[LiverpoolWalrus]

Does anyone know if TV still has the program where they buy out manufactured homes and replace them with site built homes?

[JoelJohnson]

A year or so ago, someone from the villages came by and offered $90,000 for my manufactured home, site unseen. That offer was way too low. But, as I understand it now, they are not making any offers.

[Dr Winston O Boogie jr]

They were, but I don't think that that program is still going on. When manufactured homes come up for sale, The Villages might make a low ball offer. They usually buy from the children of the owners who are happy to take an offer and be rid of a headache.

When The Villages first began doing this about six years ago, I would see a manufactured home removed and a new home beginning to be built within a week or so. Now, when a home is removed, it seems that the lot sits empty for months. I can't say for sure but it seems that The Villages buys the home, removes it and waits until they have a buyer for a new home.

[OrangeBlossomBaby]

I've only seen a very few of those homes get purchased and razed since last November, when we moved in. I don't know who is buying them though. Most of them have been replaced with site-built homes, there are still a couple of empty lots awaiting either construction or a new mfg to be rolled in.

[retiredguy123]

I could be wrong, but I don't think anyone can build a new house in The Villages except the developer. Also, I think it would be foolish for anyone, including the children of deceased residents, to sell a house for less than market value. Some of the manufactured houses that are well maintained are worth a lot more than $90,000. I also think that the location in Lady Lake is more desirable than some of the new areas being developed.

[rustyp]

Originally Posted by retiredguy123

I could be wrong, but I don't think anyone can build a new house in The Villages except the developer. Also, I think it would be foolish for anyone, including the children of deceased residents, to sell a house for less than market value. Some of the manufactured houses that are well maintained are worth a lot more than $90,000. I also think that the location in Lady Lake is more desirable than some of the new areas being developed.

You are wrong. Many homes have been and are still being built on the historic side by contractors other than The Villages. Secondly the overwhelming majority of the manufactured homes TV purchased on the historic side were the original single wide's. Given maybe 6 years ago and most of the homes purchased were interior lots not golf or waterfront, $90K was reasonable compensation. If not why would so many sell ?

[charlieo1126@gmail.com]

I knew someone who sold his lot , he felt it was like hitting the lottery, he was able to buy a preowned 1 bedroom, the home he sold was not going to last long and he didn’t have a lot of money

[graciegirl]

Originally Posted by rustyp

You are wrong. Many homes have been and are still being built on the historic side by contractors other than The Villages. Secondly the overwhelming majority of the manufactured homes TV purchased on the historic side were the original single wide's. Given maybe 6 years ago and most of the homes purchased were interior lots not golf or waterfront, $90K was reasonable compensation. If not why would so many sell ?

I am not sure it was six years ago but The Villages did buy some lower priced modular homes, remove them and built reasonably priced site built homes that mostly sold for under 200K. I thought it was a very good thing for everyone.

I would guess it has paused because the economy is affecting all endeavors.

[billethkid]

One still has the option to purchase a manufactured home/site and have a new (approved) site built home constructed.

[Nucky]

The Villages no longer has the $90K program going because they were actually competing against themselves and the New Homes in the New Areas. The attraction of the Historic Section is obvious to many people. The biggest attraction would be not having to pay The Bond. It's a FACT. If you build in the Historic Section there is NO BOND.

The building of new homes has slowed here in the last year or so but it is still possible. I have noticed single wide homes being removed and another company building beautiful 2br 2ba 1 1/2 car garage CYV'S without the wall surrounding. The homes are absolutely beautiful, absolutely expensive, and built at a slower speed by far than the way The Villages builds a home.

From the time the old unit leaves the lot you have 6 months to build your new dream home. Looks like many have slipped in under the wire. People have spoken in the past about the speed of a house being built is to fast and that it affects the quality of the product. I say that's not true. I would pick The Villages way of building any day.

I had a shot at what turned out to be one of the last Villages Program Houses and turned it down. Live and learn.

[retiredguy123]

Originally Posted by rustyp

You are wrong. Many homes have been and are still being built on the historic side by contractors other than The Villages. Secondly the overwhelming majority of the manufactured homes TV purchased on the historic side were the original single wide's. Given maybe 6 years ago and most of the homes purchased were interior lots not golf or waterfront, $90K was reasonable compensation. If not why would so many sell ?

Do you need ARC approval to demolish a house and build a new house?

[davem4616]

Originally Posted by retiredguy123

Do you need ARC approval to demolish a house and build a new house?

you pretty much need ARC approval for anything

[Stu from NYC]

Originally Posted by davem4616

you pretty much need ARC approval for anything

And if you do not get it, you can be in big big trouble

[retiredguy123]

Originally Posted by Stu from NYC

And if you do not get it, you can be in big big trouble

So, I guess if you don't get ARC approval, you would need to tear down the new house and rebuild the old house. That could be expensive.

[Stu from NYC]

Originally Posted by retiredguy123

So, I guess if you don't get ARC approval, you would need to tear down the new house and rebuild the old house. That could be expensive.

That is why it is better to do the i's and cross the t's before going ahead with the shovel.