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/)
-   -   "No Bond" is promoted in home sales. But what's the real savings? (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/no-bond-promoted-home-sales-but-whats-real-savings-345690/)

BrianL99 12-04-2023 06:06 PM

Quote:

Originally Posted by Jayhawk (Post 2279619)

CDDs help to keep the purchase price of new homes lower because of the deferred infrastructure cost.


Home Buying 101: What are CDD Fees?

That is the most important sentence that's shown up on most any post regarding CDD Bonds.

It is a method to finance infrastructure, that makes the home prices appear to be lower than they really are. Your buying the home and a portion of the land & financing the rest of the land.

BrianL99 12-04-2023 06:13 PM

Quote:

Originally Posted by Jayhawk (Post 2279620)
https://www.talkofthevillages.com/fo...04/index3.html

Read the post from GoldWingNut and you will understand.

If you would like an unbiased education on Bonds, you should get it from someone who really understand them, like the FMS site.


Why CDDs? - FMSbonds.com

4$ALE 12-05-2023 01:29 AM

Quote:

Originally Posted by BrianL99 (Post 2279669)
If you would like an unbiased education on Bonds, you should get it from someone who really understand them, like the FMS site.


Why CDDs? - FMSbonds.com

I think if I'm going to get an education from a nut..... it will be GoldWingNut. I also noticed your link is more than 13 years old. :blahblahblah::blahblahblah::blahblahblah:

BrianL99 12-05-2023 05:30 AM

Quote:

Originally Posted by 4$ALE (Post 2279717)
I think if I'm going to get an education from a nut..... it will be GoldWingNut. I also noticed your link is more than 13 years old. :blahblahblah::blahblahblah::blahblahblah:

Suit yourself.

If I had an opportunity to take a golf lesson from Butch Harmon, rather than some kid on a local driving range, I'd opt for Harmon. You're entitled to your opinion.

Robnlaura 12-05-2023 05:42 AM

Wow rocket scientist
 
Quote:

Originally Posted by BrianL99 (Post 2278841)
That's ridiculous.

If you didn't have a Bond to pay, because the Developer paid for the infrastructure out of pocket, he just would have added it to the home cost.


Building roads, drainage, water supplies, etc., aren't free.

So there you go you got your HOA you just feel better because they didn’t call it a HOA fee .. funny comment though


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