Quote:
Originally Posted by ChattanoogaTn
A "whisker" away from buying in The Villages and then someone tells me to beware of IRS troubles with The Villages concerning Bonds or whatever.
Can someone please straighten me out on this so that my "paranoia" will be at rest and I can then know the truth of the matter.
Banks charge us double, triple and charge sky high Interest rates and then get in trouble and "WE" gotta bail them out. How is it the honest people always gotta pay for other people's mistakes ??  |
You need to change banks. Mine doesn't charge me double, much less triple for anything. The interest rate on my mortgage is a bit higher than today's rates, but it is certainly a fair one.
As to knowing "the truth of the matter" regarding the tax issues, their is no truth of the matter. It's like the old baseball story of umpire Bill Klem. He once waited a long time to call a particular pitch. "Well, is it a ball or strike," the player asked impatiently. To which Klem replied, "Sonny, it ain't nothing 'til I call it" Well in this case, there ain't no truth until the various legal hurdles on both sides have been completed.
As to it's impact on owners, I tend to agree with Swrinfla, who often shows flashes of pure brilliance -- it's her background -- this is a non-issue.
`