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Old 02-03-2015, 07:06 PM
ureout ureout is offline
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Quote:
Originally Posted by justanormalgirl View Post
I've been looking through the current Villages listings and I keep seeing 'bond paid' or 'bond'.....what exactly is that? Is it a one time thing? If I find a home I want that says 'bond paid' will I ever have another bond on that property?

I'm looking mainly on the historic side, for a nice double wide manufactured home or site built ranch. What are the true costs of owning a home in that area.....knowing that utilities will be different depending on who lives in the home.....are there other expenses besides utilities, insurance, taxes and the monthly Villages fee?
The bond you talk about is what the developer adds on to the cost of a new home....it's for the supposed cost of the infrastructure in your particular district, it is divided by the number of homes in that district....the bond is only paid 1 time....as far as the historic side many of the properties are being bougt up by the developer and new homes are being built there