Talk of The Villages Florida - View Single Post - Selling Brand New Home:
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Old 04-27-2011, 12:52 PM
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Quote:
Originally Posted by jerseyvillager View Post
With a group of Villager's last night and had this conversation. Find it hard to believe but maybe it is true. A statement was made that if a person buys a brand new home in TV and decides to sell it before one year passes they must return to The Villages any dollars that are in excess of the original sale price. I find this hard to believe. Any knowledge/comments.
Quote:
Originally Posted by paulandjean View Post
I think it only applies when you go thru the "villages" real estate. Do not think it applies with "for sale by owner".
Hi Paul and Jean,
Are you saying that anyone could buy a brand new TV home and then sell it for profit in under 12 months just by not listing it for sale with the TV sales office? I don't see how that would prevent flipping (at least when home prices are appreciating). Does anyone know if this is correct?