Talk of The Villages Florida - View Single Post - Bond Prices
Thread: Bond Prices
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Old 12-23-2012, 02:56 PM
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murray607 murray607 is offline
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Can someone enlighten me as to exactly what Bonds are and what they are for?

Is there a bond on all new homes? We are thinking of buying a new home vs. a pre-owned home, but there is nothing in the new home listing about a bond.

An example is a 2/2 in Fernandina VNH#: 952072. Price is $139,513, if I were to buy this one, is there a bond to pay as well?

Some of the pre-owned villas listed have no bond and some have low-bond, but there is nothing at all that I can see on the new homes.