Quote:
Originally Posted by graciegirl
When a person buys a home in a deed restricted development and one that is run by the developer, that person in essence turns the decision making about how the place is run to someone else. A home owner in a CDD cannot vote on anything. ANYTHING.
The purpose of ANY business is to take in more than you pay out. Also a successful business employs people who pay taxes. I have no problem with this business that runs where I live running in the black.
If any potential buyers want to be part of the decisions that impact how things are done in their community, find someplace else to live.
We have owned property for six years here and not once did we have an opportunity to vote for or against anyone or anything.
It is a huge decision to make. Most find it works out to their liking.
We chose a place that is run like this so that people without experience do not take over and mess things up.
Anyone who has ever attended a homeowners association meeting or has been part of a homeowners board of directors will know JUST what I mean.
It is a choice to live here.
To me,
An EXCELLENT choice.
|
I think you just made the case for the IRS.
__________________
MI, Pontiac, Waterford, Southfield, Farmington, FL.--> Ron's my name and pool's my game.
|