Talk of The Villages Florida - View Single Post - Would the 38K bond on new homes be a deal breaker?
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Old 05-03-2020, 07:20 AM
Travelhunter Travelhunter is offline
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Quote:
Originally Posted by Goldwingnut View Post
DeLuna is in CDD12 and Chitty Chatty is in CDD13. The bonds are not specific to the CDD but to the subdivision (Unit #).

Adjusted for inflation the bonds have not gone up significantly over the last 20 years. Also consider in the newer areas, CDDs 12 & 13, there is a lot more green/open space than anywhere else in The Villages and the overall population density is lower. This results in longer road, more pipes, and more infrastructure in general that has to be paid for. You will pay for it one way or another, as a bond or just rolled into the price of the house the way other developers do it.

This video explains the bonds here in The Villages:

The Villages 5-30-19 Construction update and Bond information - YouTube
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