View Full Version : Do fees/HOA dues remain the same or do they change over time?
Gulfcoast
03-10-2021, 09:06 AM
I'm curious to know how the HOA and any other fees work in TV. Do they go up over the years and if so by how much?
mulligan
03-10-2021, 09:50 AM
First of all, there is no HOA. All the other fees will go up according to the budget established by the CDD's each year.
Kahuna32162
03-10-2021, 10:43 AM
Trash rates are going up each year with the new contract that was put into effect at the end of last year. Your amenities fees and yearly maintenance fees (paid in your yearly property taxes) are subject to district budgets and special assessments (if needed) within your district. FYI, Our monthly amenities fees have gone up approx. $8 a month over the past 4 years.
graciegirl
03-10-2021, 11:07 AM
The Amenity Fees which are right now around $155 a month are based on the cost of living index. (Which I don't want to even think about due to recent National spending)
We are NOT like other developments where someone decides to redesign the golf course and hire a chef and pass on those expenses to the homeowner. THANK HEAVENS. I love our CDD.
LuvtheVillages
03-10-2021, 11:09 AM
I'm curious to know how the HOA and any other fees work in TV. Do they go up over the years and if so by how much?
The monthly amenity fee goes up each year on the anniversary of your home purchase. It increases by the CPI index, same as your Social Security check.
If you sell and purchase a new home, the fee for the new home re-sets to the current rate, usually an increase over what you have been paying.
The annual bond payment is the same each year, unless the bond has been refinanced to a lower interest rate. Then the amount can go down slightly.
The annual maintenance payment is set by your local CDD district according to their budget needs. Much of it goes to Project Wide Committee for joint Village maintenance needs. (Or Amenity Authority Committee if north of 466.)
Trash collection is on the monthly amenity fee bill. It goes up a little each year.
Fire protection is on the annual property tax bill. It goes up in jumps.
davem4616
03-10-2021, 11:16 AM
Thankfully TV is not an HOA structure...been there done with that.
I concur with an earlier post, since 2017 the monthly amenity fee has gone up $8...not bad given how beautiful the common areas are maintained and for how many things are available
life in TV is pretty nice, very little crime and a safe place to be (except for the few folks that shouldn't be driving)
Altavia
03-10-2021, 12:41 PM
The Villages Information/Fees Videos - YouTube (https://youtube.com/playlist?list=PLhsy5KtCo4HAND0Dbf0JXOwQl_Py42dSX)
butlerperkins@gmail.com
03-10-2021, 02:03 PM
2021 0310 Wed @ 14:02
My amenities fee is $162 monthly. I bought in September of last year southeast of the turnpike.
John_W
03-10-2021, 06:16 PM
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Garywt
03-10-2021, 09:35 PM
You most likely get the idea. My activity bill includes my trash fee and runs about $187 for the two. Many have water and sewer included in that bill as well. We get a separate bill for water and sewer. We have our tax bill which is paid once a year from escrow and our escrow includes the bond payment. I have no idea what the maintenance fee is that people are talking about.
LuvtheVillages
03-10-2021, 09:47 PM
You most likely get the idea. My activity bill includes my trash fee and runs about $187 for the two. Many have water and sewer included in that bill as well. We get a separate bill for water and sewer. We have our tax bill which is paid once a year from escrow and our escrow includes the bond payment. I have no idea what the maintenance fee is that people are talking about.
The maintenance fee is on the annual property tax bill. It is listed right under the bond payment.
Rwirish
03-11-2021, 05:59 AM
There are no HOA fees in TV.
psych2002
03-11-2021, 07:47 AM
Are bond fees yearly? I was told it was a one time fee that can be paid off! When they advertise homes many say bond paid!
Bogie Shooter
03-11-2021, 07:53 AM
Are bond fees yearly? I was told it was a one time fee that can be paid off! When they advertise homes many say bond paid!
All about bonds.
Finance (https://districtgov.org/departments/Finance/finance.aspx)
sallyg
03-11-2021, 08:04 AM
In Sumter County our fees were considerably higher than Lake County.
Be sure to check maintenance, bond, utilities and taxes. The amenity fee is just one piece of the cost.
Gulfcoast
03-11-2021, 08:04 AM
Thanks everyone, I think I'm getting the gist of the fees associated with owning in TV. They sound pretty darned reasonable actually.
mcfirkle
03-11-2021, 08:22 AM
Wrong There are a few areas in TV that have HOA fees. I lived in one we have our own pool and park area. There is one at LSL as you cross the bridge
RealJudy
03-11-2021, 08:50 AM
If the amenity fee is raised, it is on the anniversary of the land sale, not the home sale.
newgirl
03-11-2021, 08:59 AM
I wish they would allow us to pick our own trash company and have options for gas and electricity ( or at least make it a co-op ) .There needs to be competition like in other areas because if your service is bad, or they raise rates we have no say.
Bogie Shooter
03-11-2021, 09:08 AM
I wish they would allow us to pick our own trash company and have options for gas and electricity ( or at least make it a co-op ) .There needs to be competition like in other areas because if your service is bad, or they raise rates we have no say.
My electric provider is SECO, a co-op.
Scbang
03-11-2021, 09:52 AM
I noticed our Belvedere villa (2B 2B) has very high tax compared to some of the bigger houses in Sumpter. But the initial bond was low in 2003. Does anyone know there are relationship between property tax and bond?
Bogie Shooter
03-11-2021, 09:55 AM
I noticed our Belvedere villa (2B 2B) has very high tax compared to some of the bigger houses in Sumpter. But the initial bond was low in 2003. Does anyone know there are relationship between property tax and bond?
None.
Bond Info. Finance (https://www.districtgov.org/departments/Finance/finance.aspx)
No "P" in Sumter.
John_W
03-11-2021, 10:04 AM
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jimjamuser
03-11-2021, 10:33 AM
The Amenity Fees which are right now around $155 a month are based on the cost of living index. (Which I don't want to even think about due to recent National spending)
We are NOT like other developments where someone decides to redesign the golf course and hire a chef and pass on those expenses to the homeowner. THANK HEAVENS. I love our CDD.
I do NOT believe that the cost of living index is affected by National Government spending as long as inflation and interest rates remain low.
realwebles
03-11-2021, 10:40 AM
I just my home in October 2020 and in Februaryu amenity Fees went up $2.21 to $164.21. When I called about it, they just said cost of living raise. I too, believed it was yearly, but they said no. It's only been 4 months. What gives?
jimjamuser
03-11-2021, 10:47 AM
Thankfully TV is not an HOA structure...been there done with that.
I concur with an earlier post, since 2017 the monthly amenity fee has gone up $8...not bad given how beautiful the common areas are maintained and for how many things are available
life in TV is pretty nice, very little crime and a safe place to be (except for the few folks that shouldn't be driving)
We had our house broken into 5 years ago while we were away (they were tipped off that we were away - perhaps by day lawn workers). They got about $3,000 worth of equipment. There is LESS crime in TV Land than in comparable cities in Florida. But, be aware, it is not zero crime and it is MORE than people realize. The newspaper "downplays" it.
Barefoot
03-11-2021, 11:06 AM
When they advertise homes, many say bond paid.You're right about advertising homes!
We paid our bond, and we don't regret it.
tuccillo
03-11-2021, 11:10 AM
Did you buy the house new or used?
I just my home in October 2020 and in Februaryu amenity Fees went up $2.21 to $164.21. When I called about it, they just said cost of living raise. I too, believed it was yearly, but they said no. It's only been 4 months. What gives?
realwebles
03-11-2021, 11:25 AM
I bought used.
tuccillo
03-11-2021, 11:27 AM
I believe the annual amenities increase will be on the anniversary of when the original sales contract for the new home was signed, not the anniversary of when you purchased.
I bought used.
LuvtheVillages
03-11-2021, 11:32 AM
Are bond fees yearly? I was told it was a one time fee that can be paid off! When they advertise homes many say bond paid!
The bond fee is added to your annual property tax bill, so it is yearly.
Depending which district you are in, it can be 30 or more years. If you bought a pre-owned home, the term is less according to how many years the previous owner has been paying.
Some owners choose to pay the entire bond early so as to avoid interest. If you have an extra $25,000 - 35,000 laying around that you don't need, then consider it. There are many threads here on the wisdom of paying the bond early or not.
John_W
03-11-2021, 12:14 PM
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grfmus03
03-11-2021, 12:18 PM
Hey Kahuna... I grew up in Birmingham, MI. Have a place on Hadley!
TandHSTAR@AOL.com
03-11-2021, 05:28 PM
I'm curious to know how the HOA and any other fees work in TV. Do they go up over the years and if so by how much?
We do not have an HOA our system works through CDD.
bpascani
03-11-2021, 08:29 PM
It is curious to me our garbage rates have gone up, yet, now we don't get to recycle...which, in my mind says, our garbage/trash/recycle has actually gone down, because, really, our household of 2, now that we combine everything, only comes to about 1/2-3/4 of a bag, sometimes 2x a week, but sometimes not. SO, my question is...can I reduce my cost by opting out of having garbage pick up totally? That way, I can continue to recycle, and take my garbage to a local dump when I feel the need
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