Quote:
Originally Posted by Hape2Bhr
If TV builds and then sells houses at market value, how would they make any money? The house itself needs to be built/constructed for less than market value.
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I was referring to the amount of insurance needed to make you whole. If you receive less than market value from the insurance policy, you will lose money. I would want to receive enough money to buy another house. I wouldn't want to wait 6 months to a year for a new house to be built on the same lot. And who will pay for your housing expenses while the new house is being built? Also, I don't think you can rebuild a house for less than market value because your construction cost will be way higher than The Villages' construction cost.