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Third time might be the winning number
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It’s a great concept for the developer! Unfortunately not for the people who bought for residential living. Why not take the apartment living and build their own apartment village, there’s plenty of land south and The millennials will eventually come!
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The oh so smart answers about renting homes or buying homes has nothing to do with renting at the lofts . The people who are renting at the lofts are not stupid and I have an idea that most could afford to live anywhere in TV . Many people including myself enjoy that style of living and there are others who have some health problems that are not ready for independent living or have lost a spouse and maybe a little lonely . I for one am glad these places have come online, after 5 homes in villages , I’m happy for other options to choose in tv, it’s cheaper then independent living and more fun then a house
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I think they are very pricy but they will go. Look for more of the same coming soon. I am guessing that their monthly income on the property could be as high as $400,000 but I am not certain I got the right number of apartments and rental dollars right. They take the risk, they make the gain. That is why you are not seeing premieres south of 44.
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I've always thought they should build townhouses, or condos, for people who don't want to deal with yard maintenance. If I had a home with a yard, and was old and my husband died, I would want to live in The Villages without the upkeep. That said I would not want to rent, I would want to sell my house and buy a condo and still stay here.
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Affordable ?
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The Lofts are a commercial property. This whole thing of District 9 annexing them smells.
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You have to call the real estate office and request an appointment...shown by appointment only I was told.
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The Lofts
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That said the small one bedroom is $1,640 plus the additional approx. $400 for the amenities, water, sewer, garbage and electric bills. So it is approximately $2,000 total. Normally on a rental you would only pay for the rental of $1,640 and your phone but not here. It is set up like a condo in that respect. Everyone pays their own bill. I am not sure how they would handle repairs (garbage disposal etc.) as they come up in each unit. If you have the money to do it and you don't want the upkeep of a house this may be the perfect option. Not everyone wants a house or can keep up with it as they age. For me, I like my house and will pay people to help me with everything as needed. |
You can get out of the lease if you buy a village house.
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One of the early rumors was that there was a one year maximum rental, non renewable. Anyone know if that is the way it is? Also, could this be the model for the properties planned at Hacienda Hills?
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