Talk of The Villages Florida - View Single Post - 2 part question.....what is a bond and what are the true costs?
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Old 02-04-2015, 08:11 AM
Bogie Shooter Bogie Shooter is offline
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Quote:
Originally Posted by Bonanza View Post
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.
What is this premium? The fact that the lot may be on a golf course, a corner lot?
What is this add-on?
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