Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
#1
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Homes In The Villages
I will be visiting TV in February and would like to know if there is an age restriction to purchase. My wife and I are 52.
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The Bronx,NY Putnam Valley,NY The Village Of Hemingway |
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#2
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Re: Homes In The Villages
Yes, 55 and older...at least one of you, for new homes, with exceptions as explained below.
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Brockton, MA 1946-49 * Fort Lauderdale 1950-66 * Northern Virginia (Army) 1967-69 * North Lauderdale 1970-72 * Coconut Creek 1973-87 * St. Louis 1988-89 # Northern Virginia (again) 1990-2000 * Destin, FL 2001-08 * The Villages - Amelia/Hadley
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#3
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Re: Homes In The Villages
I was 50 when we bought our house..My hubby was even younger.. :dontknow:
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Brooklyn~Pocono's~((Hadley..)) "Some People Live An Entire Lifetime and Wonder If They Have Ever Made a Difference In The World, The Marines Don't Have That Problem" "Semper Fi" "Coincidence is God's way of remaining anonymous" Albert Einstein |
#4
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Re: Homes In The Villages
ask The Villages, however I'm pretty sure the law for 55+ communities (which get some tax advantages) requires 90% of owners be 55+ , not all
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#5
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Re: Homes In The Villages
The law (do a search on this site for it) says 80% at least one person over 55. The other 20% can be any age subject to the restriction that no one under 19 be permanent.
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#6
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Re: Homes In The Villages
My wife and I are both under 50 and own in the villages. The thing is (as we were told)that you can NOT buy a NEW 1st time home from the villages unless 1 member of the household is 55+. You could buy any re-sale property without trouble and living full time in TV is perfectly OKAY too. No one under 19 could live there fulltime. I triple checked because we are in this situation. We hope to move full time in APR. Of course we would not be 'retired' when we arrive and knowing we might only be able to get in 15 or 20% of the fun stuff in we feel it would be still be better then none. I know we will be a minority in TV, but the combination of meeting great people in a fantastic place to live struck us to be perfect reasons to be there. We just stumbled into the villages when browsing through lots of other options in FL. We had planned on it being a vacation home for a little longer, however, things changed when our house sold here in NH and that coupled with an offer on our small business we thought what the heck... nothing really holding us back so lets give it a go.
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MA,NH and now.. The Villages |
#7
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Re: Homes In The Villages
The Villages will sell new homes to those under 55, even if no resident will be 55+. Part of the 20% exception. When the market was booming they probably discouraged too many exceptions, but, these days they will take any qualified buyer. Even with the 20% max exception, I would say that the number of 55- households is far less than 10% Villages-wide.
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Maryland (DC Suburbs) - first 51 years The Villages - next 51 years |
#8
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Re: Homes In The Villages
Quote:
They have no choice today with the changing laws new or used. Last I heard in August they weren't even close to 20%
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Philly,Colorado Springs, Yardley,Pa. Mt. Laurel, NJ. Palm Desert,CA.Scotsdale, AZ. Ocean City,NJ |
#9
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Re: Homes In The Villages
My wife and I ordered a new house to be built in Santiago 8 years ago, we were both 49. Had trouble selling house up north so we rented the new house out for 12 months in the meantime and moved in the year after.
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Oswego, NY Love The Villages |
#10
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Re: Homes In The Villages
I think TV will sell to anyone that draws a breath @ this point.
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MI ME MA Viet Nam CT TV |
Closed Thread |
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