[kitscottage]

Hi all - I'm going to be moving to TV in about 2 yrs. I have been on a lifestyle preview and have gathered as much info as I can. My understanding is that the bond for a 2B2B Patio Villa currently is around $11,000. Designer homes go up to $20-25,000. The larger the home, the larger the bond. If the bond is not paid in full up front, it is added to your tax bill. I believe you can take as much as 30 yrs to pay off the bond. Because it is included in your tax bill, it is tax deductible. I don't think it is viewed as a loan so you are not paying interest on it. You have the option of paying it off every year when you get your tax bill. If you buy a pre-owned home where the bond is not paid off, you assume payment for the balance.

Please correct me if I am wrong. ???

I love TOTV!!! It is so full of great info!!!! Thank you all!!!