Talk of The Villages Florida

Talk of The Villages Florida (https://www.talkofthevillages.com/forums/)
-   The Villages, Florida, General Discussion (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/)
-   -   Real Estate Market Update - Third Quarter 2022 (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/real-estate-market-update-third-quarter-2022-a-335932/)

Babubhat 10-14-2022 04:43 PM

Richmond area is on fire. Been trying for multiple houses without luck so far

Notsocrates 10-14-2022 10:12 PM

Quote:

Originally Posted by vintageogauge (Post 2146535)
They have always been priced below re-sales at least for the last 5 years and when they get into areas such as DeLuna and Chitty Chatty where there are huge power lines and the Turnpike they are priced considerably lower than resales. If you check their new home open houses in the Daily Sun that are lower in cost you will see that most of them are in the noisy areas of DeLuna. You're not going to see that in villages like Richmond where it's basically a lottery to get an available lot. It's all location.


Don't understand why Richmond is so appealing. It abuts the tpk. Can anyone venture can explanation?

Rainger99 10-15-2022 02:47 AM

Quote:

Originally Posted by Notsocrates (Post 2146926)
Don't understand why Richmond is so appealing. It abuts the tpk. Can anyone venture can explanation?

I would assume that its primary appeal is that it is about 5 minutes from Brownwood and 10 from the stores and restaurants up on 466A. Although it would be nice to hear from people who are buying there.

RICH1 10-15-2022 05:11 AM

The Villages seem very attractive to the folks that were wiped out after Hurricane Ian.. many giving up their dreams and headed our way, to live in The Bubble…all cash buyers are welcome anytime

Timothyimitchell 10-17-2022 03:54 AM

Quote:

Originally Posted by Notsocrates (Post 2146926)
Don't understand why Richmond is so appealing. It abuts the tpk. Can anyone venture can explanation?

It's easy.

1-Very pretty area
2-Close to Brownwood and close enough to other amenities.
3-Lake Okahumpka Rec Center. If you haven't been there go take a look.
4-Turnpike noise is very OVERRATED. (We live in Citrus Grove)

I think The remaining homes will also sell out quickly, even in "these" times.

Challenger 10-17-2022 05:14 AM

Caveat Emptor

a huge amount of the stuff posted in this thread is somewhat misleading or totally wrong.

Altavia 10-17-2022 06:02 AM

Quote:

Originally Posted by KAM+6 (Post 2146744)
Don't forget to add the BOND to the price of the house. New house could be 30 to 40,000. Resale, low or NO bond.

Don't forget the bond has no impact on sales price. It's a deferred tax you can pass on to the next buyer.

Stu from NYC 10-17-2022 07:03 AM

Quote:

Originally Posted by Altavia (Post 2147727)
Don't forget the bond has no impact on sales price. It's a deferred tax you can pass on to the next buyer.

Savvy buyers will calculate the total cost of buying a home.

Aces4 10-17-2022 10:25 AM

Quote:

Originally Posted by Altavia (Post 2147727)
Don't forget the bond has no impact on sales price. It's a deferred tax you can pass on to the next buyer.

In the three times we sold, bond does have an impact.

manaboutown 10-17-2022 10:30 AM

Quote:

Originally Posted by Altavia (Post 2147727)
Don't forget the bond has no impact on sales price. It's a deferred tax you can pass on to the next buyer.

The bond is not a deferred tax. It is the home's share of the cost of the infrastructure for the immediate development sold on the installment plan with nondeductible interest. It is an added cost to the home, not a tax.

Babubhat 10-17-2022 10:31 AM

Plenty of houses in Richmond not affected by noise. Diligent buyers do their homework

charlieo1126@gmail.com 10-17-2022 10:49 AM

Quote:

Originally Posted by Aces4 (Post 2147860)
In the three times we sold, bond does have an impact.

I’ve sold 5 homes I purchased new here and the bond on them was unimportant to me , not sure I even knew what it was to closing.The bond had no impact when I sold the homes you’ll get a couple of people that will try to subtract the bond from sale (you just say no) I got top dollar on all the sales and the longest home was on market was about 3 weeks and with no discount for bond. I know people advertise no bond but they try to jack up the price , the price of home is always what it’s worth bond or no bond

Aces4 10-17-2022 02:20 PM

Quote:

Originally Posted by charlieo1126@gmail.com (Post 2147870)
I’ve sold 5 homes I purchased new here and the bond on them was unimportant to me , not sure I even knew what it was to closing.The bond had no impact when I sold the homes you’ll get a couple of people that will try to subtract the bond from sale (you just say no) I got top dollar on all the sales and the longest home was on market was about 3 weeks and with no discount for bond. I know people advertise no bond but they try to jack up the price , the price of home is always what it’s worth bond or no bond

Sorry you didn’t get top dollar plus your bond payoff. Our longest sale time was two weeks for one, the other two sold first day. Top dollar plus the amount of bond paid off on two and the total paid bond on the other. It sounds like you move a lot as we do.

charlieo1126@gmail.com 10-17-2022 08:59 PM

I don’t know what your talking about with the bond , could you explain that , the seller took over the bond and one persons top dollar may not be someone else’s top dollar and 2 of the houses because of a tip were close outs , not discounts ,I had to be there at the start of the business day to buy them , so I did very well on them and after selling 14 homes and condos I tip my hat to you because I don’t know anyone that sold on first day , you must have obviously talked to someone before the first day and if it was a listing it took a while to go up , I count the days from when the selling process starts till I get a deposit and written contract

Aces4 10-17-2022 10:55 PM

Quote:

Originally Posted by charlieo1126@gmail.com (Post 2148044)
I don’t know what your talking about with the bond , could you explain that , the seller took over the bond and one persons top dollar may not be someone else’s top dollar and 2 of the houses because of a tip were close outs , not discounts ,I had to be there at the start of the business day to buy them , so I did very well on them and after selling 14 homes and condos I tip my hat to you because I don’t know anyone that sold on first day , you must have obviously talked to someone before the first day and if it was a listing it took a while to go up , I count the days from when the selling process starts till I get a deposit and written contract

Well, you know someone now. We sold it ourselves, first day of the ad and had three offers within an hour at the open house that day which we closed down early. The other house was shown the first day of the ad and we received an offer that day. Smooth closings and great sales results. :wave:


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