Talk of The Villages Florida - View Single Post - Rate of Appreciation for Homes in The Villages
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Old 05-25-2013, 11:46 AM
golf4me golf4me is offline
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Originally Posted by old moe View Post
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?
It is a percentage of the profit if sold in less than a year and it was done to put a stop to "flipping" and it is on NEW HOMES only.I think that's good. Not good when people who don't have a real interest buy a bunch of home to rent them.