Talk of The Villages Florida - View Single Post - We'll be closing Dec. 14
Thread: We'll be closing Dec. 14
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Old 10-05-2009, 09:04 PM
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Quote:
Originally Posted by RIpswich View Post
Wife and I just looked at 20 resale designer homes plus a couple of premier homes; and decided to purchase a new (smallest) premier home in Pennecamp. Our new premier home with the least expensive ($5K) interior lot was only $315K. Most of the resale designer homes were significantly more and the two identical model resale homes were $100K more. The kicker is the bond which we understand is now $22K for a designer and $48K for a premier. We have no idea how much the remaining bond is on the two resale premier homes, but there definitely is an unpaid bond associated with them as well.

The interest on the bond is currently a staggering 7.25% if you choose to pay it over 30 years but we were told we could pay it off at closing. We did choose some upgrades, but we believe that we made the logical choice.


The home will be completed in 80 days so we will be closing December 14, 2009. Looking forward to living in The Villages !!!
Great! You'll be in your new home before you know it. Congrats!
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