Quote:
Originally Posted by justjim
(Post 544900)
Some resales are priced higher than market. Some sellers think their home is worth more than it really is and some are looking for a big profit. Most would be Villagers are pretty "sharp" about the home market. However, occasionally not! If you are looking for a "real bargain" such as a "sacrifice sale", hard to find in TV by the average buyer. A resale with a fair market price, however, is out there. Bottom line, it really does depend on your preference and desired location. Good luck.
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We bought two resales, both so-called “sacrifice sales” though we feel we paid perhaps only slightly less than fair market value even after all their dropping of prices prior to our seeing them and then subsequent negotiations. Both couples were going into assisted living, their units were ready for them, and they HAD to sell.
The first was a small Designer with tons of desirable landscaping, screened front porch, blinds and other window treatments on all windows, all appliances, all ceiling fans, a stunning dining room chandelier which had replaced the builder’s fixture, attic stairs and floor, water treatment unit, and on and on. ZERO bond. Golf cart included, contents of garage (every hand and power tool imaginable), some older AND newer furniture, both inside and outside, even a computer. House was listed with TV Realty; we were introduced to the owners by their neighbors who are friends of ours; sellers were able to contact realty office and cancel their contract. (We understand this can no longer be done.)
The second house is a Courtyard Villa (Anna Maria) end unit with stunning outside landscaping giving the villa “curb appeal” not often seen in a villa. Inside were upscale upgrades: high end laminate flooring, top-of-the-line carpeting, all blind and window treatments, all ceiling fans, all appliances included plus garage door screen (which we removed—the only thing we didn’t like). Bond was $5,000, now paid off. Inner courtyard was original other than a few plantings which is EXACTLY what we wanted in order to create our own private vision. We bought this house through an outside realty company with whom we were more than satisfied.
Both homes centrally located; we can go anywhere in our electric golf cart, including all three town centers (when Brownwood opens) and return without fear of running out of power. Both houses built in 2004, AFTER the mandated structural changes, meaning our homeowners’ insurance is very reasonable. We have friends who were intent on new construction, bought a smaller CYV in mid-block with a small yard and paid more than we did AND have a much bigger bond AND had to provide everything from window blinds to ceiling fans to appliances. Yes, of course, to each his or her own—we’ve heard many people in TV say that for what they consider their last home, they want to start from scratch—but we feel we did infinitely better on resales both times. And remember, the prices on new construction are chiseled in stone; an asking price on a resale is not the same as a selling price....
