BrianL99 |
06-23-2025 09:46 AM |
Quote:
Originally Posted by rsmurano
(Post 2440688)
There are many upgrades to your house that you will get back over 100% of what you paid for them.
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Most would dispute that contention. The only "upgrades" you're likely to get 100% return on, are upgrades that enhance curb appeal. Access Denied
Quote:
Originally Posted by Ptmcbriz
(Post 2440695)
Last time I looked the average increase was around 8% per year.
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Inflation adjusted, more like 2%-3%. Understanding Home Appreciation & The Effects of Inflation
Quote:
Originally Posted by Byte1
(Post 2440869)
Actually, prices are dropping all over Florida and some are saying that they will never rebound to the high prices they were a year ago.
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Can you provide a cite to that source?
Quote:
Originally Posted by Coop63
(Post 2440881)
Given that most homes are cash transactions, they don’t go through the normal appraisal process required by mortgage lenders.
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Less than 50% of sales in The Villages, are cash transactions. The vast majority involve a mortgage. https://www.youtube.com/watch?v=bdwbIr4vzbk
Quote:
Originally Posted by MikeVillages
(Post 2440897)
MLS has recently changed the rules. Now the buyer pays for their realtor fees. However, there is often an agreement that the buyer is compensated by the saler for the buyer's realtor fees, Your case may be different and it depends a lot on the market. Often the buyer will not be shown the home unless there is this agreement. You can google and/or talk to a good realtor about this.
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MLS didn't "change the rules". MLS is not a party to consent agreement with the National Association of Realtors. The ONLY "change in the rules", is NAR can't advertise commissions on MLS services. You can learn all about it, here: NAR Settlement FAQs
Quote:
Originally Posted by jrref
(Post 2440917)
Also remember, eventhough it's a buyers market here in the Villages, if you have a home thats different meaning, having a View lot, more than 3 bedrooms or extra bathrooms, larger garage, etc, since there are not a lot of homes with 3+ bedrooms and or bathrooms or 3+ car garage, a View lot, your home will always be worth a lot more and will sell faster. This is fact.
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Well of course they're likely to be "worth more" ... people paid more for them.
I"m curious about your "this is fact", though. Do you have any evidence that 3+ bedroom homes, with 3+ garages, sell faster? Call me crazy, but I'm not sure 3+ bedrooms, with 3+ bathrooms & 3+ garages, are in high demand in a retirement market. If they were. The Villages would be building more of them.
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