[dewilson58]

Originally Posted by The Mountaineer

It always comes down to: You pay for the cost of building the home, no matter what conduit is used. Bonds, property taxes, purchase price, "fees." Some try to disguise it by changing what it's called, but there's no free lunch. Whatever it cost to build a home, or purchase a home (if it's being resold) is factored into what you pay. Usually everyone is paying about the same price, just the itemization is under different names.

A lot of posts aren't even on the topic..........just attacking each other. Come on.

[Bonanza]

Originally Posted by slipcovers

WOW!!! My question was, "Why did you buy here"?

Of the few items I mentioned, I think it's apparent that a buyer would not have any idea that any of these things exist or because they aren't mentioned when purchasing a property here, present company included.

Were you aware of any of these things? I'd say that 99% of the Villages population didn't have a clue but probably do now.

Now do you get it?

[Moderator]

Please address the topic of infrastructure bonds and do not direct off topic comments at each other.



Thank you.

[njbchbum]

Originally Posted by Bonanza

I stated that it was not my opinion --
that it was a quote from Wikipedia.

What part of the Wikipedia insert do you find to be innaccurate?

Once I was aware that you had copied the material from Wikipedia where nothing can be taken as reliable I have to question the factual nature of the entire reprint posted without acknowledgement.

I believe the material suggested by Advogado to be a more accurate piece of information for folks with a need to know about bonds and the IRS.

Am done with this - the Mod has posted! Just felt I should answer your question to me. Ciao!

[buggyone]

I believe the OP was talking of the infrastructure bonds. Where I lived in Maryland, this was called the front foot benefit charge. Basically the same thing.

My bond was paid by the original buyer. Saved me $20,000. The new homes did not have the features I wanted and cost the same as mine but also had the full bond. I was also able to negotiate price.

[Bonanza]

Originally Posted by mulligan

Yet, they seem to be fairly successful.

Yes, that's true. They are successful.

[Bonanza]

Originally Posted by graciegirl

It would ONLY benefit the outside realtors.I like it THIS way. The builder does it because the builder CAN do it. It the better mousetrap part. The world IS beating a path to his door.

Yes, Gracie, It would benefit the Realtors because it would add to their ability to earn a living.
But it would definitely benefit the sellers and buyers, as well.

The developer chooses not to cooperate with Realtors and that's his call, but it is NOT the better mousetrap.
Free enterprise for all is always better when there is healthy competition and usually, everyone wins.

There is no down side to it.

[Bonanza]

Originally Posted by njbchbum

Once I was aware that you had copied the material from Wikipedia where nothing can be taken as reliable I have to question the factual nature of the entire reprint posted without acknowledgement.

I believe the material suggested by Advogado to be a more accurate piece of information for folks with a need to know about bonds and the IRS.

Wikipedia is a very reliable source of information on many topics.

Interestingly, you are not mentioning and skirting the issue of what part of Wikipedia's CDD/bond information you find inaccurate. I doubt you can quote any major flaws and it is written in basic English that mostly everyone can understand.

The page 12 you refer to in Advogado's post mentions nothing regarding the IRS CDD law suit against Mr. Morse/The Villages.
I guess you didn't read it.