Real Estate Market Update - Third Quarter 2022 Real Estate Market Update - Third Quarter 2022 - Page 3 - Talk of The Villages Florida

Real Estate Market Update - Third Quarter 2022

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  #31  
Old 10-14-2022, 04:43 PM
Babubhat Babubhat is offline
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Richmond area is on fire. Been trying for multiple houses without luck so far
  #32  
Old 10-14-2022, 10:12 PM
Notsocrates Notsocrates is offline
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Originally Posted by vintageogauge View Post
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?
  #33  
Old 10-15-2022, 02:47 AM
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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.
  #34  
Old 10-15-2022, 05:11 AM
RICH1 RICH1 is offline
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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

Last edited by RICH1; 10-15-2022 at 05:12 AM. Reason: Fact check
  #35  
Old 10-17-2022, 03:54 AM
Timothyimitchell Timothyimitchell is offline
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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.
  #36  
Old 10-17-2022, 05:14 AM
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Caveat Emptor

a huge amount of the stuff posted in this thread is somewhat misleading or totally wrong.
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  #37  
Old 10-17-2022, 06:02 AM
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Originally Posted by KAM+6 View Post
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.
  #38  
Old 10-17-2022, 07:03 AM
Stu from NYC Stu from NYC is offline
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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.
  #39  
Old 10-17-2022, 10:25 AM
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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.
  #40  
Old 10-17-2022, 10:30 AM
manaboutown manaboutown is online now
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Originally Posted by Altavia View Post
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.
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  #41  
Old 10-17-2022, 10:31 AM
Babubhat Babubhat is offline
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Plenty of houses in Richmond not affected by noise. Diligent buyers do their homework
  #42  
Old 10-17-2022, 10:49 AM
charlieo1126@gmail.com charlieo1126@gmail.com is offline
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Originally Posted by Aces4 View Post
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
  #43  
Old 10-17-2022, 02:20 PM
Aces4 Aces4 is offline
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Originally Posted by charlieo1126@gmail.com View Post
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.
  #44  
Old 10-17-2022, 08:59 PM
charlieo1126@gmail.com charlieo1126@gmail.com is offline
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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

Last edited by charlieo1126@gmail.com; 10-17-2022 at 09:23 PM.
  #45  
Old 10-17-2022, 10:55 PM
Aces4 Aces4 is offline
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Quote:
Originally Posted by charlieo1126@gmail.com View Post
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.
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