Bond Balance='Mortgage'?
[QUOTE=bobk544;1901628]Hello, is there a Villages link that talks about the typical costs of living in The Villages like what the House Insurance might be on a 300k home and typical monthly HOA/Amenity fees? And in many posts, I see discussions about a "bond" purchase or something like that and haven't got a clue what this "bond" item is all about?
For whatever reason assuming a '5%+ Bond Balance' is generally accepted by 'Resale' Home-Buyers in The Villages.
It's a 'lien' on the house you are buying which should be paid off by the seller, just like any other 'mortgage'. If not - Why not?
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