[graciegirl]

Originally Posted by janmcn

Buffalo Jim: The developer turned over the reigns of all the villages north of 466 a long, long time ago and has had nothing to do with running that portion of The Villages. NOT that long ago it happened at the time of the law suit brought by some villagers in 2008

The developer will ultimately be selling the residents all the recreation facilities that he still owns, south of 466 and 466A. ???????

If you have all these concerns, attend the next district meeting and ask some questions. And by all means, plan on attending Mark Morse's state of The Villages speech next month.

By all means go listen to this very smart man, Mark Morse.

[cquick]

I know these restrictions seem difficult for you, but it's good for The Villages. We sure don't need speculators buying and selling over and over. We want people who really want to live here and make the town their "home".

[Buffalo Jim]

Originally Posted by janmcn

Buffalo Jim: The developer turned over the reigns of all the villages north of 466 a long, long time ago and has had nothing to do with running that portion of The Villages.

The developer will ultimately be selling the residents all the recreation facilities that he still owns, south of 466 and 466A.

If you have all these concerns, attend the next district meeting and ask some questions. And by all means, plan on attending Mark Morse's state of The Villages speech next month.

Jan : Thank you for your post . My attempt in my admitted " tome " and some might feel " rant ". Comes from the many recent posts on this site alleging the large sums of money are " wasted " on certain amenities which they have cited .
My admittedly somewhat " obtuse " example of a Country Club which " shot itself in both feet " for the sake of a few dollars per Member is that once the regions are fully handed over by the Developer ---- BRACE YOURSELF --- because as often happens the tyranny of the minority will take precedent over the majority in order to effect a very small dollar amount of expense savings per household .
So far no one has demonstrated Math to the con tray of what I have pointed out concerning their collective spoken / posted desires to eliminate Community Watch , Fire Dept Emergency [ non-fire ]and even the periodic change out of flowers .
Unfortunately I lack the ability to more briefly and concisely make my case .
That said I still believe that their are lessons to be considered from the downward impact of a Club Board that exhibited very short-sighted decisions .
Sincerely , Buffalo Jim

[NottaVillager]

Like the man says.."You always have two choices. To pass or to play". If you don't like the deal they are offering you're always free to buy something else.

[gustavo]

Originally Posted by graciegirl

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WELL, because those are the rules. It is because of them we don't have more people who are goonier than the few who slip through the cracks.


They run a well oiled machine and gave us our closing date on the day we signed to have our house built and we would have had to pay $250 to change it even if the house was done ahead of schedule, which is often the case.


They do it because they can, and if people don't like those stipulations, there are ten in line behind them that are willing to abide by the rules.


It isn't a RIGHT to live here. It is a privilege.

[llaran]

Not fishy at all, maybe in the old days it was different, when we bought in late 2005 we had the same, prior to that you could make 50-70 thousand in a year and they wanted to stop the speculators.

[Bonanza]

Originally Posted by slipcovers

Where ever you purchase a house you have to come up with 10% when you sign a purchase & sale agreement. One needs to get pre-approved first before making a purchase if that is a concern. There is no need for a home inspection as TV gives a home warrantee. The no profit for 1st year is to discourage speculators coming in, I believe. I don't see TV doing anything out of the ordinary for home sales. JMO

I have been an agent and Realtor since 1984.
Being pre-approved for a loan and having an actual approval
are two different things -- as different as night and day.
I have never heard of a contract that does not refund your deposit
if you are not approved by a lender, except for here in The Villages.
The deposit is always refunded and that is usually
pre-printed into a contract for sale.

Yes, the Villages contract is out of the ordinary.
It is written for their protection and benefit without
giving much leeway to the customer.

[slipcovers]

Sorry, but the OP is referring to NEW construction. In Ma, NEW over 55 requires deposit plus remainder to equal 20% at time of P&S. That is non-refundable even thou it is under construction. One needs to get a mortgage commitment not pre-qualification (my mistake) before giving any deposit. Also, one has to worry about the builder going bankrupt. Don't think that will EVER happen in TV. As far as resales, the deposit is non-refundable once the P&S is signed.

[Bonanza]

Originally Posted by slipcovers

Sorry, but the OP is referring to NEW construction. In Ma, NEW over 55 requires deposit plus remainder to equal 20% at time of P&S. That is non-refundable even thou it is under construction. One needs to get a mortgage commitment not pre-qualification (my mistake) before giving any deposit. Also, one has to worry about the builder going bankrupt. Don't think that will EVER happen in TV. As far as resales, the deposit is non-refundable once the P&S is signed.

I have not seen a Villages contract for sale regarding resales, and therefore cannot comment on what it says about the refundability of a deposit.

But I will tell you that if a contract is written by an MLS Realtor, the clause does permit the buyer to get his deposit back under certain conditions. Just to name two, would be the committment for a mortgage and the inspection report.

[graciegirl]

Originally Posted by Bonanza

I have not seen a Villages contract for sale regarding resales, and therefore cannot comment on what it says about the refundability of a deposit.

But I will tell you that if a contract is written by an MLS Realtor, the clause does permit the buyer to get his deposit back under certain conditions. Just to name two, would be the committment for a mortgage and the inspection report.

Resales are pretty much handled here like they are handled anywhere. The deposit on a new home is/was held, sometimes for years and kept open as the new areas moved. I think the developers were pretty flexible.


The stipulations on resales are up to the sellers just like everywhere with some Florida State differences as you know about property tax being paid ahead or behind and by the mortgage provider. I am not a home seller. I am just a home buyer and we have had many real estate transactions in the past and built more than a half dozen new homes over time and the two new ones we bought here were the smoothest and easiest and best in our lives as far as processes and procedures and warranty being honored.


I know the local realtors are always in a hissy fit about the Morses not letting them sell new homes but I wouldn't either if I were them. It is what it is. I think a lot of negative posting against the developers come from anonymous disgruntled local realtors. Just my opinion.

[slipcovers]

Originally Posted by Bonanza

I have not seen a Villages contract for sale regarding resales, and therefore cannot comment on what it says about the refundability of a deposit.

But I will tell you that if a contract is written by an MLS Realtor, the clause does permit the buyer to get his deposit back under certain conditions. Just to name two, would be the committment for a mortgage and the inspection report.

ONCE AGAIN. The OP was referring to NEW construction. And I was commenting on his post.

[Challenger]

So many posters in this and other threads give their uneucated opinions about legal matters that disserve newbies looking for help.

Absent a violation of pertinent law, contracting parties can come to any agreement that they both agree upon. If you sign the contract , that is evidence of your concurrence and you are bound. Exception would be violation of a law or regulation.

If you actually read the contract and dom't like the provisions, you should not sign(accept)

[keithwand]

I used to watch Boston Legal. Lots of good advice.

[Beechie]

I’m with you Gracie. I can understand the self-serving negative posts from realtors. What I have a really hard time with are all the resident haters of the developer. Is it personal? When my wife and I saw this place for the very first time we were blown away. There are so few places that are anywhere close to the uniqueness of The Villages. We had no issues regarding the conditions upon purchasing a new home.

These detractors seem very unhappy about their situation here in TV. Did their initial love for TV change as a result of something the developer did? Is the developer continuing to hurt these people? Is there a developer out there that could do a better job? Is the developer just too darned successful? Is he a capitalist? Their anger is very apparent.

I was checking to see if there were any old posts as to the perils of Santa Clause. The man just doesn’t get it. He continues to put smiles on the faces of so many that there just has to be an ulterior motive. This, of course, makes some people really angry.

PS Pass the Kool-Aid

[Shirleevee]

Originally Posted by Beechie

I’m with you Gracie. I can understand the self-serving negative posts from realtors. What I have a really hard time with are all the resident haters of the developer. Is it personal? When my wife and I saw this place for the very first time we were blown away. There are so few places that are anywhere close to the uniqueness of The Villages. We had no issues regarding the conditions upon purchasing a new home.

These detractors seem very unhappy about their situation here in TV. Did their initial love for TV change as a result of something the developer did? Is the developer continuing to hurt these people? Is there a developer out there that could do a better job? Is the developer just too darned successful? Is he a capitalist? Their anger is very apparent.

I was checking to see if there were any old posts as to the perils of Santa Clause. The man just doesn’t get it. He continues to put smiles on the faces of so many that there just has to be an ulterior motive. This, of course, makes some people really angry.

PS Pass the Kool-Aid

Oh, I agree 100%....to the Haters, you have many options one is to move!