Quote:
Originally Posted by Schaumburger
I will agree with you on that about the agent's motivation about home prices going up 30% in the next 3 years. Just wondering my friend and I were discussing resale homes already showing up in the new villages south of
466A (Charlotte and Fernandina). What is The Villages' rule about re-selling new construction -- an owner can't sell within 1 year of closing, or an owner can sell within the first year but not for more than the price the owner paid The Villages for his or her home?
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i would call the Sales Office for the real answer. I do know that with extenuating circumstances, the 'rules' are sometimes flexible.
I know of two homes that went up for sale within a year after they were purchased. One lady who lived alone passed away and another had sudden misfortune and as a result must be in a nursing home permanently.
Their families were allowed to place the homes for sale.