Villages sales of assets

[Chellybean]

think about it folks?
If there sell OFF there assets that tells me they are bleeding money at a fast rate and the new constructed homes are smaller lots, driveways and questionable construction.
this is not what was built north of 44. you don't have to be a genius to see they might of gotten to greedy this time around?
JMHO

[HappyTraveler]

think about it folks?
If there sell OFF there assets that tells me they are bleeding money at a fast rate and the new constructed homes are smaller lots, driveways and questionable construction.
this is not what was built north of 44. you don't have to be a genius to see they might of gotten to greedy this time around?
JMHO
Seems to me that all of your assertions are purely speculative.

So, as they used to say in NYC back in the day -- that and a token will get you on the subway.

[VAtoFLA]

think about it folks?
If there sell OFF there assets that tells me they are bleeding money at a fast rate and the new constructed homes are smaller lots, driveways and questionable construction.
this is not what was built north of 44. you don't have to be a genius to see they might of gotten to greedy this time around?
JMHO
You need to back up the construction part with some facts if you have any. The construction seems fine. Had an inspector in here just yesterday. Lot size bigger than the resale CYV we were looking at in Pennecamp.

I think you're jumping to conclusions about what selling assets means to a business and then from there what it must mean to its other business channels.

[asianthree]

Sometimes one needs to travel farther than 466 to see what the future holds. Instead of just reading stuff online

[Chellybean]

The Questions everyone should be asking themselves is why are they selling off a lot of there assets? Banks, hospitals, etc... and now the millions of dollars of Medicare fraud, HMMMMMMMM
Did they over extend themselves?

[Kenswing]

The Questions everyone should be asking themselves is why are they selling off a lot of there assets? Banks, hospitals, etc... and now the millions of dollars of Medicare fraud, HMMMMMMMM
Did they over extend themselves?

Maybe the current generation is cashing in before handing it over to the next generation. But does it really matter? Other people’s finances are none of my business.

[dewilson58]

The Questions everyone should be asking themselves is why are they selling off a lot of there assets? Banks, hospitals, etc... and now the millions of dollars of Medicare fraud, HMMMMMMMM
Did they over extend themselves?

Because they are DEVELOPERS.
They develop land and then sell.

Since TV did not have critical mass for an independent entity to invest.
They needed a water system,
They needed a bank to help finance homes.
They needed a hospital to care for homeowners.
They needed a local insurance agency.

Soon, they will probably sell off the golf courses.
Soon, they will sell off Town Squares.
Soon, they will sell off the golf cart stores / shops.

Develop land, sell and either move on or develop more.

:ho:

[Stu from NYC]

I do not think the Morse's will need us to organize a fund raiser in their behalf but interesting as to what is really going on.

[Marathon Man]

The Questions everyone should be asking themselves is why are they selling off a lot of there assets? Banks, hospitals, etc... and now the millions of dollars of Medicare fraud, HMMMMMMMM
Did they over extend themselves?

Why? Why should we be asking ourselves this? I seriously do not care.

[CarlR33]

I do not think the Morse's will need us to organize a fund raiser in their behalf but interesting as to what is really going on.Or a GoFundMe page.

[vintageogauge]

Because they are DEVELOPERS.
They develop land and then sell.

Since TV did not have critical mass for an independent entity to invest.
They needed a water system,
They needed a bank to help finance homes.
They needed a hospital to care for homeowners.
They needed a local insurance agency.

Soon, they will probably sell off the golf courses.
Soon, they will sell off Town Squares.
Soon, they will sell off the golf cart stores / shops.

Develop land, sell and either move on or develop more.

:ho:

Yes, and they own a ton of industrial zoned land now which will most likely be their next large endeavor.

[Chellybean]

The Questions everyone should be asking themselves is why are they selling off a lot of there assets? Banks, hospitals, etc... and now the millions of dollars of Medicare fraud, HMMMMMMMM
Did they over extend themselves?

[Kenswing]

The Questions everyone should be asking themselves is why are they selling off a lot of there assets? Banks, hospitals, etc... and now the millions of dollars of Medicare fraud, HMMMMMMMM
Did they over extend themselves?

I'm still trying to figure out why we should ALL be asking ourselves this? Unless someone is part of these transactions it's none of their business.

[jimbomaybe]

I'm still trying to figure out why we should ALL be asking ourselves this? Unless someone is part of these transactions it's none of their business.
If the business model is failing you should be concerned

[golfing eagles]

The Questions everyone should be asking themselves is why are they selling off a lot of there assets? Banks, hospitals, etc... and now the millions of dollars of Medicare fraud, HMMMMMMMM
Did they over extend themselves?

What Medicare "fraud" would that be. I haven't seen any charge of fraud by CMS or the DOJ, has anyone? Or is that just another uninformed, unsubstantiated opinion?

[Stu from NYC]

What Medicare "fraud" would that be. I haven't seen any charge of fraud by CMS or the DOJ, has anyone? Or is that just another uninformed, unsubstantiated opinion?

OK but if the developer is on the hook for the 360 million it would make sense to sell off some assets to pay it.

This could have some affect on us villagers.

[tophcfa]

Maybe the current generation is cashing in before handing it over to the next generation. But does it really matter? Other people’s finances are none of my business.

Typically, I would totally agree that others finances are no one else’s business. That being said, the Villages is kind of a unique situation. The parties finances, who heavily handed control just about everything where we have invested a significant chunk of our retirement portfolio, have a significant correlation to both our lifestyle and property values. Because of that, Villagers should be concerned about their motivations and perceived direction. It does really matter in this particular case.

[Bogie Shooter]

Not worth the effort to worry about what is known or unknown, option is to pack you bags and go before the sky falls.

[tophcfa]

Not worth the effort to worry about what is known or unknown, option is to pack you bags and go before the sky falls.

Inquiring minds don’t like the unknown. Some prefer to seek knowledge and make informed decisions after considering as much knowledge as can be gathered. Others chose to bury their heads in the sand or run away. Different styles for different folks.

[biggamefish1]

Nothing wrong with cleaning out the coffer and moving forward

[Marathon Man]

Inquiring minds don’t like the unknown. Some prefer to seek knowledge and make informed decisions after considering as much knowledge as can be gathered. Others chose to bury their heads in the sand or run away. Different styles for different folks.

So, if you don't have an "inquiring mind" about a particular subject, you "chose to bury their heads". C'mon.

[Stu from NYC]

So, if you don't have an "inquiring mind" about a particular subject, you "chose to bury their heads". C'mon.

Some people think that the financial viability of the developer is not our business. Of course it is we would be affected if they ran into financial problems.

[Bill14564]

Some people think that the financial viability of the developer is not our business. Of course it is we would be affected if they ran into financial problems.

How would we be affected?
- The Developer does not provide utilities
- The Developer does not maintain the roads
- The Developer does not run the rec centers
- The Developer does not maintain the pools or pickleball courts
- The Developer does not cut the grass along the streets or replace the flowers

The Developer does own the buildings in the commercial districts (the squares). This allows him to choose/elect the supervisors for the districts that control the amenities. But, since the amenities are funded by the residents and not by the commercial districts these supervisors typically stay away from fixing something that isn't broken.

If the Developer has financial issues it might somehow affect the businesses in the squares and we would notice that but I just don't see that being a big issue.

[jimhoward]

How would we be affected?
- The Developer does not provide utilities
- The Developer does not maintain the roads
- The Developer does not run the rec centers
- The Developer does not maintain the pools or pickleball courts
- The Developer does not cut the grass along the streets or replace the flowers

The Developer does own the buildings in the commercial districts (the squares). This allows him to choose/elect the supervisors for the districts that control the amenities. But, since the amenities are funded by the residents and not by the commercial districts these supervisors typically stay away from fixing something that isn't broken.

If the Developer has financial issues it might somehow affect the businesses in the squares and we would notice that but I just don't see that being a big issue.


If the developer ran into financial problems, they might start putting new houses closer together, or they might cut back on finishes on little things like not bothering with ceiling fans, or they might undercut prices on existing homes to stimulate sales........oh wait :).

[Bill14564]

If the developer ran into financial problems, they might start putting new houses closer together, or they might cut back on finishes on little things like not bothering with ceiling fans, or they might undercut prices on existing homes to stimulate sales........oh wait :).


And any of that would affect me how?

Sure, it might make me reluctant to purchase in the newer areas but since I'm not looking to move anytime soon....

On the other hand, if the newer areas were less desirable then homes like mine in the existing areas would be come more desirable. More desirable = higher prices = more profit = win for me.

[thelegges]

think about it folks?
If there sell OFF there assets that tells me they are bleeding money at a fast rate and the new constructed homes are smaller lots, driveways and questionable construction.
this is not what was built north of 44. you don't have to be a genius to see they might of gotten to greedy this time around?
JMHO

You are asking for speculation correct? Because as I see it unless your descendants are married into the family, your questions are answered with assumptions, guesses, or zero factual evidence.

Medical facilities, insurance, sold or leased over 10 years ago. Restaurants have been leased out from developers for at least 10-15 years. The only change I see is bank sold. That could be a signal that it’s no longer needed to sell homes.

As far as Medicare issues, has been ongoing with most billing for years, between physicians, facilities, and individuals. Plus in all the years in medical no one ever knows how much is actually paid off or forgiven

So is this the brain teaser for the week? Because no one on this site can solve your question

[Chellybean]

If the developer ran into financial problems, they might start putting new houses closer together, or they might cut back on finishes on little things like not bothering with ceiling fans, or they might undercut prices on existing homes to stimulate sales........oh wait :).

Exactly, all those are true if you pay attention

[CoachKandSportsguy]

the primary effects of the developer's actions do not directly affect anyone currently owning a house in an established village.

the secondary effects are not currently known, but may affect some aspects of our lives. yes, one can speculate on those effects, and the effects could range from minor to major, depending upon your level of imagination. But to postulate on just the direct effects as the only potential changes, is a bit short sighted. .

good luck to us. .

[thelegges]

If the developer ran into financial problems, they might start putting new houses closer together, or they might cut back on finishes on little things like not bothering with ceiling fans, or they might undercut prices on existing homes to stimulate sales........oh wait :).

You must be new to TV.
Do you remember in 2008, 09, 10, 11, 12, and so on, the discounts on newly built homes for PV, CYV, designers?

How about in 2012, 2014, some new builds, no washer/dryer, ceiling fans, or GARAGE DOOR Openers?

I remember all of those, why because we bought 4 houses during those years.

How about your personal experience of what was included in homes from 2007 to 2025.

What you think is missing in homes today has been ongoing over 15 years, you just weren’t here to understand what was or wasn’t included.

[Bogie Shooter]

You must be new to TV.
Do you remember in 2008, 09, 10, 11, 12, and so on, the discounts on newly built homes for PV, CYV, designers?

How about in 2012, 2014, some new builds, no washer/dryer, ceiling fans, or GARAGE DOOR Openers?

I remember all of those, why because we bought 4 houses during those years.

How about your personal experience of what was included in homes from 2007 to 2025.

What you think is missing in homes today has been ongoing over 15 years, you just weren’t here to understand what was or wasn’t included.

:boom:

[BrianL99]

If the developer ran into financial problems, they might start putting new houses closer together, or they might cut back on finishes on little things like not bothering with ceiling fans, or they might undercut prices on existing homes to stimulate sales........oh wait :).

You must be new to TV.
Do you remember in 2008, 09, 10, 11, 12, and so on, the discounts on newly built homes for PV, CYV, designers?

How about in 2012, 2014, some new builds, no washer/dryer, ceiling fans, or GARAGE DOOR Openers?

I remember all of those, why because we bought 4 houses during those years.

How about your personal experience of what was included in homes from 2007 to 2025.

What you think is missing in homes today has been ongoing over 15 years, you just weren’t here to understand what was or wasn’t included.

I think someone failed to see the cynicism.

The developer may even opt to cut back on golf courses and other amenities ...

[tophcfa]

I think someone failed to see the cynicism.

The developer may even opt to cut back on golf courses and other amenities ...

That ship has already sailed.

[Jayhawk]

Some prefer to seek knowledge and make informed decisions after considering as much knowledge as can be gathered.

You're in the wrong place if it's facts you want.

[JMintzer]

think about it folks?
If there sell OFF there assets that tells me they are bleeding money at a fast rate and the new constructed homes are smaller lots, driveways and questionable construction.
this is not what was built north of 44. you don't have to be a genius to see they might of gotten to greedy this time around?
JMHO

There are no "smaller lots".

Yes, the driveways are shorter. That is because their market research indicated the the new home buyers wanted larger back yards and didn't care for the large front yards. They simply shifted the foundations closer to the street to accommodate them...

[Aces4]

There are no "smaller lots".

Yes, the driveways are shorter. That is because their market research indicated the the new home buyers wanted larger back yards and didn't care for the large front yards. They simply shifted the foundations closer to the street to accommodate them...

Yeah, I'm not buying that. How many of us want to live on the street practically with little driveway? NOT!

[Aces4]

You need to back up the construction part with some facts if you have any. The construction seems fine. Had an inspector in here just yesterday. Lot size bigger than the resale CYV we were looking at in Pennecamp.

I think you're jumping to conclusions about what selling assets means to a business and then from there what it must mean to its other business channels.

Are we comparing CYV yard to CYV yard in the same setting?

[Stu from NYC]

How would we be affected?
- The Developer does not provide utilities
- The Developer does not maintain the roads
- The Developer does not run the rec centers
- The Developer does not maintain the pools or pickleball courts
- The Developer does not cut the grass along the streets or replace the flowers

The Developer does own the buildings in the commercial districts (the squares). This allows him to choose/elect the supervisors for the districts that control the amenities. But, since the amenities are funded by the residents and not by the commercial districts these supervisors typically stay away from fixing something that isn't broken.

If the Developer has financial issues it might somehow affect the businesses in the squares and we would notice that but I just don't see that being a big issue.

If the developer ran into financial issues the media would be all over it as basically they do not like us.

If negatives about the villages financially got it do you really think it would not affect resales?

[Aces4]

If the developer ran into financial issues the media would be all over it as basically they do not like us.

If negatives about the villages financially got it do you really think it would not affect resales?

I wouldn't worry about the billionaires. However, if there was a failure with the developers that would mean greater problems everywhere in the States. I don't think it's failures, I think it's disentangling the company from all the facets and starting to let The Villages proceed with out the developers, just like every other community.

[BrianL99]

Has it occurred to anyone, that as we moved towards a new generation of the Developer's family, they perhaps want to simplify the operation and concentrate on their core business?

Or perhaps in the change of generations, cash is needed to buy off some heirs or stockholders?

[Pugchief]

Yeah, I'm not buying that. How many of us want to live on the street practically with little driveway? NOT!

North of 44 here, designer home with kissing lanais. I would gladly give up 10 feet in the front for an additional 20 feet in the back. YMMV

[Aces4]

North of 44 here, designer home with kissing lanais. I would gladly give up 10 feet in the front for an additional 20 feet in the back. YMMV

We think just the opposite, enclosed the lanai and landscaping makes a kissing lanai no problem but we don't want our vehicles parked with the bumper feet from the street when we need to park outside the garages. Right in the street and you may as well live in a brownstone in Boston that is feet from the curb.

[Stu from NYC]

I wouldn't worry about the billionaires. However, if there was a failure with the developers that would mean greater problems everywhere in the States. I don't think it's failures, I think it's disentangling the company from all the facets and starting to let The Villages proceed with out the developers, just like every other community.

If the developer is liable for the medicare overruns might mean changes in how they operate which could affect the rest of us. I do not see the developer business failing.

However so far we have not heard most of what is going on and the Sun sure what be giving us a blow by blow description unless someone else can be blamed.

[jimhoward]

There are no "smaller lots".

Yes, the driveways are shorter. That is because their market research indicated the the new home buyers wanted larger back yards and didn't care for the large front yards. They simply shifted the foundations closer to the street to accommodate them...


I agree. I am not sure the lots are smaller in the south. I know the house I own in the LSL area has a 0.15 acre lot, whereas the one I own near Eastport has a 0.27 acre lot. But the models are completely different so that doesn't mean anything.

I do like having a relatively big backyard. Room for a pool and a big bird cage and still a good amount of grass behind. The driveway is really short, but its wide. Can easily fit two cars and a golf cart across, so nothing needs to be shuffled.

[tophcfa]

If the developer is liable for the medicare overruns might mean changes in how they operate which could affect the rest of us.
No worries, the developer has an army of attorneys that slice and dice their risk, and separate any liabilities between many different business entities. I most certainly don’t blame them for that, I would also if in their position. A bigger worry would be if that wasn’t the case, then their competence would be in question. That being said, a legitimate concern should be the fallout from the whole Villages Health disaster, and the future of quality accessible health care in a rapidly growing senior citizen community.

[Chellybean]

I think someone failed to see the cynicism.

The developer may even opt to cut back on golf courses and other amenities ...

they have cut back on courses in the south and the maintenance of these courses has gone astray, JMHO

[kkingston57]

If the business model is failing you should be concerned

Failing? Do not think so. Their expertise is developing land and they are doing well. They have 0 interest after that. Surprised that they still own golf courses. They are not great money makers

[Altavia]

Failing? Do not think so. Their expertise is developing land and they are doing well. They have 0 interest after that. Surprised that they still own golf courses. They are not great money makers

They appear to be selling close to 15 homes a week when you look at the names on the sales boards?

[Altavia]

they have cut back on courses in the south and the maintenance of these courses has gone astray, JMHO

They're adding lots of golf in the Eastport areas.

The courses are more "linear" which allows more golf view lots at $250K a pop.

Following is just the executives.

Two New Executive Courses for You to Enjoy (https://www.thevillages.com/whats-new/growth/executive-golf-expansion-ahead/)

[Marathon Man]

WOW!!!!!!! Why do some of you continue to live here if you are so angry about everything?

[Stu from NYC]

WOW!!!!!!! Why do some of you continue to live here if you are so angry about everything?

I see questioning from myself and others but not anger.

[CoachKandSportsguy]

Has it occurred to anyone, that as we moved towards a new generation of the Developer's family, they perhaps want to simplify the operation and concentrate on their core business?

Or perhaps in the change of generations, cash is needed to buy off some heirs or stockholders?

MBA business course historical analysis is that family businesses seldom succeed as well as the founder after starting with the second generation or founders grandkids. By about the second generation, the interest and desire and skill is not there, and this is when outside management is considered.

TV could be different, but i suspect that there is a third generation which might be the last direct descendants to run the business. . just from my education. . . i am speculating from a position of historical probability

[dewilson58]

WOW!!!!!!! Why do some of you continue to live here if you are so angry about everything?

Many of them don't...............they are just on this site.

:beer3:

[BrianL99]

Failing? Do not think so. Their expertise is developing land and they are doing well. They have 0 interest after that. Surprised that they still own golf courses. They are not great money makers

0 interest?

They're the largest Commercial property owners in mid-Florida and they're as smart or smarter, than most anyone else in that business.

& the golf courses are cash cows. Their return on investment on the golf courses, is staggering.

[BrianL99]

Has it occurred to anyone, that as we moved towards a new generation of the Developer's family, they perhaps want to simplify the operation and concentrate on their core business?

Or perhaps in the change of generations, cash is needed to buy off some heirs or stockholders?

MBA business course historical analysis is that family businesses seldom succeed as well as the founder after starting with the second generation or founders grandkids. By about the second generation, the interest and desire and skill is not there, and this is when outside management is considered.

TV could be different, but i suspect that there is a third generation which might be the last direct descendants to run the business. . just from my education. . . i am speculating from a position of historical probability

There you go.

That's exactly what's probably happening.

Gary Morse was a "one man band".

Then it was his 3 children and responsibility was divided amongst them.

They're getting older and less interested in the day to day.

This is when the trouble starts.

This won't mean anything to most here, but I'm sure Coach knows how to spell "DeMoulas".

[tophcfa]

& the golf courses are cash cows. Their return on investment on the golf courses, is staggering.
You have me curious, how do you know that? Are you privy to the financials?

[jimhoward]

0 interest?


& the golf courses are cash cows. Their return on investment on the golf courses, is staggering.


Wow, that would be amazing if true, and I assume it is or you would not have said it. Most golf courses are not profitable.

Because of my irrational attraction to golf, I have, on three separate occasions in my life, looked into buying a golf course, and got to the point of receiving financials. In each case they were terrible. Of course these were not in the Villages. Its nice to hear that some are making good money.

[BrianL99]

You have me curious, how do you know that? Are you privy to the financials?

I don't need to see the financials. I know what it costs to run golf courses and golf course revenue in TV, is basically public information. You can look at the Tee Sheets and see how many Tee Times are sold and interpolate revenue.

To say nothing of the fact, the Developer (who's very smart) kept building courses, right through the bad times and we're now in the biggest golf boom since the late 90's.

Wow, that would be amazing if true, and I assume it is or you would not have said it. Most golf courses are not profitable.

Because of my irrational attraction to golf, I have, on three separate occasions in my life, looked into buying a golf course, and got to the point of receiving financials. In each case they were terrible. Of course these were not in the Villages. Its nice to hear that some are making good money.

Pre-Covid, golf courses were selling for about 1 times revenue. These days, golf courses are running 4-6 times revenue. Obvious every case is different, but it's a pretty good business these days.

[dewilson58]

..................................................

& the golf courses are cash cows. Their return on investment on the golf courses, is staggering.

Gots to agree with you.

When they sell the championship courses, Villagers will be shocked at the price.
(mostly with a captive customer base)

[CoachKandSportsguy]

Gots to agree with you.

When they sell the championship courses, Villagers will be shocked at the price.
(mostly with a captive customer base)

that would be one of those secondary effects which might impact one's current lifestyle.
:bigbow::agree:

:cus::cus::cus:

[Snowbirdtobe]

Like it or not, enforced or not, if you own a home you have a contract with the developer.
The deed may have been Xeroxed 10 times and be almost unreadable but it is still a contract with the DEVELOPER.
Every other aspect of TV, except for the public roads, is controlled by the developer or their sycophants.
If the developer fails who will anoint the members of the boards that control the rec centers?
With the tail end of the boomers reaching retirement age and the front edge dropping dead the business model is in jeopardy.

[JMintzer]

Yeah, I'm not buying that. How many of us want to live on the street practically with little driveway? NOT!

Then don't buy it! Many people ARE buying them, since they don't want the big (unusable) front yards...

I've got about 15' of back yard from the back of my lanai. I would have gladly given up a few feet of my front yard to have more yard in the back...

Luckily, the street behind me is a cul-de-sac and I don't have inyone directly behiind me. Just the side yards of my back yard neighbors...

[JMintzer]

We think just the opposite, enclosed the lanai and landscaping makes a kissing lanai no problem but we don't want our vehicles parked with the bumper feet from the street when we need to park outside the garages. Right in the street and you may as well live in a brownstone in Boston that is feet from the curb.

Unless you have a land yacht, or a huge truck, that isn't a problem...

Me thinks you're exaggerating just a bit...

[JMintzer]

they have cut back on courses in the south and the maintenance of these courses has gone astray, JMHO

They are building multiple executive and championship courses south of 44. Patience grasshopper..

[Chellybean]

They are building multiple executive and championship courses south of 44. Patience grasshopper..

They always in the past built the golf courses first not after the developed housing areas. The newer generations are not as interested in golf which brings Eastport. Believe what you want but the golf course are not as profitable as people think and the upkeep is a ginormous expense.
The maintenance of these courses has fell by the waste side and now the villages is directly managing the maintenance now and got rid of the management company years ago!

[Normal]

They always in the past built the golf courses first not after the developed housing areas. The newer generations are not as interested in golf which brings Eastport. Believe what you want but the golf course are not as profitable as people think and the upkeep is a ginormous expense.
The maintenance of these courses has fell by the waste side and now the villages is directly managing the maintenance now and got rid of the management company years ago!

The Villages always opens the golf courses before homes are purchased or built. It removes the liability of golf ball damage from the golfers.

[BrianL99]

Believe what you want but the golf course are not as profitable as people think and the upkeep is a ginormous expense.



Really? How much is "ginourmous" in dollars?

If they're "not as profitable as people think", how much do they make? How much is the revenue? Expenses? Fixed costs. Please enlighten us.



The maintenance of these courses has fell by the waste side and now the villages is directly managing the maintenance now and got rid of the management company years ago!

The Villages directly manage the maintenance of what golf courses?

Other than the newer courses in South, the maintenance of all the other Championship Golf Courses was contracted out to one of (3-4) companies, as of last year.

[Topspinmo]

I guess the sales pitch “the build out nearly complete” better buy now not tactic/sales pitch point any more?

[Marathon Man]

They always in the past built the golf courses first not after the developed housing areas. The newer generations are not as interested in golf which brings Eastport. Believe what you want but the golf course are not as profitable as people think and the upkeep is a ginormous expense.
The maintenance of these courses has fell by the waste side and now the villages is directly managing the maintenance now and got rid of the management company years ago!

And that still happens. The new course in Wellpoint / Oak Hollow was nearly complete before the first house was built. Same with Laurel Oak. The new course south of Bexley Trail is being built now, and there are no homes there.

Yes yes I know that this is not what some want to hear. However, you are welcome to take a drive down Bexley and have a look for yourself.

[jimhoward]

I guess the sales pitch “the build out nearly complete” better buy now not tactic/sales pitch point any more?

I definitely never got that sales pitch. It was more like " the villages owns land pretty much as far as you can see, and they plan to keep building indefinitely"

[tophcfa]

I definitely never got that sales pitch. It was more like " the villages owns land pretty much as far as you can see, and they plan to keep building indefinitely"

Difference between a very new residents perspective and sales pitch versus the experience of much more seasoned residents. Based on the above referenced TOTV join date, it’s a newbie’s perspective.

[Bill14564]

Where in Gods name do you think the the liability is removed from the golfer!!!!
Unbelievable entitlement!!!!

There is at least one other long thread about that.

Golf courses and golfers are not liable for unintentional damage to homes along a golf course. That *might* be one of the documents signed at closing.

[Bill14564]

LOL try that argument in front of a judge!
Nothing is signed at closing on a golf lot exempting a golfer of responsibility.
Unbelievable entitlement!
YOU ARE STILL RESPONSIBLE whether its unintentional or intentional, at least that's how i was raised!

Well I guess if you say it in caps then it must be true.

[asianthree]

Where in Gods name do you think the the liability is removed from the golfer!!!!
Unbelievable entitlement!!!!

You Don’t engage with the golfer…On the property that you chose to purchase knowing there will be damages at some point. If the golfer chooses an offer it’s kind of them, because they are not responsible according to insurance adjusters.

Up north all the years living on Oakland Hills, if a member or their guest hit into a home, the caddy would leave information for the homeowner. Most homeowners would just take care of the damage themselves.

[Jayhawk]

LOL try that argument in front of a judge!
Nothing is signed at closing on a golf lot exempting a golfer of responsibility.
Unbelievable entitlement!
YOU ARE STILL RESPONSIBLE whether its unintentional or intentional, at least that's how i was raised!

It may be how you were raised, but Florida law protects golfers due to presumption of risk which homeowners assume when living on a golf course.

[BrianL99]

Where in Gods name do you think the the liability is removed from the golfer!!!!
Unbelievable entitlement!!!!

It was removed by the Home Owner, when they purchased a home on a golf course and assumed the inherent risk associated with living on a golf course.

No different than folks who buy homes near airports or prisons ... they assume the risk.

[Kelevision]

think about it folks?
If there sell OFF there assets that tells me they are bleeding money at a fast rate and the new constructed homes are smaller lots, driveways and questionable construction.
this is not what was built north of 44. you don't have to be a genius to see they might of gotten to greedy this time around?
JMHO

They always sell. Always have. They start it up, then sell it.

[jimhoward]

I don't think anybody is finding a statute talking about golf and stating that a golfer is or is not liable for damage caused by a wayward shot. Its a case law thing.

I wish I had access to actual cases, but I don't. I am not a lawyer and would not know where to look. AI and many internet articles say that the golfer is not usually liable, if we are talking specifically about hitting a house built on the golf course. And its not just a Florida concept. It is the same in all 50 states or at least all the ones I have played golf in. Personally, if I broke somebody's window I would volunteer to pay for it. But that is just my choice. I don't think they would win a lawsuit against me.

The real liability starts when you have a roadway along the course and golfers can possibly hit passing cars. I don't think we have that situation in the villages. But it can be a real nail biter, and you are liable there.

[Aces4]

I don't think anybody is finding a statute talking about golf and stating that a golfer is or is not liable for damage caused by a wayward shot. Its a case law thing.

I wish I had access to actual cases, but I don't. I am not a lawyer and would not know where to look. AI and many internet articles say that the golfer is not usually liable, if we are talking specifically about hitting a house built on the golf course. And its not just a Florida concept. It is the same in all 50 states or at least all the ones I have played golf in. Personally, if I broke somebody's window I would volunteer to pay for it. But that is just my choice. I don't think they would win a lawsuit against me.

The real liability starts when you have a roadway along the course and golfers can possibly hit passing cars. I don't think we have that situation in the villages. But it can be a real nail biter, and you are liable there.

Why would a roadway have relief from crappy golfers but individual homeowners none?

[jimhoward]

Why would a roadway have relief from crappy golfers but individual homeowners none?

Because passing motorists don't assume the risk of being hit by golf balls just by driving down a public road that passes a golf course. But homeowner's who build or buy homes on golf courses do.

At least that is what the internet says.

BTW its not all crappy golfers. Good golfers hit the ball long and powerfully and still sometimes slice and hook it. They may hit fewer bad shots, but when they do it can be a doozy.