Talk of The Villages Florida - View Single Post - Hardship during 1 year no sale period
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Old 10-26-2013, 09:56 AM
LndLocked LndLocked is offline
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Quote:
Originally Posted by rayschic View Post
There are many people that flip houses in The Villages. You can buy any resale, foreclosed, bank owned, etc. Fix it up and resell it and make a quick profit. You just can't buy a home down near Brownwood (currently)and sell it in less than one year for a profit. You would be selling in direct competition to the developer.
You can also own more than one home and rent it out. Many, many people have more than one home in The Villages.
I am fully aware of all of that .... just been attempting to get some to justify their position on prohibiting the 1 year resell clause.

I would still like to know just who monitors this and how they enforce it?