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Old 06-09-2017, 07:02 AM
Jeanne E. Rogers Jeanne E. Rogers is offline
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Default Bond question

Hello All!
My husband and I are considering moving from CT to the Villages. There's a lot to learn and I am doing my best to gather as much info as possible. Of all the things I have read, or have been told, one thing disturbs me the most and that is the issue of Bonds. Can someone please explain CLEARLY what a bond is, what is expected of an owner, and how much money is needed or must be paid. I was told that thousands of dollars are required at closing to pay for a bond. That a bit frightening.
I appreciate any help and I thank you in advance for your kind a prompt reply.
Jeanne E. Rogers
jeanne.rogers22@gmail.com