Quote:
Originally Posted by JourneyOfLife
I am doing some research about TV and the Total Cost of Ownership. My goal is to determine if we should rent or buy over the long term. One cost category would include the various taxes, bonds, and fees (e.g., HOA fee) paid to governments, developers and associations once or yearly.
1) It appears that property owners must pay a bond to cover infrastructure costs in TV. This bond can be payed in cash or in payments (with interest). Is that correct?
2) Do property owners also have to pay property taxes (to the county/state)?
3) What other fees does a buyer/property owner encounter (one time or recurring fees). For example are there other HOA fees?
I will probably post several other questions related to this general topic. Thanks
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The Nuts & Bolts threads on this forum have answers to many questions such as the ones you pose.
I would also add this site:
www.districtgov.org