How can I find Property tax, ccd fees etc.

[amexsbow]

I know there have been numerous posts about property taxes, ccd fees, bonds etc.
I would like to know some up to date facts on all theses recurring fees for Sumpter county.
Also there have been some horror stories about insurance costs and availability.
Are any of the major insurors writing policies for TV, or is it a state pool?

I'm beginning to have second thoughts about buying.

[mtdjed]

I know there have been numerous posts about property taxes, ccd fees, bonds etc.
I would like to know some up to date facts on all theses recurring fees for Sumpter county.
Also there have been some horror stories about insurance costs and availability.
Are any of the major insurors writing policies for TV, or is it a state pool?

I'm beginning to have second thoughts about buying.

Here is the site where you can look up taxes on Sumter county addresses.

Home insurance rates can be a problem. You can look it up on other forums but in summary various insurers have stopped writing policies on homes over 15 years of age if the roof has not been replaced. A lot of roofs have been replaced recently and there have been suspicions of shady practices to get them paid by insurance companies.
GovHub (https://sumter.county-taxes.com/public/search?search_query=madge)

[Garywt]

First off it is Sumter County. Mostly what you have read are from the 2% of the Villages that complain about everything. Taxes are different by county, amenity fees vary a little bast on when you buy, bonds are different by neighborhoods and insurance has been increase with many recent storms. You would bed to check with various agencies for pricing based on various things about you new home. Good luck and it is a great place to live.

[pauld315]

Ask your realtor if yiou are not able to find it on the internet. If you search for Sumter County Fl tax collector you are able to see anybody's tax bill that includes all that information. Be aware however, that once the house sells the property appraisal will be adjusted based on the selling price (thypically selling price minus 7%) and your taxes will rise accordingly.

[Bilyclub]

The new builds right now are in Lake County and some or all of them are also paying Leesburg taxes. When they move back to the Westside of the Turnpike it'll be Sumter County, town of Wildwood.

[Babubhat]

Every property is different. I have home quotes vary by 300%. Keep shopping. Also your claim history and credit rating affect your premiums

[Papa_lecki]

Joined 7 years ago, with 95 posts???

[villagetinker]

I know there have been numerous posts about property taxes, ccd fees, bonds etc.
I would like to know some up to date facts on all theses recurring fees for Sumpter county.
Also there have been some horror stories about insurance costs and availability.
Are any of the major insurors writing policies for TV, or is it a state pool?

I'm beginning to have second thoughts about buying.

As noted in previous replies you can search the Sumter county public records for taxes. Bonds will be in the individual house, and I am not sure if you can get access to the amount remaining or if the bond is paid off, the realtor selling the property should be able to provide this info.
The other typical fees are available on the villages website, but these are TYPICAL and will vary depending on the on the house and lot size.
There was a very good discussion on this topic about a year ago with some very detailed info, if I get a chance I will try a search.
As for insurance the AGE of the roof and the AGE of the house appear to be the big factors of recent increases. We just got our renewal, went up under 20%, but our house is 2013 vintage, concrete block, under recent building codes. Must of the horror stories are for homes located along the coast, or much older designs under older building codes. You should be able to get an estimated cost from The Villages Insurance.

[Bill14564]

As noted in previous replies you can search the Sumter county public records for taxes. Bonds will be in the individual house, and I am not sure if you can get access to the amount remaining or if the bond is paid off, the realtor selling the property should be able to provide this info.

...

You can tell if the bond was paid off as of the previous July by looking at the tax bill. If they had a bond payment listed then it wasn't paid off at that time.

Since you can't make advance payments on these bonds (can't pay down the principle) then you can find the the balance remaining on the amortization schedule available from districtgov.org. (https://www.districtgov.org/departments/finance/bond_info.aspx)

[RustyN]

https://youtu.be/A120kMpc2ug

[Goldwingnut]

Here’s a list of videos that will help you understand the bond, maintenance assessment, and amenity fee. They are about 2 years old but still accurate.

The Villages Information/Fees Videos - YouTube (https://youtube.com/playlist?list=PLhsy5KtCo4HAND0Dbf0JXOwQl_Py42dSX)

[Bridget Staunton]

Don: you are the best, thank you for all you do

[bowlingal]

it's CDD not CCD

[Dlbonivich]

You can pay the bond off once a year in the payoff time. I think it is July. The poster needs a knowledgeable realtor to help ease his anxiety.

[tuccillo]

You can pay the bond off once a year in the payoff time. I think it is July. The poster needs a knowledgeable realtor to help ease his anxiety.

Why is the annual payoff deadline late in July?
The payoff figure is good only through late July because the annual assessment roll must be certified to the Property Appraiser and the Tax Collector to remove the assessment from your tax bill. It would be too late to guarantee removal of the assessment from the tax bill you receive in early November if payment was made after the payoff deadline.

What happens if my bond is paid off after the cut-off date in July?
You will receive one more year of annual debt assessment on the November tax bill. However, if you pay off the bond between the July cutoff date and September 16th, the payoff amount will be reduced by the interest billed in the annual assessment. If you pay off the bond between September 17th and March 16th, the payoff amount will be reduced by half the interest billed in the annual assessment. From March 17th through the following July cutoff date, the payoff amount will be reduced slightly for the amount of principal included in the final annual payment to the Tax Collector.

Is there an advantage to paying off my bond during a certain time of the year?
If you pay off your bond between the July cutoff date and September 16th, the payoff amount will also be reduced by the interest billed in the annual assessment and if you pay off the bond between September 17th and March 16th, the payoff amount will also be reduced by half of the interest billed in the annual assessment.

When will I receive the Release of Imposition if I pay off my bond in full?
You should receive your copy of the recorded Release of Imposition approximately 4 – 6 weeks after paying off your bond. If the Release isn’t received by then, please feel free to call our office at (352) 751-3900. Upon receipt of your copy, it is advisable that you keep it with the deed to your property.

[MidWestIA]

you can see tax

Property Tax Search - TaxSys - Sumter County Tax Collector (https://sumter.county-taxes.com/public/search/property_tax)

[Altavia]

As noted in previous replies you can search the Sumter county public records for taxes. Bonds will be in the individual house, and I am not sure if you can get access to the amount remaining or if the bond is paid off, the realtor selling the property should be able to provide this info.
The other typical fees are available on the villages website, but these are TYPICAL and will vary depending on the on the house and lot size.
There was a very good discussion on this topic about a year ago with some very detailed info, if I get a chance I will try a search.
As for insurance the AGE of the roof and the AGE of the house appear to be the big factors of recent increases. We just got our renewal, went up under 20%, but our house is 2013 vintage, concrete block, under recent building codes. Must of the horror stories are for homes located along the coast, or much older designs under older building codes. You should be able to get an estimated cost from The Villages Insurance.

Just adding newer homes that meet the current wind mitigation standards usually get credits to reduce the rate.

[kkingston57]

I know there have been numerous posts about property taxes, ccd fees, bonds etc.
I would like to know some up to date facts on all theses recurring fees for Sumpter county.
Also there have been some horror stories about insurance costs and availability.
Are any of the major insurors writing policies for TV, or is it a state pool?

I'm beginning to have second thoughts about buying.

Lived in S. Florida and in TV. Taxes are very consistent throughout Florida. We were paying around 4K for a 380K home in S. Florida and now pay around 2K for a home appraised around 275K. Property taxes in Florida are capped for increases IF you own the home and it is homesteaded. Amenity fees are around $175 a month and also can not be raised over inflation rates. Insurance is $1200 now for 300K policy. No control over that but would not surprised if I get premium in the 3K range 2-3 years from now. Good luck.

[TVTVTV]

Joined 7 years ago, with 95 posts???
What is wrong with that?

[EdFNJ]

Looking at tax rates for older properties can be VERY misleading. Unless it is brand new when you buy your property you will start anew at the current rate which could be easily double what the tax listing shows. For the most part they lock your rate in at purchase due to state law with some leeway based on some index(s). When we bought the agent gave us the current listed tax WITHOUT informing us ours would be higher because the original owner purchased when new 9 years before us. Our rate was almost DOUBLE what was quoted when we asked about the taxes. Didn't bother us too much because our yearly rate here is equal to about 2 months in NJ plus no state income tax. We were just surprised.