Quote:
Originally Posted by John_W
Our CYV's were new in 2011. One of the homes on our street was purchased by a snowbird and while they were gone there was a major water leak in the slab. When they returned the M/Br and bath were flooded. They called the warranty department and TV fixed the problem free. They replaced everything in that area, new vanity, new flooring, new drywall, new trim, etc. It was a major repair with sledgehammers into the slab and took three weeks.
After it was fixed the owners put the home on the market with TV Real Estate. It sold quickly and when the new neighbors arrived after closing, another neighbor asked them if they had any concerns about the water leak. The new owners didn't know a thing about it. They got a lawyer and contacted TV and was told they didn't need to inform them because the problem was fixed by the warrantly department.
After a few months, those people listed the home with TV Real Estate and it sold quickly again. When the new neighbors arrived, the same neighbor asked them about the water leak. They responded we were never told. That was a month ago, so now were hoping these folks stay. Third owners in three years.
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I question how one can skirt Disclosure Laws. someone/or many are game playing and the fact that it was repaired by the Warranty Department means nothing as the water leak needed to be disclosed why it occurred how it was corrected by whom etc. If the facts are accurately recounted then I would never place my trust in The Villages Real Estate.
I pay extra for sink hole coverage and I paid to have my property inspected
before the insurance company would accept coverage.
The insurance companies in Florida have all government officials on the run because if they don't get their way they threaten to pull out of the state