Thanks all,
The main gist of my question was to see if these bonds can be bought and it seems they can be ( I have a lot more research to do first) my thinking is If a villages homeowner is paying 6-7% interest than the bond should be paying a return of 4-6% roughly. A lot better than anything else out there. I've got all winter to research this issue and will update the board if it looks like it will be a doable deal for myself or others.
But while thinking about this last night a new question came to mind.
I understand that the developer needs to recoup the infrastructural costs and it needs to be split between all homeowners in a particular village based on lot size, larger lot more $$$. but how do all the bond amounts come out to nice even round numbers? $20K, $50k etc.
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