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Old 10-29-2007, 12:31 AM
Renee Renee is offline
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Default Re: Real Estate Prices with excess supply

It is my understanding that we will own nothing when the developer leaves. Unlike other communities like Del Webb Spruce Creek where the homeowners do own all the amenities except the golf course TV has sold and will sell everything to investors who can collect the monthly dues and they are the ones who will control the amenities. Once the developer is gone and everything is privately owned who knows what fees we might end up paying.