Talk of The Villages Florida - View Single Post - Bond payment now all up front on new homes???
View Single Post
 
Old 03-23-2014, 08:07 AM
howardandsheila's Avatar
howardandsheila howardandsheila is offline
Senior Member
Join Date: Jan 2013
Location: Villages and mid Michigan
Posts: 99
Thanks: 0
Thanked 0 Times in 0 Posts
Default

Quote:
Originally Posted by dotti105 View Post
We were told by our sales agent, that when we close on our new home, making a cash purchase, that the first year of the Bond is due along with the homeowners ins for that year and prorated amenity fees, garbage, water, sewer, and the one time price of the mailbox keys.
the bond would then be paid yearly in November with the tax bill.

hope this helps!
So, if I pay off my mortgage this year, my bond payment would just become an annual payment included with my tax bill?