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Originally Posted by Dr Winston O Boogie jr
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.
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A lot of preowned homes have the bond paid already if you look.. All the bond amounts are on this link by unit. All bonds for all the lots in a unit are the same.
Bond principal, bond interest, and an annual administrative fee make up the yearly payment which is basically the same for 30 years.
Bond Amortization Schedules
Bond Information:
Residential Bond Assessment Information
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Last edited by KeepingItReal; 10-26-2015 at 07:34 PM.
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