I remember reading Lake County doesn't allow bonds. That is one matter.
The other matter is why people get all bent out of shape about the separate bond, when:
If you bought
a developed lot to build on, which has streets, curb, gutter, sewer, street lighting, gas lines, cable lines/access, electrical lines, etc…….those costs would be in the price of the LOT.
If you buy a piece of pasture with a dirt footpath into it and nothing more, you're going to have to pay to develop it, probably for a cost of $25,000 on top of the cost of the land. I don't know why the separate bond here is such a big deal to some. If you don't want to pay interest over the 30 years amortization schedule, you can pay it off.
Linked below is a
lot for sale. In Lake County. Lot size is 0.35 acres, for $199,900. Don't you think the lot buyer is paying for a "bond"?
And it has a HOA fee of $695, which we do not have because it's not an HOA situation here.
16751 Bolsena Dr, Montverde, FL 34756 - Home For Sale and Real Estate Listing - realtor.comŽ