[batman911]

Appraisals are based on past sales. Appraisals will remain high as long as the developer is selling new homes at higher prices than the surrounding area which also keeps the resale prices higher. The reality check will come when/if buildout occurs. Will the demand for resale homes in TV be sufficient to maintain those prices? Without the developers advertising funding and PR department, prices could drop. Other developers could open new communities next to TV. Only time will tell.

[KEVIN & JOSIE]

The way I look at it, if you are happy with the lifestyle, happy with your home, can afford your home, who really cares about what the market will do unless you want to sell it. After all, none of us are getting younger, and really who cares how much you have to leave behind when you die. Life is not promised, and can be taken in an instant. Enjoy everyday!

[villagegolfer]

Originally Posted by KEVIN & JOSIE

The way I look at it, if you are happy with the lifestyle, happy with your home, can afford your home, who really cares about what the market will do unless you want to sell it. After all, none of us are getting younger, and really who cares how much you have to leave behind when you die. Life is not promised, and can be taken in an instant. Enjoy everyday!

This is the best post I have read today.

[graciegirl]

Originally Posted by KEVIN & JOSIE

The way I look at it, if you are happy with the lifestyle, happy with your home, can afford your home, who really cares about what the market will do unless you want to sell it. After all, none of us are getting younger, and really who cares how much you have to leave behind when you die. Life is not promised, and can be taken in an instant. Enjoy everyday!

I so agree!

[Larry Wilson]

Bargains on pre-owned in here.
Friend just had a $300,000 bid accepted on a concrete w/cement finish house that cost half a million in 2006. Got a mansard lanai, a pool, and built in spa. Huge garage- 2 car plus golf garage. Pre wired sound system. Tile and granite and more. Best part- it is on Palmer golf course with golf path on the other side of golf course. Breathtaking views.
Can't say more as friend would kill me. Let's just say it went for far less than asking price. Yes he paid cash. Daughter had inherited and she was willing to really deal. Don't give up on your dream house.

[jackz]

Originally Posted by KEVIN & JOSIE

The way I look at it, if you are happy with the lifestyle, happy with your home, can afford your home, who really cares about what the market will do unless you want to sell it. After all, none of us are getting younger, and really who cares how much you have to leave behind when you die. Life is not promised, and can be taken in an instant. Enjoy everyday!

Totally agree. Note my signature line for additional proof....

[Dennis Ga]

Originally Posted by KEVIN & JOSIE

The way I look at it, if you are happy with the lifestyle, happy with your home, can afford your home, who really cares about what the market will do unless you want to sell it. After all, none of us are getting younger, and really who cares how much you have to leave behind when you die. Life is not promised, and can be taken in an instant. Enjoy everyday!

I love your thought of ENJOYING EVERYDAY.

[mrfixit]

Originally Posted by Dennis Ga

I love your thought of ENJOYING EVERYDAY.

.............been DRINKING to "that" for LOTSA years..... NOW...my kids send me $$$$....PAYBACKS are "SUH---WEEEETT". They call it "GEEZER COLLEGE FUNDS".

[784caroline]

If you take out a mortgage to get a tax deduction you are spending $7 to get$3 back.......now having this deduction most likely will alllow you to itemize and add more deductions..BUT this should not be the reason to take out a mortgage.

[Pturner]

Originally Posted by memason

I hear you, but so far, 80,000+ people have decided the premium is well worth it. I looked for something to be "wrong" with TV for 5 years, before moving here full time. I only found one thing wrong....I WASN'T HERE! Now, it's perfect!

I loved Kevin and Jose's post, too-- and let's not overlook this gem.

[2 Oldcrabs]

Originally Posted by Bogie Shooter

I have not seen any evidence to support that our life style will change when buildout is complete. What is your basis for believing that it will?

We have been looking at TV since 2004. We could not move because of elderly parents issues. Things have changed for us and our house in De is on the market. We know of 2 couples who moved to TV in 1998. They have both moved this year because they felt TV has changed too much. The music at the squares has changed, the pools are not as warm in the winter and the delveloper is putting all the money into amenties south of CR466. Lets not forget the POA had to sue the developer to get improvements. There are things in place to try and keep the life stye in place , but the developer is the driving force. When I listen to TV sales people, I sometimes think I am listening to a Timeshare sales presentation without the high pressure. I have a sister who has lived in TV since 2008. She thinks she has died and gone to Heaven. I met people in "Top of the World" who use to live in TV and moved because of the crowds in TV. With the build out, will it be too crowded? Is the extra 30-40% you pay for a TV home worth it? Some people will tell yes others wil tell you no. I still think we are going to buy in TV but we are trying not to let our emotions make the decision.

[villagegolfer]

is summertime in The Villages. I have spent the last few months golfing when I feel like it, no lines at the restaurants, traffic has been light and everybody is happy. My neighbors will come back from the north in a few months and I will have fun with them. I will alter my schedule for a few short months and then they will be gone again, leaving me with all this great stuff.

Life is great.

[Bogie Shooter]

Originally Posted by 2 Oldcrabs

We have been looking at TV since 2004. We could not move because of elderly parents issues. Things have changed for us and our house in De is on the market. We know of 2 couples who moved to TV in 1998. They have both moved this year because they felt TV has changed too much. The music at the squares has changed, the pools are not as warm in the winter and the delveloper is putting all the money into amenties south of CR466. Lets not forget the POA had to sue the developer to get improvements. There are things in place to try and keep the life stye in place , but the developer is the driving force. When I listen to TV sales people, I sometimes think I am listening to a Timeshare sales presentation without the high pressure. I have a sister who has lived in TV since 2008. She thinks she has died and gone to Heaven. I met people in "Top of the World" who use to live in TV and moved because of the crowds in TV. With the build out, will it be too crowded? Is the extra 30-40% you pay for a TV home worth it? Some people will tell yes others wil tell you no. I still think we are going to buy in TV but we are trying not to let our emotions make the decision.

I have been here since 2001 and I disagree with everything you have said.

[jgbama]

Originally Posted by glgene

I have seen 'heat maps' that show states in the USA that are faced with distressed housing prices (including some metro cities in FL). Is TV the only spot in FL that is exempt from this condition?

I understand the law of supply and demand, and it must simply be the huge demand for TV that keeps it a robust housing market.

The other factor in TV's favor, I presume, is because many (most?) people aren't saddled with a mortgage, which greatly helps TV in its very low foreclosure factor. Cities with an undesirable unemployment situation are certainly more prone to have distressed housing prices (and foreclosures).

Am I missing anything?

Three cheers for TV!

Gene (& Kathy)
TV gonnabe's

I've noticed a number of posts getting a little off topic of your thread (happens all the time), but as you stated the depressed markets everywhere are a real concern, expecially for us gonnabe's.

We, closed in March, on our beach place in Panama City Beach, FL for just a little more than what we owed, not what we paid in 2002. But we were happy to unload it so we can start preparing, financially, for TV.

We will probably have a mortgage because we will probably not get what we would like on our home here. I'm not opposed to a mortgage, but do want one as low as we can get so we will have the funds for other things (i.e. trips, cruises, DisneyWorld, etc.).

I agree with some of the posts about why have a mortgage just to have a tax deduction. But, we certainly don't want to drain everything to avoid a mortgage.

Good luck on your quest to become frogs!!