Talk of The Villages Florida - View Single Post - Buying and older house question
View Single Post
 
Old 03-01-2025, 12:29 PM
Birdrm Birdrm is offline
Senior Member
Join Date: Feb 2022
Posts: 110
Thanks: 1
Thanked 43 Times in 31 Posts
Default

Quote:
Originally Posted by Normal View Post
50,000 dollars for a bond and a lifetime of annual GUARANTEED CITY TAXES! No thanks.

Avoid new areas and their bonds like the plague. The money you save moving to a more northern area can buy A LOT of upgrades. Additional city taxes on a new home run north of 1000 per year on almost any house south of 44. Besides, most upgrades like a driveway or granite are already done in a preowned home. Heck, half the time the furniture is included too.
Not all homes south of 44 are that expensive, I bought a 1900sf 3 bedroom villa and the city tax is less than $800 and my bond was $17,000!