Talk of The Villages Florida - View Single Post - "No Bond" is promoted in home sales. But what's the real savings?
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Old 11-28-2023, 09:04 PM
Ksfirefighter Ksfirefighter is offline
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Default Bond, James Bond

Quote:
Originally Posted by CoupleNCA View Post
We visited the Brownwood TS to introduce ourselves and interest. But the realtor we were assigned on our first in-person visit has refused to answer one of our most basic of questions multiple times (she seems to keep copy/pasting the same answer to my very direct question).

My simple question is this: We've seen several really nice properties that promote the fact that they're "NO BOND". As if it was some huge savings or advantage. I just want to know: "What is the average real-world saving on a property with a bond vs. no-bond?"

The sales brochures shows the monthly fees as "bond+maintenance+fire" so you can't gauge what percentage each makes up.

I totally understand the concept of the bond and I totally understand why each "Villages" bond may differ in terms of price. But we're merely trying to ascertain if a property being highly-promoted as "NO BOND" is really that significant and should be given priority in our choices.

Can anybody please answer this question honestly? My assigned realtor can't or won't.
Sellers think that if they pay off the bond then their house should be worth 30k more than one that is not.
That makes sense….. kind of.
It you buy the home and move 2 years later you only paid 2 payments of the bond and will remarket your house a little less than one that potentially has their bond paid.
My experience is get the home that you want, in the area you want, with the sun exposure you want, so you can enjoy the lanai in the afternoon, pool, no pool but you could put one in, privacy, no kissing lanai’s, golf course but not right up on the cart path. Model 10 is so much more space.
I would never offer 30k more for a house that the bond is paid, but I would for the right home, with all the right things.