Talk of The Villages Florida - View Single Post - Rate of Appreciation for Homes in The Villages
Thread: Rate of Appreciation for Homes in The Villages
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Old 05-25-2013, 10:42 AM
old moe old moe is offline
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Originally Posted by mulligan View Post
Yes, any home can be sold at any time, but if within the first year after initial closing, any profit must go to the developer. Presented, read, and signed off at closing.
This sounds illegal and I would never sign such a form. WHY WOULD ANYONE sign ? Once you buy it ,it is yours to do as you wish. Sounds tooo much like a scam. And if it is legal I would only sell for the price PAID so the developer would be cut out of any profit!!!My selling for more could only help the developer because a buyer would rather take a brandnew home for a lower price, No?