"No Bond" is promoted in home sales.  But what's the real savings? "No Bond" is promoted in home sales. But what's the real savings? - Page 17 - Talk of The Villages Florida

"No Bond" is promoted in home sales. But what's the real savings?

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  #241  
Old 12-04-2023, 06:06 PM
BrianL99 BrianL99 is offline
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Originally Posted by Jayhawk View Post

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.
  #242  
Old 12-04-2023, 06:13 PM
BrianL99 BrianL99 is offline
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Originally Posted by Jayhawk View Post
Bond payments from the Developer's Point of view

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
  #243  
Old 12-05-2023, 01:29 AM
4$ALE 4$ALE is offline
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Originally Posted by BrianL99 View Post
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.
  #244  
Old 12-05-2023, 05:30 AM
BrianL99 BrianL99 is offline
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Originally Posted by 4$ALE View Post
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.
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.
  #245  
Old 12-05-2023, 05:42 AM
Robnlaura Robnlaura is offline
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Originally Posted by BrianL99 View Post
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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