Disclosure of the amount of the bond when advertising house prices
 

It is surprising that some consumer-protection agency has not required prominent disclosure of the amount of the bond in advertisements quoting home prices.

The Morse's seem to be involved in quite an empire. But they had to start somewhere. Case and point......there is a contractor where we live that owns a lot of our town, has at least 1000 rental properties (and is still building), owns an airport, airplane, etc. My mom was his nanny for his 2 small children 20 years ago. He started out as a general contractor building houses. He started small and built his empire. He lives in what looks like a 5000-6000 sq ft home on top of a hill that I can see from my house. That's what the Morse's probably did. It's a lot of work and a HUGE sacrifice in life. Some people are just wired to be entrepreneurs . I say as long as he does things legally, he deserves what he has. :spoken:

We are *customers* and the Morse family gives us what we want to buy and does a fantastic job of it. They have built something unique on the face of the earth and I feel darn lucky to finally be here.

I knew exactly what I was getting into when we bought here (thanks to TOTV). I know the Morse family makes lots of money, but when you build a better mouse trap you deserve to make lots of money.

I'm happy to see the depth of involvement of the Morse family. It means they are in charge.

I know someone who works for TV and with members of the Morse family. He tells me "making people's dreams come true" is job #1.

And no matter what your position is in the TV organization whenever a prospective buyer or a resident asks you a question, answering that person's question becomes your #1 job priority and you don't do anything else until that question is answered. I have experienced this first hand and it really happened with us.

The Villages employee dropped what he was doing and took a half and hour calling this person and that person until our question was answered to our satisfaction. Amazing. This wasn't a Sales Rep question either, it was *way* back office employee answering a technical question. I bet this guy only talks to a prospective buyer or homeowner once or twice a year. Based on that answer we bought a house. Our dream came true. He did his job.

Shop and play off-campus if you want to save some dough...we do...but when the day comes for us to hang up the car keys, we'll be delighted to be able to drive to shopping plazas in our golf cart and happy to pay a premium to do so.

I'm back in Maine working for the next two weeks and two days (not that I'm counting or anything), but I'll be home for our first Christmas in TV.

The complaints about Morse are, to me, a moot point.

Like everything else in this country, (except taxes), you can always "take it or leave it".

Nobody had a gun to our heads when signing a contract to buy here. In fact, we couldn't wait to sign and get our keys. Have never regretted it for even a second.

I wonder if some feel the same negative way about the likes of Sam Walton....and using the negative method I will say...you know the guy who made multi-billions taking YOUR money at Walmart and Sam's!!!!
There must be something wrong that one man can do stuff like that and get away with it.

Ditto the guy who did Home Depot.

Or Bill Gates.

Just to name a few who are bigger than Morse....now just what did they do wrong....they all did it with your money....eh?

btk

I agree, well said!

Nice to hear- This will PO the conspiracy theorist among us

Regarding the bond price not being shown in the home price, you would like to see, for example, Home for sale in Bridgeport at Laurel Valley, $679,985 plus $49,950 bond? Seems kind of silly to me. Everyone who researches The Villages knows of the bonds.

Personally, I did not want a large bond, so I bought a re-sale home and almost all of the bond had been paid off in previous years. Saved me at least $25,000 - and the house is great.

You gotta be kidding, or else you should find someone else other than Sam Walton to make your point. Walmart has been accused of predatory pricing; Sam Walton bragged about how he took advantage of his workers paying them low wages and low benefits; a 2005 class action lawsuit in Missouri asserted approximately 160,000 to 200,000 people who were forced to work off-the-clock, were denied overtime pay, or were not allowed to take rest and lunch breaks....In the mid-1990s, Walmart had a "Buy American" campaign. Yet by 2005, about 60% of Walmart's merchandise was imported.

I had to look up what predatory pricing was.
http://en.wikipedia.org/wiki/Predatory_pricing

blah blah blah.....
 

I never worried about what the Ford family owned when I bought one of their cars! oh yeah ... ...
:ohdear:

Cheerleader Point of View
 

Most people give me a look that I must be smoking the funny weed when I try to explain what TV is all about.

Hats off to the "Morse" family for being visionaries and businessmen who made TV what it is today and for what it will be going forwrad.

It may not be perfect but nothing else I have seen comes close to matching all of the amenties it has.

Or Heinz Ketchup.

Never had to pay a bond or monthly payments either.
Absolutely beautiful weather here today. Everyone enjoy!

No, none of us had to do that before. The cost of the infrastructure was part of the advertised sale price of the house in the other parts of the country.

The bond price is simple information to absorb. I think the simplest way to figure the bond on a property is this. A property selling for $229 has a bond of approximately 22 thousand. A property selling for $560 has a bond of approximatly 56 thousand. It is easy to figure. Add about ten percent to a new home for the pipes and the wires and the pools and the golfcart paths and the streets and the streetlights and the golf courses and the pickleball courts etc. etc. (The Republican editorials in the local newspaper are extra) Had to throw that in to see if you all were paying attention. ;).

Once you get over the hump of adding that price to the sale price of the home you can move on with your life.

And enjoy the beautiful weather as we are all doing.