Quote:
Originally Posted by villa2
Just curious. Did you trust the Morses when you bought into the Villages? How long were you there before you distrusted them? I have been researching the Villages for 2 1/2 years and I trust them. But I also trust my bank, my contractors, my insurance agent, my favorite car salesman, dry cleaner, grocery store etc. When I lose trust I will find another to replace.
I'm sorry, I mean no disrespect, but I probably would have to move if I distrusted my circumstances.
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Sorry, I have no intentions of moving just because I do not trust the Morses. I admire the Morses for what they have created here but the bottom line is that they are in it for the money. If they had 100% control of everything here, I probably would move.
One of the things that I think about (not worry about) is to what degree they subsidize some of the things that we enjoy in the community (nightly entertainment, cost to play the championship courses, etc.). Will any of these things we eliminated or reduced when the villages is built out in a couple of years? The real profit for the developer is in the houses that he sells and once all the land is developed, will he pull all subsidies. Like I said, I don't stay up nights worrying about this ( or the IRS bond isuue), but I do think about it.
A lot of my skepticism with the Morses is due to the things the POA have taken him to task for: the lack of reserves for the sold amenities (resulting in a $40 million settlement), the siding issue (they basically took over half my siding off, replaced some sheathing, and rehung the siding and they also resided or rehung a significant number of houses in my neighborhood), payments for repairing sinkholes, retracting the free cable offer - just to name a couple.
I also think it is a real shame the Morses don't interact with community on a regular basis and entertain questions from the residents, like the founder Harold Schwartz was said to do.
BTW, I have never heard of anyone that trusts a car salesman!!!!!!!!