This whole bond issue is rather confusing to someone who has never dealt with this before.
We were told the bonds were used to build the "infrastructure" in TV. If this means such things as roads, community centers, street lights, etc, then why doesn't everyone pay the same amount for their bond since everyone uses and benefits from these things?
From what I have heard, unless you buy in Lady Lake you are going to be hit with a bond and the more expensive the home, the higher the bond. I still haven't been able to find out why homeowners in one county don't have a bond and yet the others do have one.
Now, I see that on top of paying this bond, the homeowner also has to pay interest on the bond at a rate of about 7% and this is not deductible? This whole bond issue is one reason why my husband and I are still unsure of whether to purchase a home in TV.
Annabelle
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