BOOMER
You must keep a house one year from the date of purchase . If you sell before the anniversary of the date of purchase , The Villages has the right to buy it back at the purchase price and anything you have done to the house such as LANAI'S , BIRDCAGE'S , SHRUBS, ETC, ETC. are all lost...........
This was done a couple of years ago because of all the speculators buying houses and flipping them ( mostly courtyard villa's) .....
They were buying bare bones and then decorating them inside and out and making a tidy profit...........
They were buying two and three at a time and had a nice business going until the village Realtors started complaining that all the houses were being gobbled up and so THE VILLAGES stepped in and made some changes to stop it ....And (don't quote me on this ) a new rule was introduced that you can only buy one house a year.....I was told this buy a realtor..but it does make sense............
I catch myself rambling on and on like this............
fumar
