[villagetinker]

Originally Posted by RRGuyNJ

The more I read about this bond nonsense, the more I see it as a deal breaker. I'm not a fan of HOA environments any way, but then add this bond to the mix and I don't see how they sell any homes at all. What am I missing? Other HOA communities don't have this set up. Yeah Yeah I know it's not technically an HOA but everyone knows it pretty much is.

There are plenty of resales with "bond paid off", so you can look at those if you are looking to move here. Also, we found it advantageous to pay off the bond early, this is highly dependent on current interest rates, investments returns, taxes, etc. NOTE: the bond payments cannot be written off on your income taxes.