Talk of The Villages Florida - View Single Post - Bond payments from the Developer's Point of view
View Single Post
 
Old 12-02-2023, 08:15 PM
BrianL99 BrianL99 is offline
Sage
Join Date: Dec 2021
Posts: 3,531
Thanks: 296
Thanked 3,437 Times in 1,357 Posts
Default

Quote:
Originally Posted by Topspinmo View Post
It’s money maker, they don’t want you to pay it off.
https://www.**************.com/2020/...-the-villages/ ("Taylor, who later defected to KD Premier Realty, said in training she learned it was “heavily” discouraged to encourage people to pay off the bond.

“I could see a reason for The Villages to not want me telling them that because the interest rate, to the best of my understanding, is paid back to The Villages. Which is the train of thought, looking back on it now, why they would have encouraged us, as sales representatives, to tell people not to pay the bonds off,” she testified in the deposition.")