Once the build out is complete will house prices fall? Once the build out is complete will house prices fall? - Page 4 - Talk of The Villages Florida

Once the build out is complete will house prices fall?

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  #46  
Old 06-05-2013, 07:20 PM
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Originally Posted by t-325 View Post
...will be the best sales point for the villages. Many communities like sun city (where my parents have a place) is mainly a snow bird community and so there is less attention paid to the amenities.

As the baby boomers retire many will not want to own two places and so a year round >55 community would have a big draw. Also the sheer size will help keep the amenities on track, however after the build out occurs, i could easily see the fees double. While the $125 fee is limited to inflation, if i remember correctly, new fees would likely spring up.

As i will be relocating from boston, tv is a huge bargain and it will be a pleasure to join you!

In

t-325

$125?
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  #47  
Old 06-05-2013, 07:33 PM
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lol I was refering to the $145 monthly amenities fee
  #48  
Old 06-05-2013, 10:35 PM
ilovetv ilovetv is offline
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Originally Posted by Polar Bear View Post
I'm still new to all this, but my understanding is that, after buildout and the developers are basically out of the picture (if that happens), the CDD will still be there, taking in the amenities fees, and maintaining things. Is that not true...at least theoretically?
Yes, of course. All the Capital Improvement Plans and budgets/funding source plans are posted at:

Village Community Development Districts

There are also capital improvements budgeted in the regular annual budgets posted here:

VCDD Budget
  #49  
Old 06-06-2013, 04:58 AM
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I grew up poor, worked hard all my life, and although I love our kids, gradkids and family, I hope my final check to the funeral home bounces because I am broke.
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  #50  
Old 06-06-2013, 05:52 AM
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I grew up poor, worked hard all my life, and although I love our kids, gradkids and family, I hope my final check to the funeral home bounces because I am broke.
You are a good man Chris and as always have a reasonable approach to life.

We all get a chance to get our part of the American dream. We have to think of our Helene, but the rest of our group has the power and the fun of taking good care of themselves. We didn't get any financial help and we are able to do o.k. We adore our family too.

Our goal is to not be a financial burden to those who love us.

This is all a matter of personal values and philosophy of life and everyone's views are different, neither right or wrong.
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  #51  
Old 06-06-2013, 05:55 AM
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Quote:
Originally Posted by Polar Bear View Post
I'm still new to all this, but my understanding is that, after buildout and the developers are basically out of the picture (if that happens), the CDD will still be there, taking in the amenities fees, and maintaining things. Is that not true...at least theoretically?
IMHO, your statement is valid.

By statute, a CDD is eligible to be turned over to the property owners
after 10 years.

We can only hope the property owners have the necessary skill sets
required to negotiate a seamless transfer.
  #52  
Old 06-06-2013, 06:00 AM
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Originally Posted by mrfixit View Post
IMHO, your statement is valid.

By statute, a CDD is eligible to be turned over to the property owners
after 10 years.

We can only hope the property owners have the necessary skill sets
required to negotiate a seamless transfer.
If that happens........... They will begin to make IMPROVEMENTS and then the bills will come in.

I hope I move to the village of Heavenly before that happens.

We will have lush courses and indoor pools and a performing arts center and maybe even maid service and valet parking and we will have free housing for the folks who say they need it. There will be free medical care and oh dear....

Boy Howdy. Where's my coffee?

This fiscal conservative is getting the shakes.
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  #53  
Old 06-06-2013, 11:19 AM
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Quote:
Originally Posted by graciegirl View Post
You are a good man Chris and as always have a reasonable approach to life.

We all get a chance to get our part of the American dream. We have to think of our Helene, but the rest of our group has the power and the fun of taking good care of themselves. We didn't get any financial help and we are able to do o.k. We adore our family too.

Our goal is to not be a financial burden to those who love us.

This is all a matter of personal values and philosophy of life and everyone's views are different, neither right or wrong.
A great philosophy and approach to life Gracie. Our goal too is not to be a burden to those who love us. We grew up poor but didn't know we were poor. My Dad was a coal miner and construction worker all his life. We never had much but there was always food on the table. We all had "chores" to do and made our own spending money. In those days, it was well known that when you turned 18 it was time to leave the nest. We did. By the time we left the nest, we already had a work ethic. It really doesn't matter much if house prices go up or down, hopefully, some of that work ethic was passed on to our generation of kids. We tried.
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