Talk of The Villages Florida - View Single Post - 2 part question.....what is a bond and what are the true costs?
Thread: 2 part question.....what is a bond and what are the true costs?
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Old 02-04-2015, 03:41 AM
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Bonanza Bonanza is offline
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Quote:
Originally Posted by sunnyatlast View Post
The bond amount (cost of water, sewer, curb, gutter, street drains, utility lines, etc.) is in the price of a lot in a development anywhere else, and then it's passed on within the price of the house when sold.

Nothing new about the concept of paying for that.
The bond is not based on the price of a lot.
There are many lots that have no premium in which case there is no add-on for the price of the property.

The bond is based on the total price of the house, from what I understand.
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