Quote:
Originally Posted by laboutj
Speaking of the bonds, do they ever get refinanced? I'm in CDD 9 and looked at my bond amortization schedule, it says my interest rate is 6.963%. One would think that with the current interest rates that the bonds could be refinanced down to something a little more reasonable in regards to interest rate or term.
|
Yes they do.
I would also add not all Residential Units and Villas in CDD 9 are that high..... depends on when they were built I would think. But yes they do refinance them periodically.