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 12-04-2023, 11:07 AM
BrianL99 BrianL99 is offline
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Quote:
Originally Posted by VApeople View Post
OK, I will answer your question.

There is no "average real-world saving on a property with a bond vs. no-bond".

The best analogy I can think of, is owning a home on land encumbered with a CDD Bond, is similar to "owning" a home in trailer park, where you pay a monthly or annual fee for the land on which the trailer is situated.

Common sense would say that's "real world savings" to most folks.

Unfortunately, when dealing with many buyers/sellers in TV (or other CDD communities), common sense is in short supply.