Villages - general question

Villages - general question

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Villages - general question
  #1  
Old 08-07-2019, 11:16 AM
jlstree jlstree is offline
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Smile Villages - general question

Is The Villages still a 55 and older development? We are wanting to move there.
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  #2  
Old 08-07-2019, 11:35 AM
Bogie Shooter Bogie Shooter is offline
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Quote:
Originally Posted by jlstree View Post
Is The Villages still a 55 and older development? We are wanting to move there.
Yes!
More info here.

FAQ | The Villages
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  #3  
Old 08-07-2019, 01:02 PM
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billethkid billethkid is offline
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Has anybody ever been turned down from purchasing a house because of age?

We have friends who recently bought in TV. They are both under 55. The question never came up.

My bet is if one is ready to write a check TV isn't going to see if the 55+ ratio has been met for the day/week/year(?).
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  #4  
Old 08-07-2019, 01:04 PM
Jazuela Jazuela is offline
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Quote:
Originally Posted by billethkid View Post
Has anybody ever been turned down from purchasing a house because of age?

We have friends who recently bought in TV. They are both under 55. The question never came up.

My bet is if one is ready to write a check TV isn't going to see if the 55+ ratio has been met for the day/week/year(?).
You don't have to be 55+ to buy a house. You only have to be 19 or older. But if you want to LIVE in the house, at least one person living in that house has to be 55 or older.

In other words, young adults can buy homes in their own name, and have their grandparents live there - for example.
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  #5  
Old 08-07-2019, 01:23 PM
birdiebill birdiebill is offline
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Quote:
Originally Posted by Jazuela View Post
You don't have to be 55+ to buy a house. You only have to be 19 or older. But if you want to LIVE in the house, at least one person living in that house has to be 55 or older.

In other words, young adults can buy homes in their own name, and have their grandparents live there - for example.
To be considered a 55+ retirement community, at least 80% of the homes have to be owned/occupied by at least one person 55 years old or older. Up to 20% can be owned/occupied by individuals who are not yet 55; but a person must be 19 or older to live here full time. I believe there are two villages here that are "family villages, but I do not know for sure.

I have not seen statistics that show the percentage of homes presently occupied by 55+.
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  #6  
Old 08-07-2019, 01:25 PM
biker1 biker1 is offline
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This is not correct. Read the Deed Restrictions.

Quote:
Originally Posted by Jazuela View Post
You don't have to be 55+ to buy a house. You only have to be 19 or older. But if you want to LIVE in the house, at least one person living in that house has to be 55 or older.

In other words, young adults can buy homes in their own name, and have their grandparents live there - for example.
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  #7  
Old 08-07-2019, 01:39 PM
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Barefoot Barefoot is offline
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Quote:
Originally Posted by birdiebill View Post
To be considered a 55+ retirement community, at least 80% of the homes have to be owned/occupied by at least one person 55 years old or older. Up to 20% can be owned/occupied by individuals who are not yet 55; but a person must be 19 or older to live here full time.
IMHO, there is a lot of wrong information out there.
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  #8  
Old 08-07-2019, 01:52 PM
Marathon Man Marathon Man is offline
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There is indeed a lot of incorrect information out there on this subject. And for some reason, it refuses to die.
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  #9  
Old 08-07-2019, 01:56 PM
capecoralbill capecoralbill is offline
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I have never ever heard of it being enforced . Sinkholes are the bigger problem. The developer has abandoned the Northern areas of the Villages. Specificaly the condemned sinkhole homes in District 4, and the DRY LAKES in Districts*2 and 4.*
*I suppose there is no guarantee against SINKHOLES OR DRY LAKES in the newer Villages either! Google the following for examples:
"sinkhole at 733 Winifred Way" and*"sinkhole at 17092 McLawren Terrace"*and "sinkhole at 2536 Botello Ave", there are more, but you get the idea, watch out for those waterfront views.
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  #10  
Old 08-07-2019, 02:14 PM
dnobles dnobles is offline
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One person does not have to be 55 to live in the house. There is an 80 20 rule. No one under 19 can live in The Villages unless they live in the “family” areas
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