[KeepingItReal]

[quote=Bonanza;893676]

Originally Posted by KeepingItReal

Thank you for sharing your information. Regarding the bond here, I have been told so many different things beginning with the bond is illegal. It's difficult to know what or whom to believe.

I'm not quite sure what happened regarding your taxes since we pay our taxes in arrears in Florida. If you purchased a new house, the taxes were based on the land value only, so if they charged you on a house, also, they did make a HUGE mistake. I have no idea how they could have even come up with a figure!

The bond is not illegal at least in Sumter County but it is new to a lot of people moving here from other areas and was never explained or mentioned to us by our showing agent and the same with our neighbor. First actual bond numbers we had were on the PRE-closing statement after we had put down a deposit. We found out about it from other residents so we knew it existed. I did have to challenge being charged a FULL coming year's interest on November 08 for a bond we were paying off in full at closing and this was what was eventually corrected as the bonds can be called and paid twice a year and not just once as was being told.

I know exactly what happened on the county taxes, as they said they just estimate them. You pay your portion of taxes at closing for the current year and not in the arrears if the taxes have been paid already or will be paid by the seller which was our situation since it was a new house. They charged us 365 days taxes on the lot since the house was just completed and was not taxed when we were only liable for November 08-December 31 county taxes. Our refund was $65 or so but it still is not very professional to just estimate taxes in your favor of course.