Talk of The Villages Florida - View Single Post - Another Newbie question re: bond
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Old 08-13-2014, 04:51 PM
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Quote:
Originally Posted by applesoffh View Post
It is my understanding that a bond cannot be charged in Lake County since it is against the county law. If the house is new, the cost of infrastructure will be built into the price of the home. If it is a resale, the price is the true price. A great deal of this information was made available when the Developer started building The Villages of Fruitland Park, which is in Lake County.
Isn't this the way the rest of the country operates? You buy a home and the price reflects what the markup is including what it costs to build it plus the infrastructure.'The Villages does it this way to make their homes seem low priced until you realize that you have a bond which normally would be included into the selling price.
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