportunity to do the same.

Many of us were given "build-out dates" by our sales reps and told that our houses would greatly appreciate in value "after the build-out." Many of those build-out dates have come and gone, and the developer continues to acquire more land. I believe that is why some feel this is a bad thing.

I personally don't care, as this will not be our problem now that we are frogs. Of course, when I didn't put a single tub in our condo in MI 16 years ago, and the builder mentioned resale, I said the same thing: this will be our kids' problem!

[DianeM]

Originally Posted by CFrance

Many of us were given "build-out dates" by our sales reps and told that our houses would greatly appreciate in value "after the build-out." Many of those build-out dates have come and gone, and the developer continues to acquire more land. I believe that is why some feel this is a bad thing.

I personally don't care, as this will not be our problem now that we are frogs. Of course, when I didn't put a single tub in our condo in MI 16 years ago, and the builder mentioned resale, I said the same thing: this will be our kids' problem!

Ahhh so people feel they were sold a bill of goods (so to speak) about prices.

Like you, I don't care all that much. I'd like to at least get my money back if the time comes but beyond that, I bought somewhere to live.

[Frank7]

This may help, article in The Daily Commercial .




Villages' Fruitland Park plans to be discussed - News - Daily Commercial

[Challenger]

Anyone who would put credence in a real estate salesperson's representation about future values is quite naive and will likely be very dissapointed.

[justjim]

Everybody has a right to their opinion about build-out: When, and how it will affect the price of your house are the main questions and opinions. It appears that most believe that when build-out does happen that prices of homes with go up substantially. I don't agree with that assumption---not at all. It's TV'S marketing of new homes that brings in prospects for resales. Without hundreds of people coming to TV because of their fantastic marketing programs, I think prices will level off and perhaps even go down a bit. Any Sales Representative that tells you prices will go up when there are no more new homes being built is strictly giving a self serving opinion with no validity. There can be a "bubble" even
in TV real estate.

[CFrance]

Originally Posted by justjim

Everybody has a right to their opinion about build-out: When, and how it will affect the price of your house are the main questions and opinions. It appears that most believe that when build-out does happen that prices of homes with go up substantially. I don't agree with that assumption---not at all. It's TV'S marketing of new homes that brings in prospects for resales. Without hundreds of people coming to TV because of their fantastic marketing programs, I think prices will level off and perhaps even go down a bit. Any Sales Representative that tells you prices will go up when there are no more new homes being built is strictly giving a self serving opinion with no validity. There can be a "bubble" even
in TV real estate.

My husband agrees with you, justjim. I was thinking that maybe a build-out would reduce the supply, but you make a good point; the marketing campaign would no longer be there. Plus, sad to say, there will probably be more of a supply than in a non-retirement community due to our age.

But I plan to enjoy myself and not worry a lick about it!

[champion6]

The Fruitland Park city commissioners met last night. This story reports the discussions held: Fruitland Park ponders potential future impact of The Villages - **************

[asianthree]

when and if there is a build out it just means we have more to be thankfull for..we bought now because we could afford it..no worries about what was going to happen or not happen..and my rep never mention this was it...just was this the house for you

[DianeM]

Originally Posted by asianthree

when and if there is a build out it just means we have more to be thankfull for..we bought now because we could afford it..no worries about what was going to happen or not happen..and my rep never mention this was it...just was this the house for you

My experience was the same. No hard sell or veiled warnings. Again, just "let's find a house you like ".

[maureenod]

I don't believe there will be a "build out" as long as the developer can buy decent land at the right price. JMO

[graciegirl]

Originally Posted by maureenod

I don't believe there will be a "build out" as long as the developer can buy decent land at the right price. JMO

You are probably right. Which will be alright as long as he doesn't keep reducing the lot size and keeps up with the same level of amenities offered.

It will be good for us if it continues because it will keep this place the status quo as long as he is doing business here.

[patfla06]

I have to agree; why would the developer stop building
such a highly desired place to live?

[JP]

Go developer go.

[lbusch]

read the paper Saturday's The Daily Commercial out of Fruitland PArk

It describes tonight's 7pm meeting of the City Commissioners holding a workshop to discuss the Villages developing the Pine Ridge Diary located south of 466a