Blaine
Dallas,#2Consumer Comment
Sat, February 07, 2009
I am an owner of property at The Villages at Lone Oak. I purchased a couple years ago. Was contacted through similar marketing, after filling out a card at a local show or sports event. My wife and I purchased an interior (non-golf course) lot in this development at that time. Both the development company and the marketing company have changed hands at this point. We had similar experiences with the old marketing company where we won a $250 drawing and it took months and months to receive the check. It wasn't a scam. Nobody ever acted shady. The old company just seemed stretched thin and slow to act. They always answered or returned phone calls. They were always willing to give me updated information, etc. At this point, 9 holes of the very beautiful golf course have been completed and much of the utility hook-ups have been connected to the lots. This has taken a delay due to the change in company hands. As a personal investment (though legally nobody should propose this property as an investment tool... that's just my own personal strategy), we have watched this property mature and do exactly what we figured it would. We recently re-financed the loan and upgraded to a golf course lot on one of the existing fairways. There is much talk of a sister property in the area... but we'll see how it goes. The new marketing company has been much more responsive and accomplished our upgrades with haste. As for the value assertions in this original complaint, the price of these lots is actually a very good deal at $55,000 compared to other lake-centric properties in further stages of development (spelled: a much more difficult speculation) like White Bluffs (3x the price) and a couple others. We choose to see this property as having another 5 years to maturity, but their is nothing here to be considered as a rip-off if your expectations are realistic. Though, this is just one consumer's opinion.
John
McKinney,#3Author of original report
Mon, September 04, 2006
On August 31st a representative of the company developing The Villages at Lone Oak called. He offered to replace the incorrectly stamped cruise offer and to send a $100 debit card for gas. These items arrived by FedEx two days later. They have honored what they offered!!!