Impact Fee Vs Bond
I have a simple question (I think). I googled FLA Impact fee and understand what it is. And I understand what the bond is but the definition on both appear to be the same. A new buyer is paying for the infrastructure that it cost the builder to develop the land to build the new home! But the impact and bond are separate fees with more or less the same definition.
So, I understand (and correct me if I'm wrong) -- when buying new construction, the buyer must pay both a bond and impact fee?
If that is the case, wouldn't more people buy resales?
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Tewksbury, MA<br />Naperville, IL<br />The Villages
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