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.
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