Quote:
Originally Posted by LitespeedRider
For some odd reason, when looking at properties sellers try to make some crazy differential between the two. "Oh, that is not the price of the property, that is the price of the BOND".
Um, no. You dont get the one with out the other. So, anyone with conscious thought would add them together in the "total price".
It would be analogous to a car sales person not including tires/wheels "with" the car - rather making them a separate line item.
Attn: Real Estate Professionals who try to make it seem like they are not part of the cost of a property...bond fee's are.
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When I am looking at properties to buy in the Villages (I am starting to look for another property to rent), I always look at the bond balance and add it to the price. That is how I compare. Only people who don't understand the bond would not consider it. This is YUGE dollars we are talking about here, and it is at a much higher interest rate then a typical mortgage.
As a separate issue - these must be the same people who do not understand the cost of moving and move to the villages and move 3 times after they are here- that is EXPENSIVE!!! yikes.