set-up of villages
 

We have yet to visit TV, but are wondering...

in any particular village, are the designer homes and cottages intermingled or are they in separate villages? are the bonds the same for ALL homes in each village or do they differ from designer and cottages?

thanks

For the most part each Village has areas of Villas, Designer, Cottage homes. Some Villages have Premier homes only. But in general there is a good mix of homes in each area.

Bonds are based on Sections. Each Village will have numerous sections. For example I purchased in Buttonwood, Sec 164. Every home in that section is a designer home and the bond is the same for all regardless of land cost. In other words the home across the street from me is on a golf course, mine is a corner and the home next to me is strict interior. We all pay just over 23K for our bond. What they do is take the total infrastructure cost of the section and divide it up equally by the number of lots in the section.

The villas will all be in a section of just villas and their bond will be less since the density of the area is greater (more units in the same space).

Russ,
If I understand you correctly, if you live in a "section" of a village that has all cottages then the bond should be smaller as well since the homes are smaller (therefore have more cottages within a section).
Thanks again for all of your help and insight : )

One more option
 

buy in Lake County, NO bond....

I hope Russ doesn't mind me making a small correction, TV calls each section a "Unit", as in "Russ lives in Unit 164".

I, like Russ, have a designer home and also live in the Village of Buttonwood but I am in Unit 163.

You'll find that a lot of contractors and such will ask you for your "Unit and Lot Number" so they can pull up your TV records for your home.

I also live in Buttonwood and my unit is 164. We both have designer homes and are less than a six iron away from each other, off of Triggerfish. I have an Iris andf I believe Russ has a Bergonia. We pay the same bond amount. I'm curious if Dan's bond is different.

I would think that no two Units (thanks for the correction:)) have the same exact bond.

And yes, eyegirl, villa units will have smaller bonds due to density. But the math on how they determine the figure is still the same. Remember though that 'cottages' are not villas. Cottage homes generally take up the same lots as designers and therefore will have the same bond as any other home in that Unit.

If you buy a resale, the bond may have already been paid in full, or have a smaller balance due than a new home.

Hi Tom. I too have an Iris and my bond in unit 163 is $20,046. Geeze, is my bond really about $3k less than unit 164?

I believe my bond is $23

They must have used the gold plated pipes in your 'hood. :)

Another Buttonwood neighbor here and I'm also in unit 164, off of Triggerfish. Our home is an Allamanda model and our Bond is $23,133.

We also looked at new homes that had Bonds less than $20K, but as was previously stated, these homes seemed right on top of each other.

Pennecamp is a recently built village that has all of the different series of homes, except manufactured homes, Villages Homes (that is what they are called in listings) are only found in the original areas at the far north perimeters. Pennecamp has Premiers, Designers, Cottages and Villas.

I like Pennecamp because it does have all series of homes there. I wonder if they will be creating more completely mixed villages as they begin construction south of 466A.

There is an all Premier village being built right now in a sort of isolated area just off 466. This land is surrounded by areas that have been built for many years. I understand that the new Premiers are selling fast. I don't think that is so true of the older ones. I like to read what is for sale and several nice Premiers have been on the market for over a year.

I think most people want LESS space to take care of than in their previous home. Less space to take care of means more time to play I guess.

I find it fascinating to see what people choose and how the villages grow.

When I purchase a home in TV it will be a pre-owned home and one of the criteria will be low or no bond. I have looked at hundreds of listings over the last year and it seems to me that one can purchase a home with a very low or paid-off bond that is comparable in every way to one with a substantial bond balance for a comparable price, less the cost of the bond. I have always purchased pre-owned homes (15 and counting) over the years as I feel I can get more for my money, landscaping, add-ons, and with TVs bond situation, I feel it is even more compelling to buy used.

This is just an observation, :shocked: but of the individual sites already identified in the Sumter Co. Assessors map, there "seems" to be no section(s) in the Brownwood area setup specificately for villas at this time. I don't know if that means much as there may still be many more streets yet to be plotted on this map.