Talk of The Villages Florida - View Single Post - The "Bonds" at The Villages
Thread: The "Bonds" at The Villages
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Old 05-31-2010, 01:36 PM
Ohiogirl Ohiogirl is offline
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Default bond is set by density or type of neighborhood
others can explain this better than I can, but each "Community Development District" which usually consists of several Villages, all built approximately the same time or stretch of time, sets the bonds.

For instance (and someone may correct me here), all patio and courtyard villas have the lowest bond (last I heard was about $12,000 each), then ranch or cottage homes and designer homes (around 20,000 each - ?), and lastly premier homes (I have no idea, but it is higher). Every time a new CDD opens, it appears the bond prices go up a little (understandable as costs for infrastructure go up).