Talk of The Villages Florida - View Single Post - Maintenance Fees and CDD fees
Thread: Maintenance Fees and CDD fees
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Old 06-21-2011, 03:23 PM
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Quote:
Originally Posted by downeaster View Post
....For reasons open to much discussion, the developer of The Villages does not include the buyer's share of the bond in the advertised purchase price....
I believe that most, if not all, of the (over 600) developments in Florida that are organized under the Florida Community Development District (CDD) laws do this also. I don’t like it because it gives the impression of false advertising.

So that new home in TV advertized for $160k will end up costing $180k or so. With a pre-owned home, the age of the home will dictate the bond balance with a home built in 1995 probably having a bond balance of only a few thousand dollars. Also, as noted previously the mostly modular homes in the historic section of TV (east side of 441) don’t have any bonds.