Quote:
Originally Posted by Laker14
Are the individual bonds relative to the cost of the home?
IOW, would a 250K villa have the same bond price as a $350 home?
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A fairly common question, the answer is no, because of the way the bond costs are allocated. However a $250,000 and a $500,000 home in the same subdivision will have the same bond, in a different subdivision the same two houses would have a different bond amount from the first two but again not from each other.
I have explained this in detail with examples a previous post.
Newbie Bond Questions