Quote:
Originally Posted by watersdw
My wife and I are "potentially" on the verge of buying property in TV and were wondering what the general thought was about the recent news on the IRS tax free bond issue? Is there trouble ahead? Do most people think the impact to homeowners is minimal? I would love to get some input from current residents and am surprised to see nothing here already.
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Since nobody knows the outcome, nobody knows what, if any, impact there will be on homeowners. That is why you have seen nothing here already. However, the 2009 POA Bulletin article, referenced in the other thread on this subject, explains the potential impact. Read the article if you want to understand what this is all about.
At this point, about all we can do is wait, try to stay informed about developments, try to understand what is going on, and then, if the outcome prejudices, or is about to prejudice, homeowners, take (probably through the POA) whatever legal action is appropriate under the circumstances.