Talk of The Villages Florida - View Single Post - Bonds. Whats the real deal?
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Old 06-05-2014, 01:58 PM
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Hankg42 Hankg42 is offline
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Quote:
Originally Posted by mickey100 View Post
In both cases the price of the home is what is listed, and in addition you have to add in the cost of the bond to come up with your total purchase price. That's why preowned homes with upgrades and where the bond is paid off, are often such good deals.
Now that is an eye opener! I have been looking at home prices, and if they don't quote the cost of the bond, then you really have no idea what the actual cost of the home is. Very difficult to house hunt on-line if this is true.