Quote:
Originally Posted by Jim 9922
Throw in the "bond of probably about $25000 which you owe as a lein against the property and, sorry to say, you are really "under water".
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The bond pays for infrastructure. One way or the other the homeowner always pays for it. It merely depends upon the method used by the state, the county, jurisdiction, etc. In some places it is in the real property tax, in others, a metropolitan fee is charged, in others, it is in the price of the land (in TV, as compared to th e middle atlantc states, land is very cheap. Add in the bod, and it is comparably priced.
It is all regionalricing - either way you cut it Florida is che cared to much of the country!