Welcome to the Villages, however old you are! Considering we are fast approaching 92, 000+ people. the complaints are very few and far between. There will always be some isolated cases, but as I have read this entire thread, I feel most of the fault lies with the agent who did a poor job for their client. Information that was needed was not provided. I think most of our agents did a superb job, or we would be hearing about it.
The developer is running a family business, the main goal of which is to make money selling a fair product. If not, they quickly go out of business. In any business, there will always be the occasional problem. Possibly more of these problems occur in the 20% who are not of retirement age with savings to spend, and who need creative financing. I don't know for sure, but I do know this is a unique situation and it bears paying attention to. I don't think it is the developers fault that it occured...I think it is the agent and the lender, who are supposed to be helping the buyer, and clearly did not do an adequate job. I love this place, and I also think there are many 55+ developments that are not nearly as well maintained, and do not have nearly as many amenities for their people to enjoy. That's a big part of the reason they are selling as many homes each month as they are, and also why TraceyMooreRN decided to buy here. There are undoubtedly other places that would be happy with FHA loans. It is important to research where you want to live and why and hope you don't get poor information or no information from those whose job it is to help you.
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