Skip, what's the average Bond cost and are most paid off when mortgage is? Also are Solar panels allowed to reduce electricity a/c costs? Tks
@TheVillagesSkipSmith
6 жыл бұрын
Aurora Nite Bond average is 20k on a brand new home...you can pay it off anytime...Solar panels are acceptable with ARC approval...
@auroranite
6 жыл бұрын
Tks for info Skip, enjoy your show.
@quiltme10
7 жыл бұрын
Thank you for the GREAT information AGAIN!!
@robertwinchester1057
4 жыл бұрын
For the life of me I don’t understand the negative comments here “I would never live there....”, etc. This video was about what it costs to live there and I very much appreciate Skip’s informative videos - especially this one. Who cares what your opinion is of living like this? Thank you Skip.
@TheVillagesSkipSmith
3 жыл бұрын
My thoughts exactly
@jaywinger8131
4 жыл бұрын
Mr. Smith, no sure if still monitor this. I retired from Army after 23 yrs but have few yrs left before 55. I see you speak of the$150 for I guess like hoa. That includes recreational areas, pools, etc. does that include the golf and if so which courses. That include your golf cart trail fee. Is there any other expenses association with golf other then handicap fee etc just any bigger ticket items or fees each time play, thanks Jay
@archangele1
5 жыл бұрын
One thing to understand about Florida is that there is no state income tax, so government has to make up that money some how. Just remember nothing is free in this world. I do live in Florida, but years ago I learned to never EVER buy a home that has additional crap like bonds and home owner's associations. If I want a bloody pool, I'll have my own put it. Most counties have trash pickup and such incorporated into your property taxes. As for property taxes, do some research. A good example is the massive difference in the millage rates when comparing Columbia county with Alachua county. There are places in Florida where the cost of living is very low just as there are areas where you would be living from hand to mouth with a six figure income. Myself, if I wanted to live like Patrick McGoohan in "The Prisoner", I'd move to The Villages. But, I could not stand living like that. So I chose to live elsewhere.
@franceselainethurston1606
5 жыл бұрын
I always felt that places like The Villages would be expensive. You could buy a nicer home in Texas for less and be better built with all brick, and cheaper with all the hospitals, doctors, grocery stores, etc. nearby with a nice mall nearby as well. The association provides a pool. Garbage, trash, and recyclables are picked up at a low cost.
@m.t.mclaughlin4117
5 жыл бұрын
Monthly amenities do include the ability to a play championship course, but not for free. Please understand, you can play the executive courses for free if you want to walk, if you pay your trail fees, you can use your cart.
@dogcrazy25
2 жыл бұрын
Nothing is free. The amenity maybe included in the fee but it's not free.
@m.t.mclaughlin4117
2 жыл бұрын
@@dogcrazy25 well, so is everything then right. I am talking about executive golf courses and a trail fee to ride and free to walk.
@snapperkc9317
4 жыл бұрын
Seems ironic that so many posts from people saying they would not live where you are told what you can and can’t do...but they think it’s fine telling you how to live. SMH! Enjoy your retirement, Sir...YOU earned it!
@TheVillagesSkipSmith
3 жыл бұрын
Thanks
@RGC198
7 жыл бұрын
Thanks for the informative video. Does all the US have property tax? This is something that we don't have here in Australia. Our tax is worked on our income, bank interest and with everything we buy there is an extra tax included called GST. All other bills here are similar like electricity, gas, water (though we don't divide water into pure and recycled). To save on water bills, many people have water tanks installed to catch rain water for the garden. Oops!! I would be in trouble there with my specialised TV antennas here, which are used for long distance TV (TV DX). House prices in Melbourne and Sydney these days average around $1,000,000 plus. Very hard for new home buyers these days.
@TheVillagesSkipSmith
7 жыл бұрын
RGC198 Every state I've lived in has had a property tax...
@RGC198
7 жыл бұрын
We pay council land rates here which covers garbage collection, maintenance for streets, parks and gardens and it is based on the land value as to the amount of land rates paid. We currently pay about $2000 a year for that, which is similar to your property tax.
@lindaelane
5 жыл бұрын
There is normally no stamp tax in the US. However, the Villages have "the Bond" which is not a stamp tax, but is a large fee assigned when you buy the property, like a stamp tax.
@ursulasmith6402
3 жыл бұрын
Crazy, who got that kind of money? 😡
@tessjones5987
3 жыл бұрын
In California we have a bond on retro-fit and newer communities. It is called Mello-roos.
@tod3msn
3 жыл бұрын
The Villages are selling a fantasy where you can live with warm weather, play tennis, golf, swim, eat, drink and be among your own age group. The fantasy really works for healthy people in the 60’s and into their 70’s but as you get into the mid 70’s issues start appearing and Father Time howls like a banshee at your doors. Then the decline and The Villages are just another place to wind down life. I think there is an argument to work as long as you can because being mentally challenged keeps aging at bay but to each his own,
@TheVillagesSkipSmith
3 жыл бұрын
Thanks 4 your comment
@kpb9849
4 жыл бұрын
Hi skip, so I retired in ca. On 5 acre and a 3500 square foot home with a extra 3 car garage. The lake is are back yard. Are how is $ 100 a month & taxes are 1800. A year. How does that compare with were you are?
@TheVillagesSkipSmith
3 жыл бұрын
I think you know the answer
@kristinebailey2804
3 жыл бұрын
I have lived in 5 states, Florida by far was the worst. I have 3 cousins that moved there and got out in less than 5 years too. Insects, humidity, juvenile crime, high food prices, especially meat. Bad schools, low paying jobs, everyone is from "somewhere else" and feels no sense of belonging nor obligation to community. The KKK was marching in full bed sheet regalia at the mall in Altamont Springs....... horrible state.
@miafish9010
5 жыл бұрын
Great great video. Thanks. But in essence aren’t you paying for the amenities with that hefty BOND bill?
@SkipandSueRVThing
5 жыл бұрын
No...The bond has nothing to do with the amenities.
@cindyg6407
4 жыл бұрын
Another great video. Thank you
@TheVillagesSkipSmith
3 жыл бұрын
Glad you enjoyed it
@parksgroup1948
4 жыл бұрын
I have question about property taxes, do you get a discount at the age of 65? there’s a name for it but I forgot. We get this discount in Kentucky. Thanks
@TheVillagesSkipSmith
3 жыл бұрын
There are all kinds of discounts, disability, military, not sure about age discounts...
@grandpa6650
5 жыл бұрын
These pop up communities are designed to take at least 4,500.00 dollars of your pensions. For that kind of money you can live quite confortable in the USA. 🙏🤙🤙💥💥💥🇵🇷
@garyschickatamericanportfo1515
6 жыл бұрын
Thanks for an informative video regarding expenses here in The Villages. I'm sure it'll help future Villagers.
@jgreen3602
4 жыл бұрын
I have an indoor/outdoor cat that i plan to put an invisible fence around my property border to keep from him bothering neighbors. Anyone know if this would be a problem?
@TheVillagesSkipSmith
4 жыл бұрын
Invisible fencing is fine, but we do have preditors here that would make a lunch out of your cat. Bears, bobcat, snakes, coyote, panther, Eagle, and migrating animals. Keep a close eye on your pet... Read your district rules ..
@jgreen3602
4 жыл бұрын
@@TheVillagesSkipSmith do some districts not allow outside pets?
@jgreen3602
4 жыл бұрын
@@TheVillagesSkipSmith Are all of these critters even in the densely populated areas where the homes back up to another home?
@TheVillagesSkipSmith
4 жыл бұрын
@@jgreen3602 Not as much but the more we develop all the open areas they have no where to go … Most of these wild animals are spotted at night … The snake to be aware of here that could be a concern is a rattle snake.. I have seen one and it was in a wooded area but they are here.. If the district you are considering allows invisible fencing remember it keeps your animal in but does nothing to keep others out. My district does not allow outside pets without being on a leash ! District 10
@jgreen3602
4 жыл бұрын
@@TheVillagesSkipSmith thanks for the info
@ursulasmith6402
3 жыл бұрын
I sure cannot afford this, what bothers me is that I would have homerepair. For example , if you are the builder, you should cover the repairs. You built it!
@TheVillagesSkipSmith
3 жыл бұрын
New Homes have a 10 year home warranty on structure for the original buyer, Then you have Sub-Contractors and there involvement in this, Appliances has there own warranty, the lawn ( grass, drainage areas are warranted 30 days ) So as a new home buyer that's the first thing to look at and report anything wrong immediately ..
@bobleitz6573
5 жыл бұрын
Did you buy a motor home to get out of the summer heat ?
@mtobias2567
3 жыл бұрын
Skip, I appreciate your effort in helping keep people interested in The Villages informed. Since this episode includes expenses, it would be helpful if you could update this video for 2021.
@TheVillagesSkipSmith
3 жыл бұрын
Thanks for the tips!
@boblang9782
6 жыл бұрын
Thank you Skip, this information is exactly what I have been looking for. My wife and came down a couple months ago to visit the Villages and loved it. The villages is definitely on our list for a place to retire. Please keep posting. How cane I get your e-mail address, to ask other questions?
@TheVillagesSkipSmith
6 жыл бұрын
Bob Lang My email is posted on several of my videos... Thanks for watching Skip
@TheVillagesSkipSmith
6 жыл бұрын
floydsmith23@yahoo.com or put your questions in the comments section of the video and they automatically come to me, plus many of my viewers may have the answer for you,,,
@kellyyork3898
5 жыл бұрын
Can your grandkids play on the golf courses and st the pool when they come to visit?
@TheVillagesSkipSmith
5 жыл бұрын
Sure they can... Pools are separated... Sports pools are for residents only... Neighborhood pools are for 30 years old and older, family pools is where you would take younger kids. All need a guest pass...
@r.robertson9325
6 жыл бұрын
The water bill also includes the amenity fee and garbage pick up charges... for a grand total of about $250 a month.
@lonesomerhoades3095
5 жыл бұрын
1) What is the average age of residents? 2) What are these bonds I'm always hearing about -- What are they paying for? (seems like double-taxation supporting the developer)3) Does Florida offer property tex freezes or discounts for seniors?Thanks!
@David-rx2to
5 жыл бұрын
1) 66 2) bonds are to pay off the cost of the infrastructure, (roads, sewers, utilities,...) to develop a neighborhood. If it costs $1,000,000 to develop a neighborhood and get it ready to build homes on, and they build 100 homes there, the bond is $10,000 per home. The bond is separate from your mortgage and you make a payment once a year like a property tax. Each year when the bond payment becomes due, you have the opportunity to pay off the bond, if you wish. I paid mine off after about 3-4 years. Bond prices have risen dramatically over the years. Our bond 19 years ago was a little over $6k...I've heard some bonds are around $30k or more now.
@lonesomerhoades3095
5 жыл бұрын
So homeowners subsidize the developers. Between the property taxes, HOA dues, and bonds, homeowners are getting triple-hammered. No thank you!
@David-rx2to
5 жыл бұрын
I would imagine this is no different than any other development but, The Villages chooses to break out the bond payment separate from the home cost. The cost involved to develop a neighborhood is not ignored no matter where you buy, no developer ever has built up a neighborhood for free...other places/developers just roll the infrastructure into the home price, so it's six of one, half dozen of another...bottom line...the same thing. You're complaining about property taxes? Tell me where there isn't any and I'll consider moving there. HOA fees? The $145 or so we pay each month is a screaming deal considering what you get. I know some people that pay 3-4 times that much (near Tampa) and they don't have 5% of the amenities we have here.
@lynn.d1015
5 жыл бұрын
The bond sound like double taxation
@lynn.d1015
5 жыл бұрын
Lonesome Rhoades I agree!!
@joycetaylor8057
4 жыл бұрын
This po girl from Indiana is just going to have to stay home....the $$$$$....WOW...I would just move to Europe
@philetlew8039
5 жыл бұрын
In other words no - low rent people allowed!
@davidbailey121
5 жыл бұрын
Love ya Skip, "I fill my golf cart up once a month whether it needs it or not." Thanks for the great info.
@TheVillagesSkipSmith
5 жыл бұрын
Once a month ...lol...its great ain't it ???
@dcreas
5 жыл бұрын
Our home owners insurance is crazy high. Our home is 35 years old. At first we could only find it for $2,400 a year. We got it down to $1,800. a year now. Foremost is the only insurance for manufactured homes.At this point, we are still looking. Manufactured home cover FL. Lady Lake, Silver Lake , The Villages.
@dcreas
5 жыл бұрын
I have researched the homeowner insurance in my area! Not yours. Each state is different. I lived in Indians. It was low, but started to get high. I know IL is high. Taxes support schools, roads, ect. There are few schools in retirement living communities. I’m sorry for your high homeowners taxes, but $1800 is very high in my neighborhood! Sure move here, it’s a great place,
@cayogator
5 жыл бұрын
If I move there, do I have to wear a "villagers uniform"? shorts, golf shirt, baseball caps, sandals ?????
@bnyob3463
5 жыл бұрын
Yes,you do!😀
@jilllily8177
5 жыл бұрын
Nice job with the video. It is very informative. Can't wait to purchase our home there.
@tonipaulayakoski3231
6 жыл бұрын
Thanks Skip for all the good info. Have been following your videos for some time and have just subscribed. We have just retired and were booked for our lifestyle preview on September 14th but had to postpone due to having to drive through hurricane Florence. We are rebooked for October 4th and would like to contact you for a "meet & greet" after we arrive. Would like to hear your opinion as well as your followers on the choice between a frame & vinyl home verses block & stucco. Taxes, maintenance, etc.
@jeffdunnell508
5 жыл бұрын
Great place to live if you want to pass out your savings for nothing,told what you can do and what you can't,all so you can drive around on a golf cart,ok,no thanks
@LibbyRal
4 жыл бұрын
And Skip is just the guy to tell you what to do, too ____ kzitem.info/news/bejne/zqxmq4Chi3R9maw
@dogcrazy25
2 жыл бұрын
@@LibbyRal if that's how you feel, why watch
@dogcrazy25
2 жыл бұрын
My friends doesn't want 55+ or an hoa but complains that the communities she's looked at look kinda trashy. It's a choice.
@LibbyRal
2 жыл бұрын
@@dogcrazy25 , tell me, dear, how do I feel? Have I said how I feel? Are you clairvoyant? Eagerly awaiting your reply.
@MarioNappa
4 жыл бұрын
If you are going to do a video like this, you should know what things cost. Just look it up and report what you pay rather than "more or less".
@TheVillagesSkipSmith
3 жыл бұрын
Can't do that... Every home is different, from a pre owned to a muti million dollar new home, from lake county to sumter county. There is no good answer..
@rodclark669
5 жыл бұрын
I wouldn't live in this place if they paid me!!!!
@TheVillagesSkipSmith
4 жыл бұрын
who says you have to
@marisaparra1923
5 жыл бұрын
Would 4K/ month be enough to live there ?
@David-rx2to
5 жыл бұрын
Our mortgage is paid off so we don't have that expense and it costs us around $30-32k a year to live here...that is everything...all utilities, taxes, insurance, food...everything.
@Mike-ew9zn
5 жыл бұрын
Great info.! That lifestyle isn’t for me!!!
@kevinjacques5837
7 жыл бұрын
Hi skip thanks for the information, my wife and I went to visit the villages 3 weeks ago. we were very impressed. do you have an email address.
@TheVillagesSkipSmith
7 жыл бұрын
Kevin Jacques floydsmith23@yahoo.com
@jeffhucle6436
3 жыл бұрын
Had to put this guy on 1.25 speed
@mrjlbarrett5556
4 жыл бұрын
I am 68 years old . I came down to see the Villages I loved it I looked 4 homes 278k My god the expense My total Retirement is 6571.00 a month I have a Entegra Cornerstone class A motor home My home in Boss is paid for Tax and bond is crazy Tax I understand 2200 USD But a 2000 dollar bond attachment is simply crazy
@jason-dn3hy
5 жыл бұрын
forgive my ignorance but what is a "bond"?
@TheVillagesSkipSmith
5 жыл бұрын
All infrastructure has to be built first by Florida law, so all streets, street lighting, sidewalks, water, sewer lines etc. Are cost averaged per home in that district. Usually bonds are 20 to 30 years.
@m.t.mclaughlin4117
5 жыл бұрын
Another way TV can extort people. Usually, what they use the bond money for, comes from taxes.
@RGC198
7 жыл бұрын
I wish the set prices for houses was the system here. These days all houses seem to sell by auction.
@TheVillagesSkipSmith
7 жыл бұрын
RGC198 With the baby boomers retiring there is a great demand and homes here sell faster then can be built...
@TheVillagesSkipSmith
7 жыл бұрын
RGC198 That's only on brand new homes...
@timmccullough6881
5 жыл бұрын
Skip Smith I disagree, we bought a house that was ten years old with no problem, all mature landscaping in the neighborhood
@MnMs002
4 жыл бұрын
Just for expenses you're talking about $1300-$1800 a month on average...For that u live in a plastic enviroment full of nothing but old people...I mean being old is okay, but to be around nothing but old people would be rather depressing,it's kinda like a nursing home on steroids...
@TheVillagesSkipSmith
3 жыл бұрын
Sorry to disagree but nothing like you describe...
@sunlite9759
5 жыл бұрын
Bonus! No road rage.
@mikemcghee5413
5 жыл бұрын
what is your point?
@beverlyrutherford1833
5 жыл бұрын
We used to be on ARC in Panama City Beach, Palmetto Trace
@elizabethm1110
5 жыл бұрын
Great job!
@williambush7971
3 жыл бұрын
The happiest day ever was when I sold my house in a HOA controlled neighborhood. I will never, NEVER own a house with a HOA again.
@TheVillagesSkipSmith
3 жыл бұрын
We are not HOA...
@rodneyavery3537
4 жыл бұрын
I know I'm cheap but this is expensive. I built a new house in the woods of Pa for a fraction of this and I own it along with 6 acres. Must have a good pension and retirement to live there.
@garyparker2716
6 жыл бұрын
Some good info but maybe your wife should have done this video if she pays the bills
@carolapostolos8929
6 жыл бұрын
Gary Parker I agree. It would be nice if your wife would do a video since she pays the bills and would have more specific information for those of us who are interested.
@TheVillagesSkipSmith
5 жыл бұрын
We did
@FloridaHicks
5 жыл бұрын
I would live in this place and they certainly wouldn't have to pay me . . . Only if I had to live next door to that guy.
@bobb74ysmith
4 жыл бұрын
Wow that's a lot of mo eye per monthly basis hm ah think I'll keep looking elsewhere sir so thank you for the insight
@TheVillagesSkipSmith
3 жыл бұрын
My pleasure
@printmaster2173
3 жыл бұрын
unless you are already filthy rich or just won the lottery forget about living here lmao.
@TheVillagesSkipSmith
3 жыл бұрын
Thanks 4 your comment
@kckuc310
4 жыл бұрын
Thank you!
@TheVillagesSkipSmith
3 жыл бұрын
You're welcome!
@georgeshotrodbarn2113
5 жыл бұрын
Skip are there lgbtq people living there.
@TheVillagesSkipSmith
5 жыл бұрын
yes
@beverlyrutherford1833
5 жыл бұрын
What is a Bond?
@jeffdunnell508
5 жыл бұрын
Beverly Rutherford it's a fee for your ability to pay taxes for something that is already paid for
@rjon5624
4 жыл бұрын
Kill the background noise!
@TheVillagesSkipSmith
4 жыл бұрын
Your watching an old video
@jimjernigan7874
4 жыл бұрын
When you make a video about the cost of living TAKE 10 minutes and get the exact numbers
@TheVillagesSkipSmith
4 жыл бұрын
there is no exact numbers
@satman714
4 жыл бұрын
I don't want to be where this guy is. It's uneducated people who let HOA's get away with murder.
@mrjlbarrett5556
4 жыл бұрын
I built a home in 2016 . I own 5acrws on top of a hill I have white Nylon fense 259k to build my home in Boss Mo My god I have gas and electric satellite TV high speed internet I pay for a golf membership
@tracyhoward8228
2 жыл бұрын
I Wouldnt live there if my life depended on it
@TheVillagesSkipSmith
2 жыл бұрын
Not for everyone !
@davidandcarolh
6 жыл бұрын
maybe this will help with you bills Skip. the wife and i use NitroTV through here~~~ machtvroku.com/ and our monthly bill is around 20 bucks. also we use it through our Roku. hope this helps in some way and thanks for the video...
Пікірлер: 127