Talk of The Villages Florida - View Single Post - The Villages and the IRS. From Lauren Ritchie
Thread: The Villages and the IRS. From Lauren Ritchie
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Old 03-03-2009, 11:16 AM
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Quote:
Originally Posted by Lauren Ritchie View Post
Do you realize, for example, that the outstanding bond debt on each of your homes is roughly $18,000?
Lauren, Steve, V7, anyone help please:

Is this the bond that we know about when we purchase the home or is this something that is yet to come down the pike?

If it is the former then what the heck is Lauren talking about. Every new homeowner knows about the bond that can be paid off over the 30 years or just paid up front like any other home debt.

What am I missing?

Thanks for the help.