Trulia Community - Advice from neighbors and local experts

Find Your Community
We couldn't find that location. Please try again.
Get Expert Advice

Home Buying in The Villages : Real Estate Advice

  • All301
  • Local Info13
  • Home Buying132
  • Home Selling12
  • Market Conditions16

Activity 115
Wed Jun 21, 2017
Wmonaghan35 answered:
What does no bond and a bond pay mean
0 votes 7 answers Share Flag
Thu Apr 27, 2017
Inajohnson30 answered:
If coming down to look at the community. Is there an offer where we can stay at a reasonable price and get a tour?
0 votes 7 answers Share Flag
Mon Feb 27, 2017
gary schick answered:
The developer of The Villages paid for the construction of the community, infrastructure and amenities by created and issuing tax free bonds. The bonds are paid by the home buyers and each bond payment is spread out like a mortgage and amortized over 15- 20 years or so and paid each year with real estate taxes as a special assessment. It's a one time charge so once the bond is paid off the obligation is satisfied. When homes are resold in The Villages the bond obligation is transferred to the new owner. It's therefore less expensive to purchase a preowned home with no bond obligation.

Gary Schick
FBC Mortgage,LLC
... more
0 votes 2 answers Share Flag
Tue Dec 13, 2016
Bob Welch asked:
Previously, Trulia showed specific dates and sales price when the property was sold or listed. These are discrete points. I don't understand how a price trend curve or line could be…
0 votes 0 Answers Share Flag
Wed Oct 12, 2016
Sat Jun 4, 2016
Dom_akop answered:
Broker fees are paid by the seller
1 vote 31 answers Share Flag
Thu Jun 2, 2016
Erika answered:
Typically the buyer pays closing costs, but sometimes the seller will pay closing costs, if that's a part of the negotiations. My husband and I had the seller of our home pay all closing costs because we were first time buyers and didn't have a lot of cash on hand. It was the only way we could afford a house of that price at the time. His house had been on the market for a long time and he was motivated to sell, so it worked out for both of us to do it that way. ... more
1 vote 1 answer Share Flag
Thu Apr 28, 2016
Carol Schoening asked:
My house is for sale. I am moving to the Villages as soon as it sells. I am not getting a straight answer about the cost from two of the Sales Reps that I had contacted.
0 votes 0 Answers Share Flag
Wed Mar 23, 2016
jilljadadavid answered:
We have relocated t FL and looking for the right location to retire. We are interested in the villages, both of us are 60+, the problem is we have daughter who is 7 years old. The charter school sound perfect for her, an
d villages for us. Is there some place in the villages that would work for us?
... more
0 votes 12 answers Share Flag
Tue Mar 1, 2016
Dcameron76 asked:
Sun Nov 1, 2015
Diane Christner answered:
It depends. If you are buying a property listed through the MLS as a resale, the seller offers compensation to both listing and selling agent. If you are buying a For Sale By Owner property, the seller may pay your agent's commission or you may have to if the FSBO refuses to do so. And if it is new construction the builder typically offers compensation to your agent BUT ONLY if you take your agent with you on your first visit and your agent registers your name with the builder's rep. ... more
1 vote 1 answer Share Flag
Sat Oct 10, 2015
Moller.1 answered:
We will have a great 3 bed 2 bath house in the villages that will be available Jan 1st. Contact
0 votes 2 answers Share Flag
Sat Aug 22, 2015
Simrek answered:
Here in The Villages, some areas don't even have a Bond. Some areas have only a standard Bond, the portion that you can pay off entirely and some areas have the standard Bond plus a Maintenance Bond which goes on forever and can't be paid off.
The Bonds here are all over the place as far as interest rates and length of time. I had one house that had a bond at 4% interest for 15 years and now my Bond is at 5.5% for 30 years. It depends on the area and the interest rate at the time the home was built. If there is ANY possibility that you will be selling your home within the next ten years, don't pay off the Bond.
If you do pay off your Bond, your asking price will need to be higher to reflect your investment and A LOT of people no nothing about the Bond until it's time to close on the house. No one will mention anything about it, which leaves it like a hidden expense until you close and then it's too late. So buyers are seeing your home as higher in price that another home with the Bond in tact. If you're not going to sell anytime soon, it's just like any loan, the sooner you pay it off the less interest you will pay on it. Your probably going to pay double for the Bond if you let it run for 30 years.
... more
0 votes 7 answers Share Flag
1 2 3 4 5
Search Advice
Home Buying in The Villages Zip Codes