Quote:
Originally Posted by Maineguides
I see everyone talking about a monthly amenity feeand that there’s no hoa fee. Where does the “bond” figure in
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The bond is a totally separate fee imposed on new construction. The buyer can choose to pay it off monthly, or they can pay it off in a lump sum. If they pay it off all at once, then whoever they sell that home to, some day, will have no bond fee to pay. If they pay it off monthly, then the -next- buyer will pay whatever balance is left, or nothing, if there's no balance left.