Quote:
Originally Posted by Sandtrap328
The bond is an amount that pays for the infrastructure of The Villages. It is separate from the sales price. It is now around $25,000 to over $50,000.
It is paid in increments every year and is on your property tax bill. The interest and the bond payments are not tax deductible.
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This is correct. Bonds are issued for the area in which you live. Where we are all from....bonds were included in the house price. So the easiest thing is to add approximately;
25K to designers and Court Yard Villas
14K to patio villas and cottages and ranches
50K to Premier homes.
Some people pay them off, but many opt to pay each year, even though they may buy their home outright. That reason is usually that should they want to sell their home they can ask a lower amount asking price.
Nothing underhanded or subversive. You should also talk about The Villages being a CDD form of government. I have found both to be different but just fine.