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Hmmm...
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Buy houses for what appears to already be inflated prices, then wait a few months and put them back up for sale at even higher prices? It'll be interesting to see if that works. |
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LOL, I already asked Allegiance to explain that theory 7 pages ago, no response yet.:crap2: |
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But I do agree. I doubt if his plan is to buy these homes and resell them a few months down the road at a higher price. It'll be interesting to see what happens. |
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I saw that someone had posted that there are 400 homes over here. Someone else posted 750 and still another post says 4,000. I had heard that there are 7,000. All you have to do is take a short drive around here and you can see that there are far more then 750 homes. I'm not sure what encompassed "The Enclaves" but as I understand it, The first development was Orange Blossom Gardens. It was then spread southeastward to what is now called Silver Lake. Finally, the area to the northwest, now called Country Club Hills was developed. On another note, there are several manufactured homes across 27/441 int he older Villages of Del Mar, Mira Mesa and some of the others surrounding Spanish Springs Town Square. |
the village salesman we were working with told me the villages purchased 30 manufacted, he said they are going to turn them into patio or Court yards.
I questioned why the builder didn't want the one i was interested in, on teakwood, and he said they have such a high amount backloged at this point and didn't want to take on any more.....hummmm.. We decided to take a wait and see approach. |
Here is the Historic District, in all it's glory. If someone wants to bother you can count the number of homes here.
http://i1260.photobucket.com/albums/...ps4b7f496f.jpg |
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The question is why would they be buying up god homes at high prices when there are plenty here that they can buy at foreclosure rates. It would make sense to me for the developer to approach the banks that hold these properties and make an offer for all of them as opposed to buying up homes for $100,000+ and then putting villas on them that will sell from $150,00 to $250,000. |
I am pretty sure that the homes that I saw "disappear" from the listing site were the ones in the seventy to eighty range.
I do know this. That nice ole guy, Gary Morse, knows his way around real estate. If you missed it, anyone, I am a HUGE fan. |
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The other thought that I had is that this might only be the start of a long term plan to keep The Villages as updated as possible. The Historic District has been here for about thirty years now. (Yes, few homes have been here longer but for the most part, the Villages started around thirty years ago). If he starts over here and takes ten years or so to change it over to site built homes, he might then move across the street to the Spanish Springs areas, (where there are several manufactured homes by the way) and start doing the same thing over there. It's possible that 50-100 years from now, all of the homes in The Villages from the Historic District to Fruitland Park ay be replaced. Successful people ten to have long term plans. |
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The Historic Side
Personally I loved the explanation by someone of "trailers" vs "manufactured" homes. While in MIchigan (23 years) I lived near a factory that built two piece homes, delivered them, set them up and wham bam you have a home. They were called "manufactured" homes. Near there was another plant that built "metal siding" homes called "trailers". Same thing, built, delivered, set up.
Most "trailers" or whatever we choose to call them seem to have vertically placed metal siding whereas manufactured homes had aluminum or vinyl siding placed horizontally. To me, the manufactured homes were very well built due in fact to being built/assembled inside rather than outside where quality is sometimes sacrificed due to -20 degree whether. My husband placed a lot of telephone wiring in site built homes and apartments and was often told to "hurry up so we can hide the defects in the studs/walls, etc. Remember rock throwers, this is my opinion only and opinions can't be wrong |
sorry for the typo..............weather not whether
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