Quote:
Originally Posted by Army Guy
We are also going to pay the bond full when we make the initial purchase so please don't include that. Army Guy
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Others will certainly weigh in with their opinions, but I would seriously rethink this strategy. After a couple years if you are very happy in your courtyard villa and have no plans to upgrade or downsize in The Villages, then you can pay it off. If for whatever reason you decide to sell your CYV, I seriously question you'd get that bond money back in your selling price.
We recenty sold our corpus christi ranch home and upgraded to a small designer. There is no way we would have gotten our bond payment out of it when we sold had it already been paid off. Maybe in several years when the economic picture is once again brighter (I hope), but in the foreseable future I'd give it serious consideration. Just my thoughts.
Good luck however you proceed and welcome to The Villages!