Talk of The Villages Florida

Talk of The Villages Florida (https://www.talkofthevillages.com/forums/)

- The Villages, Florida, General Discussion (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/)

- - Bond payoff (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/bond-payoff-44654/)

Quote:

Originally Posted by zcaveman (Post 421940)

I am pretty sure that the bond will be part of your escrow unless you can include the bond as part of your mortgate. Please check this out before you do anything.

It is part of the escrow if you have a mortgage. Citizens first just paid my tax bill and the tax bill included the bond as a non-valorem assessment. The Tax Collector receives the bond & maintainance fees then distributes it back to the VCCDD.

Quote:

Originally Posted by graciegirl (Post 414534)

Herve...my advice is..

Don't pay it off because you may be moving. It keeps the price of your home sounding lower and everyone says this is just your first home in The Villages. I scoffed and laughed at that three years ago. but here we are in our second home here. Some people want more space and some people want less space but it is fairly cheap to move from one house to the other here in TV and many people do it. Just sayin'.

It is seven percent because it can be I guess.

We all have the same percentage of interest on the bond and many of us have just gotten used to it. (Or if you wish to rephrase that, swallowed it, accepted, looked over it, or some other such thing)

Our water bill for the first month on a lot larger lot than our last one and watering more for establishing lawn and greenery was $180. This is FAR less than water bill in Ohio. It may be far more than where others are coming from.

It is what it is.

When anyone moves from one geographic area to another there will be some things that are different, cost more, or less, require different clothes, sports equipment, means of traveling about etc. etc.

I think our water in Ohio cost more than in the areas of this country that are desert. Our taxes were VERY high compared to a friend who ended up living in Huntsville, Alabama....But our schools were wonderful. Our grandson said his first year of college was easy compared to the high school in our area. Some things will be better here and some things not so good, just like any area of the country, I guess.

It is what it is.

And as anyone who reads this forum knows, we just love it here.

Hope you will too.

Hugs.

Gracie.

Graciegirl: Please may I ask a legitimate question "Why is it fairly cheap to move within The Villages? Where does one save off costs short of mileage when transporting your personal belongings? Unless you mean that a resident moves his/her own stuff? I am interested in how that works...Thanks

Does anybody know why the bonds in one village on one side of the street are $2000 more than another village on the other side of the street with the same streets, same sidewalks, same pools, etc?

Quote:

Originally Posted by janmcn (Post 422148)

Does anybody know why the bonds in one village on one side of the street are $2000 more than another village on the other side of the street with the same streets, same sidewalks, same pools, etc?

Must be a different number of homesites per village.

Quote:

Originally Posted by Bogie Shooter (Post 422149)

Must be a different number of homesites per village.

That is a determining factor. Added to that, one village being in a different district than the other also affects the bond. In otherwords, the initial funds required to develop the infastructure of the district determines the amount the initial bond is taken out, which in turn affects the amount of the homeowners individual assessment. More detail on this subject can be found at:

http://www.districtgov.org/departments/finance/faq.aspx

I was told that Lake county won't allow TV to issue bonds

Quote:

Originally Posted by rubicon (Post 422193)

I was told that Lake county won't allow TV to issue bonds

I've heard that TV won't expand further development into Lake Co. That must be the reason why.

Quote:

Originally Posted by rubicon (Post 422193)

I was told that Lake county won't allow TV to issue bonds

Maybe it has something to do with the IRS investigation.

Quote:

Originally Posted by janmcn (Post 422200)

Maybe it has something to do with the IRS investigation.

If that's true, wouldn't it have also stopped further development south of 466A?

The IRS investigation deals with recreational bonds issued by the central/commercial CDDs to buy amenities from the developer.

These are separate and apart from the residental CDD infrastructure bonds tied to new home construction. As of now, these infrastructure bonds and their tax free status is not in dispute by the IRS.

Quote:

Originally Posted by janmcn (Post 422148)

Does anybody know why the bonds in one village on one side of the street are $2000 more than another village on the other side of the street with the same streets, same sidewalks, same pools, etc?

There can be several different sections within the same village that have different bonds. For example, homes in a villa section will have lower bonds than designer homes that are right next to them, in the same village.