32162 is the newest/newer South of 466 Villages. I am guessing that there are or have been very few foreclosures prior to this financial debaucle. Most people pay outright for homes here and many others just keep small mortgages. With what is left, you do have a chance for foreclosures and I have known of only one in my three years here.
I have also known of a few cases where the Villages (guess the developer/family) "repossessed" homes and took back ownership when folks were "buying up" and could not sell the prior Village home.
I would not be overly concerned about the amenities since we now have 70,000 homes and will have 110,000 when the entire Villages is constructed. However, I am sure there are provisions for this in that very large book we all got at closing.
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Fran Gyomory
The Bronx, NY; Kailua, HI; Dale City, VA; Fredericksburg, VA; The Villages, FL
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