Talk of The Villages Florida - View Single Post - To pay the bond or not to pay the bond
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Old 02-18-2012, 06:51 AM
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Quote:
Originally Posted by natickdan View Post
The bond issue is one that many of us have thought about and after learning about the number of times a Villager may move, either within the Villages or somewhere else, we decided not to pay off our bond.

If we thought, with some certainty, that we would stay in our current home, we would pay off our bond. Our challenge is that we just don't know if at some point in the future, we'll want to find another home in TV. Although selling a home with no bond is an asset, many pre-owned homes on the market have a bond.

The decision you may make may or may not be the correct one for someone else. Look at all of your options.... Best of luck!
My wife and I made the same decision. We decided that we would live in our CYV for a few years. If we decide that we like it after that time, then we will stay and pay the bond off. If we decide we need a bigger place, then we will move and start the evaluation process all over again. Our neighborhood is only two years old, but already some of my neighbors are "upsizing".