Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
#16
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The $240-250 figure monthly for taxes seems more like what I recall from the closing. The previous owners did not have the homestead exemption, nor do we, though we are looking into it. We were fortunate that the bond had been paid by the sellers at the time they bought the house new, so that's one item on the annual tax bill that we won't have to deal with. Apparently that once-a-year payment can be pretty substantial, we've been told....
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#17
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#18
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LB...not insurance; it is used to provide fire and emergency services...it's about $65 per year, I recall, collected on the property tax bill.
As to the annual cost of the original bond debt....our bond is $14000 and the annual payment is about $1,300 or a little over $100/month. So, depending on the bond debt/balance, could significantly alter the amount any one homeowner has to budget for 'property' taxes.
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Maryland (DC Suburbs) - first 51 years ![]() The Villages - next 51 years ![]() |
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