Talk of The Villages Florida - View Single Post - Perils of new home buying
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Old 12-12-2010, 01:38 PM
Hal :-) Hal :-) is offline
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Default Pre-owned here we come.........

Quote:
Originally Posted by Pturner View Post
And that is the way it will remain if people put up with it. If it were me, I think I'd walk while I could. The $50 a month difference in interest alone makes it a raw deal. If you have good credit at all, you could probably get better than 5 percent interest almost anywhere right now!* And you wouldn't be risking a huge loss if the appraiser gets hit by a beer truck. Resales are looking better all the time. Sorry to say this.

* Assuming apples-to-apples comparison. Surely Citizens isn't charging you any discount/closing points at 5% interest! If they are, it sounds like an absurdly uncompetitive interest rate! Did they estimate closing costs??
Well, we're done. We asked for a simple one-liner exempting us from penalty for 15 days after the closing day in the event someone else causes a delay. No go. The really problem was no one at our level has any authority. The folks at the Sales office can do nothing. It's all at the corporate level and "the family". I went into this with rose-colored glasses, expecting a wonderful experience. Needless to say, I've lost all trust and respect for The Villages organization.

There's a couple of articles in the today's paper on Bernie Madoff and his son's suicide. There's a guy that had all the wealth and power anyone could want and he continued to deceive and cheat. My wife asked how he must feel in prison now. No different, I suspect. I only think of one word - evil. Unhappily, that's my new view of the family now. I apologize for the strong language, it's just my perspective. I could just say it's greed but that's not strong enough for me. I don't ever recall being so disappointed.