Sept. 2017
My wife and I recently visited On Top Of The World, and all seemed really nice, maybe too nice! We liked most things, and seemed favorable to the idea of moving there, however I thought, since they are STILL BUILDING, everyone's property value wouldn't change much, if at all. As long as new, homes are being built, property values have to go down, UNTIL they stop building, at which time, values could then start moving up. Another concern is that as a resident, you are basically "Captive", meaning if the family that owns, "On Top Of The World", passes away and leave everything to their children, all of the residents could be at the mercy of the new owners, whether the children, or completely new owners. All costs could go up, and all the residents would be up that proverbial creek, without a paddle, so to speak.
My wife and I have decided to NOT buy at On Top Of The World for my examples mentioned, but still like the city of Ocala. We will be looking into purchasing a new or slightly used home, in a regular neighborhood, with regular aged people, and a variety of home styles. An independent home, like we were both raised in, while growing up, and with a property value that will raise, simply because of the city of Ocala itself, which we believe, is a really nice place to live!
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