Talk of The Villages Florida - View Single Post - Bonds. Whats the real deal?
Thread: Bonds. Whats the real deal?
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Old 06-06-2014, 08:08 AM
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Originally Posted by graciegirl View Post
Since the cost of the bond is currently now about $24,000 on new designers now offered for sale , I would guess that it won't be much more. Perhaps the cost of the land from the dairy was greater than had been previously paid for land. I know a lot of owners adjacent to The Villages must have been waiting to sell their land at very high prices.


We will wait and see. Watching it all unfold gives us a front seat to history and I find it very interesting. The Morses are smart cookies. And we are smart people to live here.
When the land was transferred to First Baptist of Leesburg, it was appraised at about $50 million. Was sold to TV for about $10 million from what I was told.
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