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Originally Posted by upstate
We are looking at age restricted communities, and while some are appealing one of our concerns is doing any of them have financial, maintenance, etc issues down the road. Since we are seasonal residents of the TV this question would be regarding a permanent home. Thanks for any assistance.
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The Villages has some huge financial issues on the horizon. The IRS investigation is into the hundreds of millions of dollars in penalties and interest. When the bill is finally tallied, it remains to be seen who will end up paying.
The transfer of the amenities south of CR466 from the developer to the districts is another big ticket item. If history repeats itself (as in what happened north of CR466), the developer will be asking for much more than what it cost to build said amenities.