Talk of The Villages Florida - View Single Post - Looking to purchase in The Villages within the next 12-18 mos
Thread: Looking to purchase in The Villages within the next 12-18 mos
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Old 01-17-2025, 11:58 AM
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Quote:
Originally Posted by OrangeBlossomBaby View Post
The point is that the investor (in this case the Developer) gets all that juicy interest on each property for 30 years (or less if someone pays it off early).

NOT paying off the bond early means you're just basically giving the developer extra money. Buying a home with a bond already paid off, or one that never had a bond in the first place, means the home is 100% yours, and no one else has any financial interest in it.
Are you certain the Developer and the Investor are the same entity?
Just a moment...