Quote:
Originally Posted by mickey100
Yes, in The Villages the developer used special appraisal techniques, approved and accepted by their hand-picked boards, to sell common properties back to the residents in the CDDs at grossly inflated prices.
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Actually, the appraisals have passed more than one audit and are in accordance with generally accepted accounting practices. The valuations were for income streams as well as physical plants.
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Real Name: Steven Massy Arrived at TV through Greenwood, IN; Moss Beach, CA; La Grange, KY; Crystal River, FL; The Villages, FL
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