Property Tax w/o Homestead Property Tax w/o Homestead - Page 2 - Talk of The Villages Florida

Property Tax w/o Homestead

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  #16  
Old 03-09-2009, 04:55 AM
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I agree with several others that posted here - moving within TV is most often NOT due to poor planning but to a change in circumstances. Life is not static - stuff happens. Sometimes that "stuff" makes it desirable, maybe even necessary, to move within TV.
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Old 03-10-2009, 08:57 PM
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Quote:
Originally Posted by Barefoot View Post
Supposedly the average Villager moves three times. I would think probably due to a change in circumstances or lifestyle, and not poor planning.

I assume you mean that the average Villager moves three times in a lifetime.

I guess with the size of the bonds these days, it might be a good idea to wait a couple of years before deciding that where you purchased in TV is the place for you.
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Old 03-10-2009, 09:45 PM
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One more thought. You have until June or July of any year to pay off your bond so it won't end up on your property tax bill. I bought in July of 2001. I waited until June of 2002 to pay the bond. But only because I wanted the interest in my bank account until June and then I paid it off.
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  #19  
Old 03-16-2009, 08:46 AM
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Or, you could buy in Lake County where there are no bonds.
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Old 03-16-2009, 09:00 AM
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But the only problem is just a very small area of TV is located in Lake County.

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Old 03-16-2009, 11:17 AM
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Originally Posted by yorkmaine View Post
Or, you could buy in Lake County where there are no bonds.
Or you could buy in Marion county where the bonds were small and many of us paid them off because of that.
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Old 03-16-2009, 03:25 PM
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Quote:
Originally Posted by Barefoot View Post
Some people disregard the bond amount and don't feel it is part of their purchase price because they can pay it in installments, like a mortgage. But it is part of the purchase price and results in higher monthly payments!

When we looked at houses, if a bond was still owing, we added the unpaid bond amount to the purchase price of the home! For an accurate comparison.

We eventually bought a home on which the bond had been paid in full. And we liked the lower monthly payments a lot.


Also the interest on the bond is not deductible. If you buy a house with the Bond paid and have a mortgage that includes the Bond the interest becomes tax deductible. With mortgage interest rates being low this may be a better deal.
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