new blog: Golden Oak: A Community Grows at Disney

Discussion in 'The DIS Unplugged Podcast' started by WebmasterLeah, Jun 18, 2011.

  1. WebmasterLeah

    WebmasterLeah Administrator Administrator Moderator

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  2. OKW Lover

    OKW Lover Retired and living 2 miles from The Castle. DIS Lifetime Sponsor

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    Really, really, really must win lottery. :cloud9:
     
  3. WebmasterMike

    WebmasterMike When Yuba plays the Rumba on his Tuba... Administrator Moderator

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    For the HOA and non-HOA dues alone!!!
     
  4. Joshua_me

    Joshua_me Today's Sustainable Fish

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    There are a number of interesting points in the Non-Residential Association guidelines including rules on resale profits. If a resale occurs before the completion of the home, the Golden Oak Non-Residential Association will receive 75% of the resale profit. If construction has begun and not completed and then the resale occurs within two years following completion, the homeowner owes 50% of the profits to the association. And finally, if construction of the home was already completed at the time of the initial purchase from the developer or the builder, and a resale occurs within two years of the initial purchase, then the homeowner owes 50% of the profits to the association.

    ^ That's absolutely *outrageous*. :sad2:
     
  5. WebmasterMike

    WebmasterMike When Yuba plays the Rumba on his Tuba... Administrator Moderator

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    Does that mean that the association owes you if take a loss?
     

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