Talk of The Villages Florida - View Single Post - CDD Maintenance Fee versus Bond Fee
View Single Post
 
Old 04-07-2019, 09:37 AM
Bogie Shooter Bogie Shooter is offline
Sage
Join Date: Sep 2008
Posts: 19,765
Thanks: 13
Thanked 6,127 Times in 2,724 Posts
Default

Quote:
Originally Posted by Jazuela View Post
Also the bond might not even exist, if you're buying in one of the locations where the area's bond has been completely paid off already. There are also some homes whose owners paid THEIR portion of the bond off early, so when they sell, there's no bond for you to take over. New homes in new areas will of course carry a bond responsibility. Pre-owned homes might or might not, and whatever bond they do have, would be reduced by the number of years someone else has been paying it.
It is not their portion, there are two different bonds.
__________________
The further a society drifts from truth the more it will hate those who speak it. George Orwell.
“Only truth and transparency can guarantee freedom”, John McCain