Quote:
Originally Posted by twinklesweep
Sorry, I guess I wasn't clear. Please understand that I was not questioning what motivates buyers in terms of what and where they decide to buy. Up until reading this thread I had no reason to keep current on the cost of bonds and was just shocked at that $21,000 figure (coupled with the realization that I could never afford a bond like that).
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Each series of new homes(villa, cottage, designer,premier) has a different price for the fee of the infrastructure, probably based partially on the size of the lot. (i.e. THE BOND)
I don't know what the bond prices are on cottages and villas. I am thinking that close to
23K for a designer is correct and about 50K for a Premier. The price of the infrastructure...the roads, utilities, preparation of area for building, the rec centers and golf courses and pools in place before a home is built in the area is
a separate charge here called the bond. Unlike any place that I have known before, the price of the infrastructure is not figured into the price of the home. It is separate and the interest rate is higher than most people find fair.
Now that COULD be the awful, unseen, cruel and dispicable developer is trying to make more money on the poor, unfortunate and innocent potential buyers, as some try to allude. (Some of them are thinly disguised MLS realtors who are annoyed that they can't sell new homes)
Or it may be a successful way of doing business.
It depends on how people like to read it.
And how people like to read things add so much spice to this forum and keeps us all from being bored.
I enjoy so much trying to figure out what folks are "up too".
I don't think
you are up to anything, Twinklesweep. Prices do keep going up. Because they CAN and because the prices of materials go up, but mostly because they
CAN. Not just here but everywhere. I think if you add the price of the bond to the price of the home you will have a clear picture of how much a new home sells for.
I am glad you live where the bond is lower.
To new readers.
There is a separate and significant charge on new homes and some resales called a bond. If you just add it to the cost of your house in your mind, it is easier to understand. In other areas it is figured into the cost of the home.
You
cannot buy a new home and use a VA or FHA loan OR write any contingincies in a contract on a new home..
You will NOT be given your deposit back.
You can get bigger homes outside of The Villages for the same money.
NO ONE is going to pressure you to live here.
There is a lopsided political climate here.
There are a lot of oldish people walking around and a lot of idiot drivers.
The doctors may not be what you are used to.
At High season this place is CROWDED causing some traffic snafu's that no one has solved.
The Colony Plaza parking lot is so full on most days you would think someone is giving away money.
The grocery stores and restaurants near 466A are so crowded because a lot of danged fools ignored all of the above and bought here anyway.
This place is like my granddaughter...How could you not fall in love with such beauty and charm?????.