[RCT]

Originally Posted by starflyte1

RCT, I am not sure that we are all talking about the same bonds. Yes, there is the one that comes with your home when you buy it new. You can pay it off with no interest.

However, the bond that is being talked about here is a different bond, for many millions of dollars, that the owners of TV owe the developer for the amenities, ie golf course, etc., sold to the owners. (I think that many assume that the amenities belong to them when they buy, but that is not always the case.) That pay off is a large % of your monthly expense charge paid to TV. There is no way for an owner to pay off their share that I am aware of.

The second article does address the bond on your home, yes. I understand the article, the first one, is about amenities, and all this was disclosed, and talked about, when the lawsuit came up, and the developers agreed to pay millions and millions for future upkeep of all the centers and such. My complaint still being about her is, that I agree, she is an opinion writer, but still, to form an opinion, you still must gather facts, to state and informed opinion, don't you? Not just gather enough to make a shocking story. This avenue makes her no better than a radio shock jock, in my opinion.