Talk of The Villages Florida - View Single Post - How much is the bond?
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Old 10-26-2015, 01:05 PM
Pmount Pmount is offline
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Quote:
Originally Posted by Dr Winston O Boogie jr View Post
I just bought a new house in Silver Lake so we have no bond. But I am interested in the event that some day I might move to the other side.

I assume that the bond is tied to the value or sales price of the house, but I've never seen and actual number.

I have a friend who was going to purchase one of the new homes on this side, but decided, for personal reasons not related to The Villages to buy in the one of the new sections. He said that he was really disappointed when he learned about the bond.
I just purchased a preowned in Charlotte. I also looked in Pine Ridge at new homes. Bond in Pine Ridge on a Cottage home is $25,000

On a preowned you assume the balance of bond and in my case on a 2 year old home has about 18,000 left. I think the cost of development of the area determines bond, not style of home. Size of home and lot would determine taxes. CYV always seem to be less,for both bond and taxes