Just as an aside, but, the 20% down requirement probably made/makes the Villages a fundamentally stronger community. It sure discouraged speculators during the boom times who were otherwise getting no/low money down loans. I think the 20% was a big contributor to the very low rate of foreclosures/defaults within The Villages.
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Maryland (DC Suburbs) - first 51 years 
The Villages - next 51 years 
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