Talk of The Villages Florida - View Single Post - First Visit to TV - Impressions & Questions
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Old 07-14-2010, 08:16 AM
Ohiogirl Ohiogirl is offline
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Default about the bonds

Unless things have changed in 4 years, the bond is the same on any villa, regardless of price. e.g., a corner lot 3 bedroom villa with a pool selling for $250,000 will have the same bond as a 2 bedroom selling for $160,000, and unless I'm mistaken, Courtyard villas and patio villas have the same bond, ranches (now cottages) and designers have the same bond, and premiers have their own bond.

It was explained that the bond is based on the density of the neighborhood (average s.f. of the lots). Each new CDD (usually consisting of more than 1 village) will have the bond set (usually each new area is a higher than the one before).

For instance, my CYV bond in CDD 6 (I think - could be 9) was around $9600, my friend's in Hemingway was close to $12,000, if I'm remembering correctly.

Someone correct me if this has changed. You can also search for other posts about this, but since things could change over time, good idea to get the latest.

As you see, I'm kind of wordy too.