Would the 38K bond on new homes be a deal breaker? Would the 38K bond on new homes be a deal breaker? - Page 11 - Talk of The Villages Florida

Would the 38K bond on new homes be a deal breaker?

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  #151  
Old 05-15-2020, 07:39 AM
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My wife and I have been renting in TV for several months each year for past few years. We are getting ready to retire, downsize, and by a smaller home. Most of the homes we look at are basic builder grade, have cheap cabinets and countertops, have too much deferred maintenance, and are too overpriced. We don't want to spend another $120,000 to bring it up to a level found in houses outside TV. When you add in the taxes and bond it is not an affordable lifestyle we want in retirement. Plus the all the Villa Villages remind us an overpriced mobile home park. Just our observations.
It’s not for you... you don’t value what is available in the community . That is okay, lots of people want something different but lots love it too.
  #152  
Old 05-15-2020, 07:53 AM
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A realtor showed us a place on a swamp and called it premium waterfront... we laughed.
Shouldn't laugh, they are worth every penny look at resales
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  #153  
Old 05-15-2020, 09:37 AM
VApeople VApeople is offline
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A realtor showed us a place on a swamp and called it premium waterfront... we laughed.
I'm guessing it was one of the first two houses on the left as you drive into Chitty Chatty. We looked at the house as it was being built and it reminded me of the movie 'Swamp Thing'.

The first house on the swamp is an Aspen for the bargain price of $493K. Go for it. Who knows, you might find Adrienne Barbeau sleeping on your lanai one morning.

Last edited by VApeople; 05-15-2020 at 09:42 AM.
  #154  
Old 05-15-2020, 09:54 AM
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yep, in two years worth about $700K

Just be clear, you need to google a definition of a Swamp Vs Wetlands
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  #155  
Old 05-15-2020, 10:11 AM
vintageogauge vintageogauge is offline
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Originally Posted by Mzjaz View Post
My wife and I have been renting in TV for several months each year for past few years. We are getting ready to retire, downsize, and by a smaller home. Most of the homes we look at are basic builder grade, have cheap cabinets and countertops, have too much deferred maintenance, and are too overpriced. We don't want to spend another $120,000 to bring it up to a level found in houses outside TV. When you add in the taxes and bond it is not an affordable lifestyle we want in retirement. Plus the all the Villa Villages remind us an overpriced mobile home park. Just our observations.
For the last few years you have been here using and enjoying the amenities but now you are critical of the homes that are available. Surely there is something here that is equal to the level you found outside of TV. It sounds more like you are not able to find what you want in your price range and can't afford to buy what you really are looking for. Stating that the Villa's remind you of an overpriced mobile home park is a slap in the face to the tens of thousands of individuals who bought what was in their price range and are totally enjoying The Villages life. I don't think you will be happy owning a home in TV so you are probably better off continuing to be just a renter or buy one of the higher level homes outside of TV with lesser amenities.
  #156  
Old 05-15-2020, 10:19 AM
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Probably time to quit renting too......
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  #157  
Old 05-15-2020, 12:09 PM
VApeople VApeople is offline
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Just be clear, you need to google a definition of a Swamp Vs Wetlands :
I have never understood the difference between a swamp and a wetland.

To help me, how about you visit the house I mentioned and tell us if it backs up to a swamp or a wetland.

If you don't make it back, we will assume the Swamp Thing has grabbed you, and that will answer our question.
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Old 05-15-2020, 12:09 PM
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A realtor showed us a place on a swamp and called it premium waterfront... we laughed.
Were you dissatisfied with the lack of white caps?
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Old 05-15-2020, 03:06 PM
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Our bond was $13,000, 8 years ago but still. $38K is quite high, but just price it into your overall price budget and see if it's a fit for you.
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Old 05-15-2020, 05:07 PM
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I'm guessing it was one of the first two houses on the left as you drive into Chitty Chatty. We looked at the house as it was being built and it reminded me of the movie 'Swamp Thing'.

The first house on the swamp is an Aspen for the bargain price of $493K. Go for it. Who knows, you might find Adrienne Barbeau sleeping on your lanai one morning.
Do you know if Chitty Chatty has good views of the high voltage power lines?
  #161  
Old 05-15-2020, 05:44 PM
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Originally Posted by KEVIN & JOSIE View Post
Bonds have escalated to 38K on new homes. Would this be a deal breaker ?



No.


It's the same as, if the price of houses increased $10,000 or $20,000 or $30,000 , "would this be a deal breaker?" No, just buy less house if you can't afford it.



For the last ~10 years, some homes have had bonds over $40,000 and they sold.


Supply & Demand baby, Supply & Demand.
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