Thread: INFO PLEASE
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Old 01-22-2008, 04:34 PM
villages8house villages8house is offline
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Default Re: INFO PLEASE

Even if you payoff your Bond in full, you are still responsible for the following:

A yearly Villages Maintenance Assessment (mine is $285.59/yr) that is included on your annual property tax bill from the county.

A yearly Villages Fire District charge (mine is $61.00/yr) also included on your annual property tax bill from the county.

I believe you might be asking about the MONTHLY Amenity Fee that you'll be paying to the CDD District (I'm in District 5 and mine is $132.34/month).

Most likely, you'll be charged for the FIRST month's Amenity Fee (paying in advance) as a part of your closing costs and shown on your Settlement Statement for closing. After that, you'll probably receive (as I do) a monthly statement with an envelope to pay your fees or you can do an electronic transfer payment.

Hope this answers your question. You might want to check out the Posting titled Closing Costs - New vs Resale on this site. There's valuable input there regarding Bonds, etc.

Villages8house