Talk of The Villages Florida - View Single Post - Another Newbie question re: bond
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Old 08-14-2014, 07:23 AM
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Quote:
Originally Posted by Bogie Shooter View Post
Can opinion be separated from fact in this posting?

It is just realtor speak.

I speak Happy Villager speak.

BACK TO THE SUBJECT.

The last I heard was; The bond on a designer is about 23K, the bond on a premier is about 50k and the bond on a patio villa is about 13K.

It is the cost of not only the usual things, such as essential water, electrical, sewers, etc, but also the golf courses, and recreation centers with public pools and the beautiful landscaping along roadways. The amenity fee is about $140 a month.

We are not in Kansas anymore. It was very surprising to us when we first heard it, but now that we have bought two new homes here, it is just how it's done. We have NOT paid our bond off, although we have no mortgage, we might just want to move again, if the Morses build something we like better than our current home, so we think that when you list a home to sell that having the bond separate, makes the selling cost lower. Many people pay off the bond because the developer does charge a large interest. About six percent.
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