Quote:
Originally Posted by Advogado
I continue to be surprised that the FTC or other regulatory agency hasn't forced the Developer (and MLS brokers) to disclose the amount of the bond in advertisements. Not to do so is really nothing more than deceptive advertising. Most Villagers are probably well-informed enough to determine the amount of the bond and consider it part of what they will be paying for the house. However, as indicated by this thread, at least some first-time buyers are not.
The present system of untruth in advertising gives the Developer an edge in selling new homes--which have a very high bond and which compete against preowned homes with a much-lower bond.
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Big money talks really loud...  Apparently the state of Florida doesn't care either.
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Last edited by Easyrider; 11-20-2013 at 05:55 PM.
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