Didn't they say Designer homes in Fruitland Park would would be 0K?? Didn't they say Designer homes in Fruitland Park would would be $500K?? - Page 6 - Talk of The Villages Florida

Didn't they say Designer homes in Fruitland Park would would be $500K??

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  #76  
Old 07-08-2015, 06:28 PM
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Default CDDs Stewardship Districts and bonds

Hopping Green and Sams (great outfit) has an info sheet entitled "An Introduction to Community Development Districts and Stewardship Districts). Google it, it's a great read. Although the District (Rohan) does a good job the real pro is Gary Moyer (now a VP with the Developer) he was the District Manager before Janet Tutt and Pete Wahl. Gary was an architect of Chapter 190 the foundation F.S. for CDDs. Because a CDD is a Special District it is entitled to issue bonds (no problem for infrastructure bonds like those of the numbered districts but there is problem with the IRS whether the bonds issued by the VCCDD are muni's)....contrary to the SUN, the fat lady is not ready to sing. Wouldn't be surprised if the VCCDD and the PWA don't form a Stewardship district in the future. Most folks know the bonds as impact fees usually funded by the developer and included in the home price...our bonds are the direct responsibility of the homeowner....even if a house is never built.
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Old 07-08-2015, 06:56 PM
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Hopping Green and Sams (great outfit) has an info sheet entitled "An Introduction to Community Development Districts and Stewardship Districts). Google it, it's a great read. Although the District (Rohan) does a good job the real pro is Gary Moyer (now a VP with the Developer) he was the District Manager before Janet Tutt and Pete Wahl. Gary was an architect of Chapter 190 the foundation F.S. for CDDs. Because a CDD is a Special District it is entitled to issue bonds (no problem for infrastructure bonds like those of the numbered districts but there is problem with the IRS whether the bonds issued by the VCCDD are muni's)....contrary to the SUN, the fat lady is not ready to sing. Wouldn't be surprised if the VCCDD and the PWA don't form a Stewardship district in the future. Most folks know the bonds as impact fees usually funded by the developer and included in the home price...our bonds are the direct responsibility of the homeowner....even if a house is never built.




How does that work? You can't close on a home here until it is finished in every way. Perhaps I didn't understand your point? Oh, and what is the PWA? And welcome to the forum. Been here long?
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Old 07-08-2015, 08:29 PM
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How does that work? You can't close on a home here until it is finished in every way. Perhaps I didn't understand your point? Oh, and what is the PWA? And welcome to the forum. Been here long?
He is correct, the lien is against the LAND and any improvements that may eventually be made to it. It would exist whether or not it was built upon, which doesn't happen because of the way properties are sold in The Villages.
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  #79  
Old 07-08-2015, 09:01 PM
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It's a common claim/rumor/story/whatever that on average, TV residents move three times. I too find it highly questionable.
On our third house
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Old 07-08-2015, 09:16 PM
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We have several in our neighborhood who are in their 3rd home. We know one couple who have just moved into their 8th home here in 13 years.
Sure, there have to be people that have moved more then three times. Three times is an average. I'm sure a lot of people here buy once and never move. Somebody has to make up for that for the average to be three.
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Old 07-08-2015, 09:18 PM
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We're the ones that stayed put. But half of the houses on our street have changed hands.
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Old 07-09-2015, 02:52 AM
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Its a retirement community and i would guess more than half never move, unless you count the final move. To say an average of three moves is totally unbelievable. Imo
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Old 07-09-2015, 05:39 AM
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There seems to have been in the past a lot of movement within the villages itself. People I know who are moving and told me they viewed The Villages as a buyers market right now.

I made certain that the home I purchased was one that I intended to stay in for the duration. We worked out all the kinks decorated and furnished it accordingly and immediately paid off the bond. In time we replaced the HVAC with a top of the line as we did appliances garbage disposal. We will replace the hot water heater shortly. We would have made some additions to the home but its clear the kids are not going to relocate here so they can sell it.

In my view as of today we still could not recoup our expenditures and make a profit and to me a home has always been an investment. So we have stayed put for going on 9 years because retirement money is a scarce resource since it is difficult to replenish.
  #84  
Old 07-09-2015, 07:30 AM
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Originally Posted by dotti105 View Post
I just checked out some homes on the Villages website and there are Designer Homes listed in LaBelle starting in the $220's. I was shocked! So much for our rapidly increasing equity........
Here's something you might find interesting. Go on to thevillages.com. Click on Homes and click on Model Home Gallery. Click on Cottage Homes. Find the Sunkist and take the model tour. Go back to the Model Home Gallery and Click on Designer Homes and find the Begonia. Take the model tour. Open the floor plan for each of these homes and keep them open on your screen and compare them.
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Old 07-09-2015, 07:39 AM
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Here's something you might find interesting. Go on to thevillages.com. Click on Homes and click on Model Home Gallery. Click on Cottage Homes. Find the Sunkist and take the model tour. Go back to the Model Home Gallery and Click on Designer Homes and find the Begonia. Take the model tour. Open the floor plan for each of these homes and keep them open on your screen and compare them.
I don't understand your point. While the Sunkist looks the same, it is 600 sq ft. smaller than the Begonia and has no golf cart garage. And the lanai is quite a bit smaller. No laundry room.

There is a Premier with the exact same floor plan as the Begonia/Gardenia, only bigger.
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Old 07-09-2015, 07:45 PM
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I don't understand your point. While the Sunkist looks the same, it is 600 sq ft. smaller than the Begonia and has no golf cart garage. And the lanai is quite a bit smaller. No laundry room.

There is a Premier with the exact same floor plan as the Begonia/Gardenia, only bigger.
I'm sorry, I meant the Bourganvillea, not the Begonia. The Boruganvillea and Sun Kissed are exactly the same house, but one is a Cottage Home and one is a Designer Home. The only difference is the appointments.

In fact a friend of mine has an Amarillo which was marketed and listed as a Ranch Home and it is also the same as these two.
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  #87  
Old 07-09-2015, 07:48 PM
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OK. Now I get it.
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