Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
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Last edited by John_W; 04-01-2021 at 03:21 PM. |
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#47
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#48
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Last edited by John_W; 04-01-2021 at 03:09 PM. |
#49
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I'm seriously considering a move to TV from Tennessee in approximately 3 years. I'm impressed with the available activities, the weather, and especially with the low crime rate of TV. All of the responses are awesome; I thank everyone who responded because I had the same questions. I do have a few more questions that you may be able to answer...
I read there is a penalty for paying off a mortgage in under 2 years. Is this a set amount or a percent of the financed amount? If I pay off the house after 25 months the penalty no longer applies, right? How is the bond determined? Is it a set rate or based on the property sales price? What should I expect the cost will be for a 350K home? The amenity fee... Does this go up annually or is it a fixed price from the date of sale? Am I correct that the amenity fee and lawn management are the only different/additional costs over having property outside of TV? Can I have tomato or other plants in the back yard? Please give me a general idea of the rules for the outside part of the property. I used to live one mile from the coast in NC so I am familiar with hurricanes. In the past have you have had significant damage from hurricanes or are you far enough inland that the winds and flooding usually isn't a major concern there? Anything may happen in three years but after about a year of weighing options TV is ahead of other places. Perhaps I can come down and rent for a week this summer. |
#50
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kathy |
#51
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Other than the items you mentioned, it's so difficult to give a meaningful estimate. So much depends on you and your life style. Do you mow your own lawn ? (many many lots here are very small, no need for riding mower at all). Are you willing to attach a bottle to your hose and spend 20-30 minutes twice a year hosting it down ? Or, would you prefer to use that half hour for a shuffleboard game ? Most homes here are one story on a slab; so, are you willing to wash your own windows ? Only you can decide what you are willing to do. Some will hire people to just sit on the ground and pull weeds from flower gardens once every few weeks, others enjoy this necessary task themselves and "pay" themselves the $15 or so an hour. Only you can determine your expenses past the basics you mentioned. Always check out beforehand what your property taxes will likely be, definitely check out the price of insurance on the property you expect to purchase, and if you are not willing to do any kind of work yourself, begin now calling and getting a realistic look at what it will cost to have your bushes and trees trimming, your lawn mowed, you house washed, your sprinkler system maintained with new filter screens, cleared of roots and grass (it is NOT inexpensive to have all this done for you), and any other routine things you want to pay for. It's the only way you'll really know what to expect.
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