Thanks for the reply Skyguy. I do realize that the bond and taxes are paid annually, I think that they just break it down into “monthly” amounts on that paperwork for planning purposes. So, do you think that the $192/mo figure I quoted includes both the maintenance assessment and the bond? That would work out to $2304 per year and is based on a $250K home with a homestead exemption.
Also, do you pay the taxes/bond in advance or in arrears? And when does the tax year start? I assume (if you pay in advance) that when you first purchase, you pay some kind of pro-rated amount for taxes/bond?
These are all questions I should have asked the sales rep, but at the time we were just browsing the models and we didn’t really start crunching the numbers until we got back home.
Thanks again.
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