Talk of The Villages Florida - View Single Post - How on earth haven't home prices crashed in the Villages.
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Old 09-29-2022, 10:28 AM
Albany Albany is offline
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Default profit back to developer

Quote:
Originally Posted by Kenswing View Post
Was it a new house and did you sell it within the first year of ownership? It states in our sales documents that if we were to sell within the first year all profits above selling and upgrade costs go to the Developer. It's to discourage flippers.
No, 3 years. And yes it was a new house.