Quote:
Originally Posted by Dusty_Star
I agree with most, but would advise caution about looking for paid bonds. A paid bond on a house you love, in a neighborhood / Village you want, should be considered a bonus. Not getting a house you love in a neighborhood you want because it has a bond might be a mistake. For some of the houses north of 44 the bond can be quite small & the interest rate pretty reasonable. For example on a 10 year old house north of 44 the bond is $12,000 & the interest rate is 2.43% For a slightly older house the bond numbers are probably much less, due to the initial bond being less & the payoff over the years. Some people spend more on a golf cart. The bond should just be one of many considerations when buying a house.
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Bond rates range from a low of 2.32% in parts of Marion County to a high of 5.97% in parts of district 12 in Sumter County. The average bond rate is 3.916%.