Quote:
Originally Posted by Michael 61
Before my lifestyle visit to The Villages, I contemplated maybe retiring to a condo community in SE Florida, to be close to the beach and warmer winters. So glad I didn’t end up making that retirement choice! My heart goes out to the many retirees that are being hit with skyrocketing HOA increases as well as astronomical assessments. We are fortunate here in The Villages not having to endure those issues.
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If you buy new construction, the cost structure and amounts are remarkably similar to your 50k bond, maintenance fees and amenities. I imagine some condo owners are financing the larger fees just like bond owners here.