Quote:
Originally Posted by iaudit
Are you saying that other communities in Florida used Central Districts to purchase recreational facilities at inflated prices with tax-free bonds? I believe that the Villages is unique in the way that the CDD's were structured and administered.
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Iaudit, that is a succinct summary of the contention. We were aware of the issue when we purchased our home in TV. It's fair enough for others to be aware before they purchase. It makes sense to weigh the risks and benefits. To us, the benefits are incomparable. TV is where we want to spend the rest of our lives when we retire.
I asked both our TV and MLS agents about issue, read up on it and made a decision. (Both agents acknowledged the issue and basically said they didn't know more than we did).
Once we made a decision, that was it. I don't dwell on the issue because I don't care to worrying about things that might not ever happen and over which I have no control. For me it was: consider the risks and benefits, make a decision, enjoy life in TV all it has to offer.