Talk of The Villages Florida - View Single Post - Bond on new home
View Single Post
 
Old 12-23-2012, 11:07 AM
janmcn janmcn is offline
Sage
Join Date: Oct 2011
Posts: 5,298
Thanks: 0
Thanked 2 Times in 2 Posts
Post

Quote:
Originally Posted by buggyone View Post
Always has seemed downright silly to me that so many people come down to The Villages and refuse to look at pre-owned homes that offer so many benefits over new homes. The major one is the bond. Established neighborhoods have a much smaller bond than the new ones.
I totally agree with you. The bond on my first house, a courtyard villa, was $2000. Why are these bonds now six times higher? If the cost of the infrastructure was included in the price of a new home, there would be an incentive to keep the cost down. As it stands now, there is no incentive on keeping costs down. These costs never show up until the new buyer is handed his bond.