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Originally Posted by watersdw
My wife and I are "potentially" on the verge of buying property in TV and were wondering what the general thought was about the recent news on the IRS tax free bond issue? Is there trouble ahead? Do most people think the impact to homeowners is minimal? I would love to get some input from current residents and am surprised to see nothing here already.
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My GUESS is that when new bonds are sold they will have a higher interest rate so the new homeowner will pay more. My guess would also be that for current homeowners there would be no change. However if litigation with the CDD happened the home owners could see their fees go up as they have to pay the expenses of the CDD.