Talk of The Villages Florida - View Single Post - bond questions.
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Old 04-02-2013, 07:32 PM
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Quote:
Originally Posted by twinklesweep View Post
Is $21K the cost of the bond on typical new construction nowadays? Oh my.... In my part of TV (which is much of TV), bonds on secondary market homes usually range from $0 to $5,000. I cannot even imagine adding $21,000 to the price of my home! I probably couldn't even afford it!!! And besides, given the choice, I'd rather have more home in a more convenient location than take on a bond that can add 10% or more to the price of my home. Whew!
For whats its worth, I think that most of us that have bought in the new areas were aware of the bond costs when we made the decision to buy new versus resale. We weighed alot of factors, and decided on new.