I like the idea of selling in the Spring, probably would travel for the summer then get down to business in the fall. Also renting for a few months would let us get a better feel for the lay of the land. Fisrt life style visit set for the last week of March 2024.
Don’t think everyone selling in the south is because they don’t like the location. I’d say their ROI is high at this point. I’ve seen homes double in price in 2-5 years in the south.
I didn't mean to suggest that everyone is selling because of location. But, prices doubled not just south of 44 but through the entire Villages. Most retirees are not worried about cashing out to take advantage of increased equity. Unless they have a second home, it does not make economic sense to sell because you have to buy something else at a much higher interest rate. Most people sell due to changes in circumstances, usually health realated, and you would think that would mean there would be more resale homes where the older homes/retirees live. With homes selling at 3 times the rate where new retirees are buying, who have less health issues, my opinion is that the DIFFERENCE in that rate would be due to location.
if you choose to do the rent for 2-3 months option, does the Villages give you the ID cards you need to do all the activities ? or are you just an outsider living inside the villages and only have access to shows, restaurants, etc. Thanks
The owner of the home your rent can get you an ID card for your stay. They are $50, sometimes they pay, sometimes they pass the cost of the card on to their renters.
Another helpful video from Dave.
Renting for 2-3 months is a great idea!
I like the idea of selling in the Spring, probably would travel for the summer then get down to business in the fall. Also renting for a few months would let us get a better feel for the lay of the land. Fisrt life style visit set for the last week of March 2024.
I agree with your timing. Email me if you would to meet during your lifestyle visit in March. davemontysales@gmail.com
@thomashenkler4969 we will be there in March as well. 18th - 22nd.
Thank you Dave.
You are welcome
Don’t think everyone selling in the south is because they don’t like the location. I’d say their ROI is high at this point. I’ve seen homes double in price in 2-5 years in the south.
I didn't mean to suggest that everyone is selling because of location. But, prices doubled not just south of 44 but through the entire Villages. Most retirees are not worried about cashing out to take advantage of increased equity. Unless they have a second home, it does not make economic sense to sell because you have to buy something else at a much higher interest rate. Most people sell due to changes in circumstances, usually health realated, and you would think that would mean there would be more resale homes where the older homes/retirees live. With homes selling at 3 times the rate where new retirees are buying, who have less health issues, my opinion is that the DIFFERENCE in that rate would be due to location.
if you choose to do the rent for 2-3 months option, does the Villages give you the ID cards you need to do all the activities ? or are you just an outsider living inside the villages and only have access to shows, restaurants, etc. Thanks
The owner of the home your rent can get you an ID card for your stay. They are $50, sometimes they pay, sometimes they pass the cost of the card on to their renters.