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Originally Posted by justanormalgirl
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?
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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